PitchBook Data

Keiretsu Forum Regions Demonstrate Investment Stability Amidst Industry-Wide Downturns

Retrieved on: 
화요일, 4월 23, 2024

Howard Lubert , Keiretsu Area President, attributes this resilience "as a testament to our member investors and their commitment to funding innovation, particularly within the Life Science sector, renowned as our region's stronghold."

Key Points: 
  • Howard Lubert , Keiretsu Area President, attributes this resilience "as a testament to our member investors and their commitment to funding innovation, particularly within the Life Science sector, renowned as our region's stronghold."
  • Despite the overall industry downturn, this minor contraction within Keiretsu Forum reflects an unwavering commitment to innovative advancements and visionary leadership.
  • Keiretsu Forum has sustained as an industry leader through an unrelenting focus on quality deal flow, vigorous due diligence processes, and a highly collaborative approach to investment selection.
  • This tailored approach is reinforced by a network of members, partners, and strategic alliances, enabling access to top-tier entrepreneurs and investment opportunities.

Morningstar, Inc. Reports First-Quarter 2024 Financial Results

Retrieved on: 
수요일, 4월 24, 2024

With a strong start to 2024, we remain focused on our goal of generating durable, long-term growth."

Key Points: 
  • With a strong start to 2024, we remain focused on our goal of generating durable, long-term growth."
  • The Company's quarterly shareholder letter provides more context on its quarterly results and business and can be found at shareholders.morningstar.com.
  • Adjusted operating margin was 20.4% in the first quarter of 2024, versus 10.8% in the prior-year period.
  • Adjusted diluted net income per share increased 208.9% to $1.73 in the first quarter of 2024, compared with $0.56 in the prior-year period.

Kelp and PitchBook Announce Data Partnership

Retrieved on: 
화요일, 4월 9, 2024

Kelp, a FinTech decision and analytics platform for alternative investors, and PitchBook, the leading data provider for the private and public equity and credit markets, are excited to announce today an agreement to integrate PitchBook data within Kelp’s software suite.

Key Points: 
  • Kelp, a FinTech decision and analytics platform for alternative investors, and PitchBook, the leading data provider for the private and public equity and credit markets, are excited to announce today an agreement to integrate PitchBook data within Kelp’s software suite.
  • View the full release here: https://www.businesswire.com/news/home/20240404619857/en/
    Kelp's Deal Identification module is a "last-mile" dashboard that integrates millions of prepopulated Kelp company and market data points with both internal proprietary files and third-party feeds, such as PitchBook.
  • (Graphic: Business Wire)
    With the launch of this partnership, Kelp clients can integrate PitchBook data – including financial data on private and public companies, investors, funds, limited partners and service providers – directly into their instance of Kelp.
  • The company's data and analysis are available through the PitchBook Platform, industry news and in-depth reports.

Ballistic Ventures Closes $360 Million Oversubscribed Fund II to Fuel the Next Generation of Cybersecurity Innovation

Retrieved on: 
목요일, 3월 14, 2024

SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Ballistic Ventures today announced the close of its oversubscribed $360 million second fund.

Key Points: 
  • SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Ballistic Ventures today announced the close of its oversubscribed $360 million second fund.
  • Fund II for Ballistic Ventures reinforces its commitment to exclusively fund and incubate entrepreneurs and innovations shaping the future of our cybersecurity.
  • Ballistic Ventures closes its oversubscribed $360M second fund.
  • In a sector with promising tailwinds, Ballistic Ventures is set apart by the expertise of its team.

Gunderson Dettmer Named the #1 VC Law Firm Globally for 10 Straight Years by PitchBook Global League Tables

Retrieved on: 
월요일, 2월 26, 2024

Managing Partner Jeff Higgins had this to say about the firm’s achievement, “Over the 10 years Gunderson has been recognized by PitchBook as the top VC law firm, the VC ecosystem has experienced periods of expansion and contraction. 2023 was a year that demanded resilience and our company and investor clients—not to mention our firm -- met the moment and ended the year strong. I am optimistic that 2024 will be a year where the market settles into a new normal and offers numerous opportunities for the best companies to grow and thrive.”

Key Points: 
  • REDWOOD CITY, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Gunderson Dettmer, the leading venture capital law firm globally, has once again been recognized by PitchBook for its outstanding performance in the annual Global League Tables 2023 .
  • Managing Partner Jeff Higgins had this to say about the firm’s achievement, “Over the 10 years Gunderson has been recognized by PitchBook as the top VC law firm, the VC ecosystem has experienced periods of expansion and contraction.
  • Gunderson Dettmer's exceptional performance extends beyond the PitchBook Global League Tables with consistently high rankings from reputable organizations such as Chambers, The Legal 500, Asian Legal Business, India Business Law Journal and LawDragon.
  • Notably, Gunderson Dettmer has been recognized as the 2024 Venture Capital Law Firm of the Year by Best Lawyers .

OurCrowd AI Fund to Collaborate with NVIDIA Inception

Retrieved on: 
화요일, 3월 5, 2024

OurCrowd AI Fund announced it will offer select artificial intelligence startups, in collaboration with NVIDIA, a fast track into the NVIDIA Inception program.

Key Points: 
  • OurCrowd AI Fund announced it will offer select artificial intelligence startups, in collaboration with NVIDIA, a fast track into the NVIDIA Inception program.
  • The OurCrowd AI Fund provides investors with access to the next revolutionary wave of global venture capital opportunities in mission-centric AI companies and the generative AI space, helping solve real-world problems across multiple verticals.
  • Arik Kol, Senior Director, Head of NVIDIA Inception Israel said, “Our collaboration with OurCrowd AI Fund will develop the next generation of AI startups, helping to shape the way that AI will benefit multiple aspects of our lives."
  • Qualifying startups selected for the OurCrowd AI Fund portfolio will be fast-tracked into Inception, which will support them through access to NVIDIA Training courses.

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2023 Financial Results

Retrieved on: 
목요일, 2월 22, 2024

Cash flows were impacted by items described in the Balance Sheet and Capital Allocation section totaling $90.8 million.

Key Points: 
  • Cash flows were impacted by items described in the Balance Sheet and Capital Allocation section totaling $90.8 million.
  • Adjusted operating income was $113.0 million in the fourth quarter of 2023, an increase of 70.2% compared with the prior-year period.
  • Free cash flow increased by 17.2% to $197.3 million for the full year 2023, compared with $168.3 million in the prior year.
  • Operating cash flow and free cash flow in 2023 were impacted by the termination of the Company's license agreement with Morningstar Japan K.K.

IESE-trained startups create 102,800 jobs worldwide, raise $14.5 billion in capital

Retrieved on: 
목요일, 2월 8, 2024

BARCELONA, Spain, Feb. 8, 2024 /PRNewswire/ -- Companies founded by the IESE Business School community have created 102,800 jobs worldwide and raised $14.5 billion in capital, including 3 unicorns.

Key Points: 
  • BARCELONA, Spain, Feb. 8, 2024 /PRNewswire/ -- Companies founded by the IESE Business School community have created 102,800 jobs worldwide and raised $14.5 billion in capital, including 3 unicorns.
  • - 14.5 billion dollars in capital raised by companies founded by IESE students and alumni.
  • (1) 102,800 jobs created by IESE-trained entrepreneurs in 5 continents: This encompasses 80,724 jobs by IESE-alumni founders, and 22,076 jobs by IESE-related founders.
  • (2) $14.5 billion of capital raised by IESE alumni-founded companies: It only tracks around 6% of IESE-alumni startups, some of the largest, since 1998.

Runway Growth Capital Announces Results From Third Venture Debt Review Survey

Retrieved on: 
목요일, 1월 25, 2024

MENLO PARK, Calif., Jan. 25, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the findings from its third Venture Debt Review. Produced in partnership with Sage Outcomes, the survey gauges the current market perceptions of venture debt financing, and explores how the collapse of Silicon Valley Bank ("SVB") in March 2023 has shaped the views of both capital seekers and capital providers.

Key Points: 
  • MENLO PARK, Calif., Jan. 25, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the findings from its third Venture Debt Review .
  • Produced in partnership with Sage Outcomes, the survey gauges the current market perceptions of venture debt financing, and explores how the collapse of Silicon Valley Bank ("SVB") in March 2023 has shaped the views of both capital seekers and capital providers.
  • Though misperceptions about venture debt persist (as they have historically), the collapse of Silicon Valley Bank seemingly did not affect demand for venture debt or its outlook in the months ahead.
  • Following the survey, 5 subject matter experts within the Runway Growth Capital network were invited to participate in an online in-depth interview to provide a more qualitative perspective to the findings.

McDermott Boosts FDA Practice With Five Lawyer Team

Retrieved on: 
화요일, 1월 16, 2024

WASHINGTON , Jan. 16, 2024 /PRNewswire/ -- International law firm McDermott Will & Emery welcomes a new five lawyer US Food and Drug Administration (FDA) team to its Healthcare Practice Group.

Key Points: 
  • WASHINGTON , Jan. 16, 2024 /PRNewswire/ -- International law firm McDermott Will & Emery welcomes a new five lawyer US Food and Drug Administration (FDA) team to its Healthcare Practice Group.
  • "We have long sought to expand and bolster our existing FDA team by adding industry-leading practitioners like Jamie and Paul," said Jerry Sokol , global head of Healthcare at McDermott.
  • The practice was also recognized by Chambers as "Healthcare Team of the Year" in 2010, 2013, 2017, 2019 and 2022.
  • And adding Paul in San Francisco allows us to extend our already robust FDA practice coast to coast," said Doug Carsten , global head of McDermott's global Life Sciences Practice Group.