Venture Capital

⭐️Top Venture Capital Firms pt.2 🔵Techstars ➡️Techstars is a global accelerator and early-stage investor since 2006. Details of the VC firm: 🎥Country: Israel, USA, India, China 🎥Industries: Advertising, Aerospace & Space, Agriculture, AI & ML, Biotech, Crypto & Blockchain, Climate & Sustainability, Cybersecurity, SaaS, Big Data & Analytics, Developer Tools, E-Commerce, Education, Energy, Enterprise, Entertainment, Fintech, Sports, Food & Beverage, Future of Work etc. 🎥Stages: Pre-Seed, Seed 🎥Number of investments: 4116 🎥Funds raised: $108,000,000 🎥3 remarkable investments: Rootine, Packworks, Payymnt 👕Source 🛡Powered by V3V Ventures

💬Daily set of news 💲Human composting and timber marketplaces: talking “industrial” VC with investor Dayna Grayson 💲Deal Dive: Amae Health is building an in-person approach to mental healthcare in an increasingly digital space 💲ICONIQ Growth raises $5.75B seventh flagship fund 💲A comprehensive list of 2024 tech layoffs 🛡Powered by V3V Ventures

🚀Venture capital pours $2.4B into crypto startups in early 2024 🔵After three consecutive quarters of decline, crypto and blockchain startups have witnessed a significant uptick in venture capital investment. 🔵According to data compiled by Galaxy Research, investors injected $2.49 billion across 603 deals in the first quarter of 2024, representing a 29% increase in funding and a 68% rise in deal count from the previous quarter. A sustained recovery must be confirmed by subsequent quarters of growth, the report states, adding:

📌“This was the first rise in both capital invested and deal count in 3 quarters, perhaps signaling that Q4 2023 was the “bottom,” although a continuation of QoQ increases – and a more meaningful increase – would confirm that over the coming quarters.”

👕Source 🛡Powered by V3V Ventures

💬Daily set of news 📈Good news for Rubrik, bad news for TikTok and medium news for early-stage startups 📈Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund 📈xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders 📈The FTC’s ban on noncompete clauses could be good for startups. But it also might be struck down. 🛡Powered by V3V Ventures

🔉Global Funding By Stage Through February 2024 The largest funding round in February went to 32-year-old North Carolina-based Epic Games. That was a $1.5 billion strategic investment in the Fortnite maker from Disney at a valuation of $22.5 billion, which was 30% lower than the $32 billion valuation set in a 2022 funding round for Epic. 👌The next largest funding went to a much younger company: Beijing-based AI startup Moonshot AI, which is just a year old. The large language foundation model company raised a $1 billion Series B funding at a $2.5 billion valuation led by strategic investor Alibaba and Sequoia Capital China. 👕Source 🛡Powered by V3V Ventures

🤚New Startups Might Expect More Cash Last year, investors allocated a lot of resources to help their current portfolio startups keep afloat in the challenging economic environment. This year, we noticed that they are likely to be more devoted to emerging startups and new ventures. 🔓Investors stay positive about the transformative potential of AI and are willing to consider new investments in this field. Sixty-one percent of institutional investors believe AI's opportunity is greater than its risk. AI has the capacity to revolutionize various industries and drive economic growth, which makes AI-focused startups golden geese. ❗️But non-AI companies also have investment opportunities. Such sectors as business and financial services, IT overall and healthcare also rank high in investors' portfolios and will likely continue to attract significant investments. 👕Source 🛡Powered by V3V Ventures

📌Stablecoin Giant Tether Invests $200M In Brain-Computer Interface Startup Blackrock Neurotech Stablecoin issuer Tether invested $200 million in Blackrock Neurotech to take a majority stake in the brain-to-computer interface startup. ⤵️The Salt Lake City-based company creates brain-to-computer interfaces and implants that allow people to control computers and neuroprosthetics. The company had only raised $10 million before the new round from Tether, according to Crunchbase, and values Blackrock Neurotech at about $350 million, per Reuters. 👕Source 🛡Powered by V3V Ventures

👌AI optimism but also concern rise with sky-high valuations The pandemic-led zero interest-rate policy funding climate is clearly in our rearview mirror. Global average monthly funding — which shot up in 2021 — has come down by 62% from that market peak. ©Still, there are many concerns in venture capital circles that AI is the next bubble, as companies in this sector continue to raise massive rounds in quick succession and at huge valuations. 👕Source 🛡Powered by V3V Ventures

✅Global Monthly Funding To AI Companies Overall, AI companies captured a larger share of startup investment in February, Crunchbase data shows. More than a fifth of all venture funding in February went to AI companies, with $4.7 billion invested in the sector. 🤚That was up significantly from the $2.2 billion invested in AI companies in January 2024 and the $2.1 billion invested in February 2023. 👕Source 🛡Powered by V3V Ventures

📍VCs Emphasize Better Governance For Investments During the abundant years of the past, too much capital chased too few promising investments. This imbalance often allowed founders to negotiate from a position of power, resulting in relatively weak oversight of their operations by investors. ⤵️This year, VCs are more selective and wish to have more governance over their funding. This approach aims to foster a startup's sustainable growth and mitigate investment risks. 💳In particular, VCs might actively take up board seats in startups and demand founders to put rigid policies and procedures in place. They will likely give more attention to due diligence before investing and will focus on transparent communication with founders. 👕Source 🛡Powered by V3V Ventures