On Funding?—?The Denominator Effect

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On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns.

On Funding?—?Shots on Goal

Both Sides of the Table

On Funding?—?Shots When you’ve been playing the game a bit longer or when you have responsibilities at the fund level you start thinking more about “portfolio construction.” billion When Ring started, even the folks at Shark Tank wouldn’t fund it. per fund.

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Funding in the Time of Coronavirus

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I had originally signed up to talk about the “VC Market Trends” overall but it seemed inauthentic to speak about VC funding without addressing the virus in the room. So I wrote a brand new deck outlining some Upfront views on what we may see in the funding markets ahead.

Vida Ventures Raises $825M Fund

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vida ventures fund investment venture capital lifescience biotech biomedicalLos Angeles- and Boston-based life sciences investor Vida Ventures.

LIT Method Finds Funding

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Los Angeles-based LIT Method, which offers fitness equipment and programs, said today that it has raised a round of funding. The funding came from Marcy Venture Partners (MVP), the venture capitalist firm co-founded by Shawn "JAY-Z" Carter, Jay Brown, and Larry Marcus, as well an investment from former Los Angeles Dodger Adrian Gonzalez. method funding venture capital fitness equipment

FreightPOP Find Funding

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Lake Forest-based FreightPOP a developer of cloud-based logistics and transportation management software, has raised a new funding round, the company said Thursday. According to the company, it raised a round of funding led by Mercato Partners, and also included un-named, existing investors. As part of the funding, the company has named Davis Warnock of Mercato to its board. The funding came out of Mercato Partners' Prelude venture fund.

Perch Gets Funding From Citi Impact Fund

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Los Angeles-based Perch, a startup which operates a service that lets users build their credit by paying for Netflix, Spotify, Hulu, and other services on credit, has scored an investment from financial giant Citi, via Citi's new Citi Impact Fund. Citi also announced funding in six other companies, including Clerkie, KETOS, MedHaul, Shift, Superpedestrian, and Vyv. perch citi impact fund financial venture capital fintech finance credit unbanked

Ascent Funding Targets Coding Bootcamps With Skills Fund Acquisition

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San Diego-based Ascent Funding, a provider of student loans, says it is targeting the coding bootcamp market, with a new set of loans for those programs. As part of the move into the market, the company says it has acquired the Skills Fund, a firm which has provided over $200M in tuition funding for bootcamps for over 16,000 students. ascent funding coding bootcamp skills fund merger acquisition financial fintech loan student studentloan

8 Personal Attributes Mitigate Startup Funding Risks

Startup Professionals Musings

If you are like the rest of us, and need every advantage you can muster, to get the funding and support you need for your new business, see how many of these non-product elements you can highlight in your next networking discussion. entrepreneur attributes smart risks successful funding

SpaceX Inks $850M Funding

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Hawthorne-based SpaceX confirmed a $850M fundraising in a regulatory filing on Tuesday, in an equity funding round which included 69 investors. spacex starlink venture capital funding aerospace aviation space spaceflightThe fundraising had been rumored to have been in process for the last month or so. The filing said the effort started on February 16th. The round reportedly values the company at $74 billion.

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Hawke Ventures Raises $5.6M Investment Fund

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Hawke Ventures, a new, venture capital fund that is part of marketing company Hawke Media, said Friday that it has raised $5.6M for its first, venture capital fund. The new fund is being managed by Erik Huberman, Tony Delmercado, and Managing Partner Drew Leahy, along with angel investor Paige Craig. hawke ventures investment fund funding marketing market paigecraig

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Dexcom Launches Venture Capital Fund

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San Diego-based Dexcom, which develops equipment for continuous glucose monitoring for people with diabetes, has launched its own venture capital fund, Dexcom Ventures. According to Dexcom, the new fund will seek to identify and invest in opportunities to supplement growth in its core business and advance the development of adjacent technologies for the future. dexcom venture capital fund glucose monitoring lifescience diabetes finance

6 Obligations That Come With Startup External Funding

Startup Professionals Musings

Every funding term sheet is followed by a set of milestone commitments, which should not be considered optional suggestions. Funding can be pulled, and future distributions withheld, if objectives are not met. bootstrapping burden funding lessons startup

Lead Edge Capital Raises $150M Fund

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Santa Barbara- and New York-based Lead Edge Capital, a private equity investor which focuses on growth stage investments in technology companies, said on Wednesday that it has raised $150M in a new fund. According to the company, the new fund will be used for public equity investments. Lead Edge Capital said the new fund brings the company's total capital under management to over $3 billion. Lead Edge Capital said the new fund came from both new and existing limited partners.

Moonshots Capital Raises $36M In Second Fund

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Los Angeles-based venture capital investor Moonshots Capital announced on Tuesday morning that it has raised $36M in its second fund, Moonshots Fund II. The venture investment firm--led by Kelly Perdew and Craig Cummings--said the new fund will continue to go to late Seed and Series A investments. Moonshots Capital says that so far in Fund II, it has made investments in ID.me

Mapped Snags Second Seed Funding

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a second seed funding. The funding came from MetaProp and Allegion Ventures, plus Singtel Innov8, Greycroft, and ANIMO Ventures. The company said the seed II fund brings its total raised to $9.5M, including a $3M funding round in February of 2020. Los Angeles-based Mapped, a developer of artificial intelligence-powered software used for industrial Internet-of-Things (IoT), has raised $6.5M

Impervious.ai Finds Funding

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Size of the funding was not announced. Los Angeles-based Impervios Technologies, a developer of a software layer built on Bitcoin to enable "cryptographically secure, streaming, and censorship-resistant applications", said on Friday that it has raised a pre-seed financing. The round was led by Trammell Venture partners, and also included Strategic Cyber Ventures, Ten-31, Deflation.vc, and Mike Doniger, Former Director of Research at Citadel Fundamental Strategies.

eTailPet Finds $800K Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. The seed funding was worth $800K, and led by Moonshots Capital, and also included individual angels from the pet industry. According to eTailPet, the funding will go to accelerate its business. moonshot ecommerce petstore funding seed capital venture etailpet

Draper Goren Holm Raises $25M Blockchain Fund

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Los Angeles-based Draper Goren Holm , a new venture capital fund founded by Tim Draper, Alon Goren, and Josef Holm, announced on Tuesday that it has raised $25M in its very first fund. According to the firm, its Fund 1 will make seed and Series A investments in the fintech and blockchain startup world. The fund was announced at the LA Blockchain Summit, which is virtual this year. bitcoin blockchain startup investment fund finance capital venture holm goren draper

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Ankona Capital Raises $66M For New Venture Capital Fund

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Newport Beach-based Ankona Capital, a new, venture capital company founded by Josh Harmsen, Brian Mesic, Newth Morris, and Jared Smith, has raised $66M in its first, venture capital fund. ankona capital venture investment fund financial startup harmsen mesicThe company says it invests between $5M to $10M in early, growth-stage B2B software companies which are already generating $5M to $15M in recurring revenues.

Emerged Gets Seed Funding Round

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San Diego-based Emerged, a new startup which provides qualified leads to healthcare organizations, says it has raised a seed round of funding. The funding came from Round One Capital. Emerged said the new funding will go to scale its software platform and for sales and marketing. Size of the investment was not announced. According to Emerged, Jay Love, the co-founder of Round One Capital, will join its board of directors.

Scopely Scores $340M Funding Round

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Los Angeles-based mobile games developer Scopely announced this morning that it has raised a huge, $340M Series E funding round. Scopely said the new funding will go towards supporting its M&A strategy as well as expansion into new product categories. games mobile investment content videogame unicorn funding capital venture scopely

eTailPet Finds Seed Funding

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Los Angeles-based eTailPet , a new startup which helps pet store owners create online e-commerce sites, has received a round of seed funding, the company said this week. Size of the funding was not announced. The funding was led by Moonshots Capital. etailpet venture capital seed funding petstore ecommerce moonshot

10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide. This is the primary source of non-personal funds for very early-stage startups.

Dorian Debuts With $3.25M Funding

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Los Angeles-based Dorian , a startup developing a way for writers and storytellers to create their own games, without coding, has raised $3.25M in a seed funding round, the company disclosed on Monday. The funding was led by March Capital Partners, and also included VGames, Konvoy Ventures, London Venture Partners, Andover Ventures, Night Media, as well as angel Michael Chow (of the Twitch series "Artificial").

Kayne Anderson Renewable Energy Fund Hits $50M

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said last week that its new Kayne Anderson Renewable Infrastructure Fund has reached $50M in assets. The fund focuses on investing in companies that develop, build, own and operate the renewable power infrastructure necessary to transition global power generation to a cleaner future, including wind farms, solar parks, energy storage, and the infrastructure to bring that energy to market. billion across its funds investing in renewable energy and energy transition.

Genalyte Finds $50M Funding

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San Diego-based Genalyte, a developer of laboratory diagnostics and analytics products, announced on Monday that it has raised $50M in a funding round. The funding was led by Verily, an Alphabet company, and also included Provenio Capital, Redmile, Khosla Ventures, HBM Partners, Samsara and others. According to the company, it will use the funding to expand its testing menu and deploy its platform.

Luxury Travel Hackers Gets Seed Funding For Travel Technology

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Santa Monica-based Luxury Travel Hackers said today that it has launched a new company, focused on helping the "mobile millennial" book "influencer-curated" trips via social media, with a seed funding. Size of the funding was not announced. According to Luxury Travel Hackers, the funding was led by Thomas B. luxury travel hackers seed funding venture capital millennial socialmedia influener social media

6 New Venture Realities To Target Your Funding Effort

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). angel funding crowdfunding David S.

How Valence Aims to Provide Better Access and Funding for Black Founders & Executives

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Yeah, Valence announced > $5 million in funding led by GGV and Upfront. It is a company with a mission to create better access and more funding for Black entrepreneurs and executives. “I gotta say it was a good day.” I’m so fricking pumped today. Really, truly.

Upfront Ventures Raised New $280 Million Fund

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We’ve been dying to tell you all for a while that we had raised a new venture capital fund and of course given SEC filing requirements the story was somewhat already scooped by the always-in-the-know Dan Primack a few weeks ago. Wait, didn’t you just raise a fund? Our last fund we raised was in 2012 and we began investing it in April of 2012. Whereas we had four partners investing Fund IV we now have six partners actively looking at deals for Fund V.

Wavemaker Three-Sixty Health Launches New Fund

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Pasadena-based Wavemaker Three-Sixty Health , a healthcare innovation fund led by Jay Goss and Dr. John Nackel, says it has launched a new venture capital fund, Wavemaker Three-Sixty Health Fund II. Size of the new fund was not announced. According to Wavemaker 360, the fund focuses on healthcare start-ups seeking seed-stage investment, and importantly avoids biotech.

Mica Energies Gets Seed Funding

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Irvine-based Mica Energies announced Wednesday afternoon that it has received a seed funding, and says it is working on a "proof of concept" for ite technology, focused on harvesting radio frequencies from the environment. Source and amount of that seed funding was not announced. The company claimed that the seed funding values the company at $39M. mica energies seed funding venture capital radio frequency

March Capital Raises $450M In New Fund

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Santa Monica-based March Capital (formerly March Capital Partners) announced on Thursday that it has raised its third fund, March Capital Fund III, which it closed at $450M in commitments. According to the firm, the new fund is focused on enterprise software companies, and included both existing and new investors. investor investment financial fund capital venture partners march

Electric charging gets more juice as Soros Fund Management makes a bet on Amply Power

TechCrunch LA

Soros Fund Management, the financial investment vehicle led by famed investor George Soros, is placing a small, $13.2

Thin Line Capital Launches New Energy, Sustainability Fund

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Pasadena-based Thin Line Capital announced this morning that it has launched a brand new, energey and sustainability fund, which will invest in cleantech investing. The new firm, led by serial entrepnd investor Aaron Fyke, said its seed stage fund has had its first close of over $5 million. Thin Line Capital is linked with venture capital firm Wavemaker, which is partnering with Thin Line Capital to establish the new fund.

What I’ve Learned About Venture Funding

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VC funding. We love capital efficiency until we love land grabs until we abhor over funding until we get huge payouts and ring the bell for more funding until we attract every non-VC on the planet to invest in startups until it crashes and we start the cycle all over again none the wiser. How can it be that over-funding is bad, bad, bad and then the best possible outcome and what is the inflection point? Our perspectives on the topic wax and wane with market cycles.

Revolution Prep Gets Growth Funding From Apax

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Santa Monica-based Revolution Prep, an academic testing and tutoring preparation company, has scored private equity funding from Apax Digital Fund. Size of the funding was not announced. According to Apax Digital, the new funding will go to expand Revolution Prep's offering and to increase access to its online tutoring services.

8 Angel Funding Realities In Search Of A New Venture

Startup Professionals Musings

contributes more than $25 billion to fund 70,000 startups every year. As an active angel investor, I can tell you what doesn’t work is broadcasting your idea description to flocks of angels, hoping that one will swoop down to anoint you with funding.

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The 22 Fund Finds Funding, Targets Impact Investments

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Los Angeles-based The 22 Fund, a new startup investment fund which says it focuses on the "impact investing" sector--investing with a racial, gender, climate and social justice lens--says it has received an investment from The Clio Fund and ImpactAssets. According to the new investment fund, it is investing in companies led by women, Black, Indigenous and People Of Color (BIPOC). Gray is the Founder and Managing Partner of The 22 Fund.

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Vid Gets Strategic Funding

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capital venture social platform video funding strategicLos Angeles-based Vid , a startup developing a social video platform, announced late Monday that it has received a strategic investment from Ontology, a developer of blockchain technology. Financial terms of the investment were not announced. Vid--which has yet to launch its product--says it is developing a video journaling application, where data is secured through "zero-knowledge" encryption and which is powered by Blockchain.

LA's Newest Venture Fund, Mantis, Raises $35M

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A new, Los Angeles-based venture capital fund-- Mantis --announced on Tuesday that it has raised $35M in commitments for its debut fund, Mantis Capital Fund I, LP. The new fund--created by Alex Pall and Drew Taggart of the musical group The Chainsmokers , says its limited partners include Mark Cuban, Keith Rabois, Jim Coulter, and Ron Conway. mantis venture capital fund music musician alex pall drew taggard chainsmokers thechainsmokers

Should Startups Announce Their Funding?

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Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. Is Funding a Worthy Announcement? There are reasons you may delay funding announcement but rarely reasons not to announce. If you’re a very early stage startup that just raised your first angel money it is very possible that the funding announcement will be your first big tech news.