Private Equity

US

Unicorns and IPOs: $5trn waiting to be unlocked

The recent IPOs for Arm, Instacart, Klaviyo and Neumora Therapeutics have investors eager to see more unicorns follow suit and end the distribution dry spell.

5 min read · 22 September 2023

Secoda nabs $14m in Craft Ventures-led Series A financing

Secoda is a Toronto-based artificial intelligence-enabled modern data management platform.

2 min read · 22 September 2023

Emerging manager GFT Ventures beats target for debut

Korea Venture Investment Corporation is among at least 94 investors in the AI-focused firm's debut fund, which closed on $140m.

2 min read · 19 September 2023

Recharge Capital taps Wang as managing partner

In her role, Wang will lead the firm’s Singapore office and spearhead the firm’s operations in the APAC region.

2 min read · 19 September 2023

Marathon Petroleum makes investment in Flyscan Systems

Flyscan Systems is a Quebec City-based remote sensing and visual inspection detection platform for oil and gas pipelines.

1 min read · 19 September 2023

Fred Wilson chastises VCs that held stock too long

'LPs of firms that held onto stock after they exited and were hurt when stock prices went down should fire those fund managers,' Fred Wilson said at last week's NYC Summit.

4 min read · 18 September 2023

Biodel Ag raises Series A financing led by Pangaea Ventures

Biodel Ag is a Maricopa, Arizona-based developer of biological ingredients for the crop protection industry.

1 min read · 18 September 2023

CalPERS stunner: CIO to depart in two weeks

During Musicco's brief tenure, CalPERS substantially boosted its investment in venture capital funds as part of a larger effort by the CIO to grow private market exposure.

2 min read · 15 September 2023

Sofinnova Investments ends run of increasingly larger funds

The firm closed on $500m for its 11th flagship vehicle, which had a target of $600m.

2 min read · 15 September 2023

Steyer's climate firm tops $1bn for debut venture fund

The Innovation & Expansion Fund's investors include endowments, foundations and family offices.

2 min read · 14 September 2023

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