Venture capital

Contrary Expands Mission to Back the Next Great Young Entrepreneurs; Launches Talent Program Led by Newly Added Talent Partner Ellis Briery

Wednesday, July 1, 2020 - 4:00pm

Over the past few decades, many of the most important technology companies from Google to Snapchat to StitchFix were started at universities.

Key Points: 
  • Over the past few decades, many of the most important technology companies from Google to Snapchat to StitchFix were started at universities.
  • Launched today, Contrary Talent allows young builders to gain lifelong access to a community of both the top and most experienced talent in tech, pairing them with a personal talent agent for free with no strings attached.
  • "Contrary understands how to identify technical and entrepreneurial talent early - and nurture it as it grows," said Eric Tarczynski,Founding Managing Partner of Contrary.
  • Founded in 2016, Contrary is a venture fund that backs the world's top early-career talent.

Diversity Marketing Consortium Launches in Partnership with Harlem Capital

Wednesday, July 1, 2020 - 3:00pm

In partnership with Harlem Capital (HCP) , an early-stage venture capital firm committed to investing in underrepresented founders, the group commits to providing $1.5 million in marketing services to women and minority-led startups over the course of two years.

Key Points: 
  • In partnership with Harlem Capital (HCP) , an early-stage venture capital firm committed to investing in underrepresented founders, the group commits to providing $1.5 million in marketing services to women and minority-led startups over the course of two years.
  • While our country works to repair such systemic inequities, the Diversity Marketing Consortium aims to provide support to underrepresented businesses immediately.
  • We are excited to partner with the Diversity Marketing Consortium to help accelerate diverse founders in our portfolio and in the startup ecosystem, said Harlem Capital Managing Partner, Henri Pierre-Jacques.
  • The Diversity Marketing Consortium commits to providing $1.5 million in marketing services to diverse founders over the course of two years in partnership with Harlem Capital.

Apollo Investment Corporation Schedules Earnings Release and Conference Call for First Quarter Fiscal Year 2021

Wednesday, July 1, 2020 - 2:00pm

The Company will also host a conference call on Thursday, August 6, 2020 at 5:00 p.m. Eastern Time.

Key Points: 
  • The Company will also host a conference call on Thursday, August 6, 2020 at 5:00 p.m. Eastern Time.
  • Participants should reference Apollo Investment Corporation or Conference ID # 2149921 when prompted.
  • Apollo Investment Corporation (NASDAQ: AINV) is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.
  • Apollo Investment Corporation is managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc., a leading global alternative investment manager.

4BIO Capital appoints Brian P. McVeigh as Venture Partner

Wednesday, July 1, 2020 - 12:00pm

4BIO Capital appoints Brian P. McVeigh as Venture Partner

Key Points: 
  • 4BIO Capital appoints Brian P. McVeigh as Venture Partner
    LONDON & PHILADELPHIA 4BIO Capital (4BIO or the Group), an international venture capital firm focused solely on the advanced therapies sector, announces that it has appointed Brian P. McVeigh as Venture Partner based in the US.
  • Dmitry Kuzmin, Managing Partner at 4BIO Capital, said: We are pleased to welcome Brian to the ever-expanding 4BIO team.
  • Brian P. McVeigh said: I have dedicated my entire career to the advancement of innovative and transformative medicines, initially in big pharma at GSK and more recently in management and advisory positions at several dynamic biotechnology companies.
  • He also managed GSKs equity investments in R&D collaboration partners and GSKs Limited Partner investments in venture capital funds, a portfolio totaling >$500 million of invested and committed capital which delivered >$650 million of realized financial returns while under his leadership.

4BIO Capital appoints Brian P. McVeigh as Venture Partner

Wednesday, July 1, 2020 - 7:00am

4BIO Capital appoints Brian P. McVeigh as Venture Partner

Key Points: 
  • 4BIO Capital appoints Brian P. McVeigh as Venture Partner
    LONDON & PHILADELPHIA 4BIO Capital (4BIO or the Group), an international venture capital firm focused solely on the advanced therapies sector, announces that it has appointed Brian P. McVeigh as Venture Partner based in the US.
  • Dmitry Kuzmin, Managing Partner at 4BIO Capital, said: We are pleased to welcome Brian to the ever-expanding 4BIO team.
  • Brian P. McVeigh said: I have dedicated my entire career to the advancement of innovative and transformative medicines, initially in big pharma at GSK and more recently in management and advisory positions at several dynamic biotechnology companies.
  • He also managed GSKs equity investments in R&D collaboration partners and GSKs Limited Partner investments in venture capital funds, a portfolio totaling >$500 million of invested and committed capital which delivered >$650 million of realized financial returns while under his leadership.

Venture capitalists, Purdue innovations, startups establish winning combination for moving life-changing technologies to public

Wednesday, July 1, 2020 - 2:00am

According to the investment report "U.S. Startup Outlook 2019" by Silicon Valley Bank, 52% of startups' funding comes from venture capitalists.

Key Points: 
  • According to the investment report "U.S. Startup Outlook 2019" by Silicon Valley Bank, 52% of startups' funding comes from venture capitalists.
  • The foundation manages the Purdue Foundry, Purdue Office of Technology Commercialization, Purdue Research Park, Purdue Technology Centers and University Development Office.
  • For more information on licensing a Purdue innovation, contact the Purdue Office of Technology Commercialization at otcip@prf.org .
  • For more information about involvement and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at foundry@prf.org .

County Bancorp, Inc. Announces Completion of $17.4 Million Subordinated Notes Offering

Tuesday, June 30, 2020 - 10:25pm

The Company may redeem the Notes on or after June 30, 2025, or at any time upon certain other specified events.

Key Points: 
  • The Company may redeem the Notes on or after June 30, 2025, or at any time upon certain other specified events.
  • The Notes have been structured to qualify initially as Tier 2 Capital for the Company for regulatory purposes.
  • The Company intends to use the net proceeds of the offering for general corporate purposes.
  • Piper Sandler & Co. acted as lead placement agent and Stephens Inc. acted as co-placement agent for the offering.

Scalefast Raises $22M Series B Round to Lead Future of Direct-to-Consumer eCommerce

Tuesday, June 30, 2020 - 10:25pm

Scalefast, a Los Angeles-based digital commerce solution that is changing the way brands do direct-to-consumer (DTC) eCommerce, has raised a $22 million Series B funding round.

Key Points: 
  • Scalefast, a Los Angeles-based digital commerce solution that is changing the way brands do direct-to-consumer (DTC) eCommerce, has raised a $22 million Series B funding round.
  • The Series B funding further validates Scalefasts modern approach to helping brands expand and scale their direct-to-consumer sales.
  • Xplorer Capital, Stereo Capital, FJLabs, as well as current investors Benhamou Global Ventures, Crdit Mutuel Equity and Adara Ventures, participated in the round.
  • At the core of Scalefast is our next-generation technology platform, built to manage, optimize and deliver modern delightful eCommerce experiences.

Dyndrite Features Top Startups at Digital Manufacturing Investor Day 2020

Tuesday, June 30, 2020 - 8:52pm

SEATTLE, June 30, 2020 /PRNewswire/ -- Dyndrite,providers of the core 3D geometry kernel used to create next generation additive hardware and software, today hosted its inaugural Digital Manufacturing Investor Day (DMID2020) event.

Key Points: 
  • SEATTLE, June 30, 2020 /PRNewswire/ -- Dyndrite,providers of the core 3D geometry kernel used to create next generation additive hardware and software, today hosted its inaugural Digital Manufacturing Investor Day (DMID2020) event.
  • With hundreds of attendees gathered, including experts from top manufacturers within the aerospace, automotive, medical, and consumer goods markets, the Dyndrite Investor Day has highlighted the burgeoning interest in additive manufacturing and advancements in the digital manufacturing market.
  • "This is a truly inspired event by Dyndrite," said James Taylor, venture partner at HP Tech Ventures, "The digital manufacturing market is advancing at a rapid pace.
  • The Dyndrite Digital Manufacturing Investor Day was designed to introduce innovative emerging companies with the leading venture capitalists and corporate investors from around the world.

Venture capitalists, Purdue innovations, startups establish winning combination for moving life-changing technologies to public

Tuesday, June 30, 2020 - 5:01pm

According to the investment report U.S. Startup Outlook 2019 by Silicon Valley Bank, 52% of startups funding comes from venture capitalists.

Key Points: 
  • According to the investment report U.S. Startup Outlook 2019 by Silicon Valley Bank, 52% of startups funding comes from venture capitalists.
  • The foundation manages the Purdue Foundry, Purdue Office of Technology Commercialization, Purdue Research Park, Purdue Technology Centers and University Development Office.
  • For more information on licensing a Purdue innovation, contact the Purdue Office of Technology Commercialization at otcip@prf.org .
  • For more information about involvement and investment opportunities in startups based on a Purdue innovation, contact the Purdue Foundry at foundry@prf.org .