Venture capital

BackBay Communications to Serve as PR Partner for Harvard Business School's 30th Annual Venture Capital & Private Equity Conference

Retrieved on: 
Monday, January 29, 2024

BackBay Communications, an award-winning financial services public relations agency, today announced it is once again a PR partner for the annual Venture Capital & Private Equity Conference , a student club conference at Harvard Business School.

Key Points: 
  • BackBay Communications, an award-winning financial services public relations agency, today announced it is once again a PR partner for the annual Venture Capital & Private Equity Conference , a student club conference at Harvard Business School.
  • “BackBay Communications is proud to partner with the students at HBS to help promote the Venture Capital & Private Equity Conference for the tenth consecutive year,” said Bill Haynes, Founder and Chief Executive Officer of BackBay Communications.
  • In addition to the HBS Venture Capital & Private Equity Conference, BackBay has served as the PR and marketing partner for several private markets industry and university-affiliated events including the SuperReturn conference series.
  • In the last two years, BackBay has been named Best Private Equity PR Firm in The Drawdown Awards and Best Private Equity PR Firm in the Bloomberg/PE Wire European Awards.

30th Annual Venture Capital & Private Equity Conference at Harvard Business School Announces Speakers and Agenda

Retrieved on: 
Friday, January 26, 2024

The Venture Capital & Private Equity Club, the largest student club at Harvard Business School, will hold the 30th annual VCPE Conference on Saturday, February 3, 2024, on the Harvard Business School campus in Boston.

Key Points: 
  • The Venture Capital & Private Equity Club, the largest student club at Harvard Business School, will hold the 30th annual VCPE Conference on Saturday, February 3, 2024, on the Harvard Business School campus in Boston.
  • With 18 panels and 75+ speakers, the conference will feature industry-leading experts providing insight on a variety of topics related to private markets investing.
  • Conference panel topics include Alternatives in Alternatives, State of PE, State of VC, Artificial Intelligence, Starting Your First Fund, Distressed Debt & Special Situations, Insurance Capital, and others.
  • “It is a privilege to serve as the faculty advisor for the 30th annual Harvard Business School’s VCPE Conference.

Runway Growth Capital Announces Results From Third Venture Debt Review Survey

Retrieved on: 
Thursday, January 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.

BioCatch Finishes Record-Breaking 2023 with Largest Sales Quarter in Company History

Retrieved on: 
Monday, January 22, 2024

TEL AVIV, Israel and NEW YORK, Jan. 22, 2024 /PRNewswire/ -- BioCatch, the global leader in digital fraud and money laundering detection and response powered by behavioral biometric intelligence, today announced preliminary results for its fiscal year 2023, achieving 49% annual ARR growth after closing the largest sales quarter in the company's history, on the heels of crossing the $100m ARR milestone in early November 2023.

Key Points: 
  • The record-breaking final fiscal quarter of 2023 completed a momentous year during which BioCatch welcomed 78 new customers and significantly expanded its relationships with existing customers, achieving 126% Net Dollar Retention.
  • The organization's growth continues to be fueled by the rapid adoption of BioCatch Connect™, the company's flagship product portfolio.
  • Adoption of BioCatch Connect accelerated in the final months of 2023 with Scam Prevention and Mule Detection solutions sales growing by 390% over 2022.
  • For the full fiscal year 2023, BioCatch recorded significant revenue, operational, and customer satisfaction milestones, including:
    Eclipsing historical sales records in three of four selling quarters leading significant overachievement of FY 2023 operating plan.

BioCatch Finishes Record-Breaking 2023 with Largest Sales Quarter in Company History

Retrieved on: 
Monday, January 22, 2024

TEL AVIV, Israel and NEW YORK, Jan. 22, 2024 /PRNewswire/ -- BioCatch, the global leader in digital fraud and money laundering detection and response powered by behavioral biometric intelligence, today announced preliminary results for its fiscal year 2023, achieving 49% annual ARR growth after closing the largest sales quarter in the company's history, on the heels of crossing the $100m ARR milestone in early November 2023.

Key Points: 
  • The record-breaking final fiscal quarter of 2023 completed a momentous year during which BioCatch welcomed 78 new customers and significantly expanded its relationships with existing customers, achieving 126% Net Dollar Retention.
  • The organization's growth continues to be fueled by the rapid adoption of BioCatch Connect™, the company's flagship product portfolio.
  • Adoption of BioCatch Connect accelerated in the final months of 2023 with Scam Prevention and Mule Detection solutions sales growing by 390% over 2022.
  • For the full fiscal year 2023, BioCatch recorded significant revenue, operational, and customer satisfaction milestones, including:
    Eclipsing historical sales records in three of four selling quarters leading significant overachievement of FY 2023 operating plan.

Market-Leading Emerging Companies and Venture Capital Partners Chuck Cotter and Finity Jernigan Join Morrison Foerster in Denver

Retrieved on: 
Thursday, January 18, 2024

DENVER, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Chuck Cotter and Finity Jernigan as Denver-based partners in the firm's Emerging Companies + Venture Capital (ECVC) Group. Between them, Cotter and Jernigan bring more than three decades of experience and a market-leading practice in the consumer-packaged goods (CPG) space to Morrison Foerster.

Key Points: 
  • DENVER, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Morrison Foerster, a leading global law firm, is pleased to announce the arrival of Chuck Cotter and Finity Jernigan as Denver-based partners in the firm's Emerging Companies + Venture Capital (ECVC) Group.
  • Between them, Cotter and Jernigan bring more than three decades of experience and a market-leading practice in the consumer-packaged goods (CPG) space to Morrison Foerster.
  • Cotter and Jernigan join Morrison Foerster from another law firm where Cotter and Jernigan most recently served as co-chairs of the Food, Beverage, and Consumer Products Industry Group.
  • Jernigan and Cotter's addition underscores the continued growth of Morrison Foerster's global ECVC capabilities.

Prota Therapeutics US $21 Million Financing Led by SPRIM Global Investments

Retrieved on: 
Tuesday, January 16, 2024

MELBOURNE, Jan 16, 2024 - (ACN Newswire) - Prota Therapeutics Pty Ltd (Prota), an Australian biotechnology company focused on the development of novel oral immunotherapy treatments that induce remission of allergy, today announced financing of US$21 million in equity and debt financing.

Key Points: 
  • MELBOURNE, Jan 16, 2024 - (ACN Newswire) - Prota Therapeutics Pty Ltd (Prota), an Australian biotechnology company focused on the development of novel oral immunotherapy treatments that induce remission of allergy, today announced financing of US$21 million in equity and debt financing.
  • The round, led by Singapore-based SPRIM Global Investments (SGI), will help the company prepare for a Phase 3 clinical investigation of the company's PRT120 oral therapy for peanut allergy.
  • "SPRIM brings valuable expertise, capabilities and an international investment network to Prota's technology and clinical program," said Prota Executive Chairman Kelly Constable.
  • "This partnership and funding will accelerate Prota's drug development plans and clinical trial program, and we look forward to this strategic collaboration as Prota moves toward its Phase 3 trial."

SPZI: JP 3E Holdings, Inc. Names Highly Qualified Board Member; Michel Verdy

Retrieved on: 
Tuesday, January 16, 2024

CLEARWATER, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce another highly qualified member to the Board – Michel Verdy.

Key Points: 
  • CLEARWATER, Fla., Jan. 16, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc., formerly Spooz, Inc. (OTC: SPZI), is pleased to announce another highly qualified member to the Board – Michel Verdy.
  • Michel Verdy is a Canadian businessman, Global Citizen, Investment Architect with an impressive personal and business background.
  • Michel Verdy and CIG Partners Limited and CIG International have been developing major business projects since Quarter 2 2023.
  • For the benefit of the poorest young generation, Michel Verdy was an active member of The Rotary International.

Ventura Fund Services Redefines Excellence with Fund Administration Firm Launch

Retrieved on: 
Thursday, January 11, 2024

NEW YORK and LOS ANGELES, Jan. 11, 2024 /PRNewswire/ -- Ventura Fund Services ("Ventura"), proudly announces the launch of its new Fund Administration firm. As the landscape of fund managers evolves, Ventura's commitment to client success will define every aspect of our work. Ventura's experienced team, led by founding partners Matt Lowe, CPA and Alan Tsarovsky, Esq. will provide tailored solutions and unparalleled support for clients across the investment industry.

Key Points: 
  • Ventura delivers unparalleled expertise and has built a team, committed to excellence, ensuring clients receive customized strategic support.
  • At our core, as a Fund Administrator, is a commitment to client service for the U.S. market.
  • We specialize in a range of services including accounting, reporting, investor services and compliance, all designed to optimize efficiency and results.
  • Matt Lowe, Managing Partner, described the launch, noting "Ventura's primary and ongoing commitment is to offer innovative solutions which empower fund managers.

Compass Mining Announces New CFO

Retrieved on: 
Tuesday, January 9, 2024

WILMINGTON, Del., Jan. 9, 2024 /PRNewswire/ -- Compass Mining , a marketplace for bitcoin mining hardware, hosting, and mining services, is pleased to announce the latest addition to its Executive team.

Key Points: 
  • WILMINGTON, Del., Jan. 9, 2024 /PRNewswire/ -- Compass Mining , a marketplace for bitcoin mining hardware, hosting, and mining services, is pleased to announce the latest addition to its Executive team.
  • Eric Alfuth has joined Compass as the Chief Financial Officer and brings a proven track record of growth and building high-caliber finance teams.
  • He has previously served as CFO at both public and private companies including Sable Bay Energy and Wagner Oil Company.
  • Alfuth contributes invaluable investing expertise and significant experience in the energy sector, enhancing Compass with his wealth of knowledge and insights.