News > Venture Capital

Fundraising for Women-Run Venture Capital Funds Accelerates
Despite remaining underrepresented in the industry, women-owned funds are securing more capital and making more deals in 2017 Women make up an average of 21% of staff at venture capital funds. This proportion falls to 11% of senior staff, and just 6% of board members at venture capital firms. However, women-owned* venture capital vehicles have seen fundraising reach new heights
Venture Capitalist Steve Jurvetson Quits Firm and Then Defends Himself Against Sexual Harassment Allegations
The day after one of the most prominent venture capitalists in Silicon Valley quit his namesake firm, he defended himself on social media against allegations of sexual harassment. Recode first reported that Steve Jurvetson had left Draper Fisher Jurvetson "by mutual agreement," after an investigation was launched into sexual harassment claims made against him. While DFJ did not specify why Jurvetson had agreed to
Report: SoftBank Will Invest Billions in Uber; But Some Now See a Threat to the IPO Market
Venture Capital
The long-expected investment in Uber by SoftBank is now a reality as a spokesperson for the ride-sharing company confirmed the deal to TechCrunch on Monday. The investment will presumably come from the SoftBank's $100-billion Vision Fund, which the Japanese telecommunications giant launched with Saudi Arabia’s Public Investment Fund to invest in tech firms across the globe. These investments have been fast and furious,
TransferWise Banks Mega-Round as VC Deal Sizes Inflate
Venture Capital
Payments startup TransferWise has raised a $280 million Series E, led by Old Mutual Global Investors and IVP. With the new investment, which also included funding from Sapphire Ventures, Japan's Mitsui, and World Innovation Lab, the company is looking to continue its global expansion, particularly in the Asia-Pacific region. TransferWise will also use the backing to further develop its Borderless
2017's Startup Graveyard: 11 Failed Companies, $1B in VC Funding
Venture Capital
“Juicero is dead.” That’s the headline that ran in September when Juicero, which made cold-press juice machines that sold for several hundred dollars apiece, went under. The four-year-old company had previously generated a valuation of $459 million and raised $121 million in VC funding from Silicon Valley heavyweights like Kleiner Perkins Caufield & Byers and GV. While Juicero's death was
Should WeWork Really Be One of the Most Valuable Startups in the World?
Venture Capital
With a valuation of more than $20 billion, the New York-based office space provider WeWork is one of the richest startups in the world, having just secured another $4.4 billion in August from SoftBank's Vision Fund. But as WeWork's valuation reaches astronomical levels, it brings with it increased scrutiny and one inevitable question: Is this really a $20-billion company? If you
Study: VC Spending in the U.S. Soars, But Fewer Deals Getting Done
Venture Capital
Venture capital spending this year in the United States is on pace to top its highest level since the turn of the millennium, even as dealmaking continues to lag, according to data from Statista. Per Statista, VC firms invested $61.4 billion in 5,948 completed deals through the first three quarters of 2017. However, citing data from Pitchbook-NVCA Venture Monitor, Statista notes
These 7 Startups Have Raised $500M+ Rounds This Year
Venture Capital
This year is on pace to hit a record high for total US venture capital invested in the past decade—but deal count is set to decline sharply for the second year in a row, according to data from the most recent PitchBook-NVCA Venture Monitor. Here's a closer look at capital invested and deal activity in US venture rounds over the
Abu Dhabi's State Fund Just Opened an Office in San Francisco to Boost Investments in Silicon Valley
Venture Capital
The sovereign wealth fund of the United Arab Emeritus has opened an office in San Francisco "in order to deepen its relationship with Silicon Valley," which includes launching its first venture capital fund, Recode reports. The UAE's sovereign wealth fund, which operates as the Mubadala Investment Company, plans to invest $400 million in early-stage startups through its VC fund. It will
The Top 7 VC Investors in Late-Stage US Software Companies
Venture Capital
Docker has raised about $62 million of a $75 million late-stage funding round, per an SEC filing. The company, which provides a software container platform, is valued at roughly $1.3 billion with the new financing. [REITs] By Iftikhar jan tarakzai (Own work) [CC BY-SA 4.0], via Wikimedia CommonsSince the beginning of 2015, 1,533 VC investors have participated in at least