The UK government announces additional support for startups in a new coronavirus Future Fund to be launched in May. The government is committing £250m towards a new £500m fund that would invest in high-growth private companies. The government also promised £750m worth of grants and loans to small and medium-sized businesses focusing on research and [...]
Index Ventures announces the close of two new funds with a total of $2 billion in funds. Of this $1.2 billion is for investment in later stage growth rounds and $800 million in emerging startups. As we navigate these choppy waters, we are witnessing the emergence of a new generation of exceptional leaders who, [...]
Atomico closes its fifth venture capital fund at $820 million targeting Series A rounds but with the ability to invest in what it calls “breakout” companies at the Series B and C stage. Our latest fund doubles down on our core strategy: to partner with mission-driven European founders at Series A and beyond, where [...]
83North has closed it's fifth fund at $300 million to invest in best and brightest consumer and enterprise technology companies led by aspiring European and Israeli entrepreneurs. Headquartered in London and Tel Aviv, the five-strong 83North team has worked with the region’s most ambitious founders to create market-leading technology businesses. Laurel Bowden, Arnon Dinur, [...]
Dawn Capital has closed a $125 million Opportunities Fund to invest in later stage round in it's existing portfolio companies from prior funds. In June 2018 the firm closed Dawn III at $235 million for investments in Series A and B rounds. Our sweet spot is working with founders when they have gotten their [...]
Dealroom has released a new report on capital flows within Europe which provides some interesting perspective on capital flows in the venture market, particularity as we approach Brexit in 2019. The 10 page report can be found on here
Tech Nation has released it's 2018 report — the most comprehensive guide to the UK’s digital tech ecosystem to date. Using a rich mix of official, open and web data, the Tech Nation Report 2018 dives deep inside the themes that are essential to the success of the UK’s tech entrepreneurs. For the full [...]
PayPal (PYPL) to acquire Swedish based payments company iZettle for $2.2 billion to expand its geographical footprint and to enter the market for on-premise payment solutions. Seen as the European equivalent of the US based company Square, this acquisition creates many new industry dynamics within the payments industry. The company's devices and platform are being [...]
Dawn Capital closes its third European fund at $235M. Dawn III is one of the largest dedicated B2B venture funds in Europe with a 50/50 split between the UK and European based companies in the portfolio. The European focus has enabled Dawn to secure significant follow-on funding from EIF despite it London base. [...]
Today Spotify (SPOT) delivers a direct listing on the NYSE by closing trading at $150 per share, above its reference price of $132. A direct listing is highly unusual process that does not involve the normal process of using one or more brokers to run and underwrite the IPO. The shares offered of sale [...]
