Venture capital in Poland

Firsthand Technology Value Fund Discloses Preliminary NAV of $15.57 Per Share as of June 30, 2021

Money, Finance, Economy, Equity securities, Investment management, Net asset value, Venture capital, Cash and cash equivalents, Venture capital in Poland

SAN JOSE, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the Fund), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of June 30, 2021, was $15.57.

Key Points: 
  • SAN JOSE, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the Fund), a publicly traded venture capital fund that invests in technology and cleantech companies, disclosed today that its preliminary NAV, as of June 30, 2021, was $15.57.
  • As of June 30, 2021, the Funds investment in Pivotal consisted of 23,089,506 shares of common stock equivalents (CDIs) and represented approximately 25.8% of the Funds preliminary net assets.
  • The Funds preliminary net assets as of June 30, 2021, include cash and cash equivalents of approximately $0.50 per share.
  • Firsthand Technology Value Fund, Inc. is a publicly traded venture capital fund that invests in technology and cleantech companies.

Panakès Partners Announces the First Closing Of Its New 'Purple' Global Biotech/ Medtech Fund at €150 Million ($180 Million)

Retrieved on: 
Tuesday, July 20, 2021
Finance, Money, Investment, Equity securities, Corporate finance, Private equity, Investment management, Entrepreneurship, Venture capital, Fund of funds, Rho Capital Partners, Venture capital in Poland

Panaks' Purple Fund is currently the largest venture capital fund actively investing in Italian companies and the most significant fund dedicated wholly to the Life Sciences sector in Italy.

Key Points: 
  • Panaks' Purple Fund is currently the largest venture capital fund actively investing in Italian companies and the most significant fund dedicated wholly to the Life Sciences sector in Italy.
  • The Purple Fund is the second venture capital fund dedicated to life sciences launched by Panaks Partners.
  • The Purple Fund has been backed by investors from the first fund as well as new investors.
  • The Fund's two anchor investors are EIF and the Fund of Funds FoF VenturItaly managed by CDP Venture Capital SGR.

Legend Capital continues to be optimistic about technological innovation, with great opportunities in tech investment

Retrieved on: 
Wednesday, July 14, 2021
Finance, Money, Economy, Corporate finance, Equity securities, Innovation economics, Innovation, Entrepreneurship, Venture capital, Technological innovation, Corporate venture capital, Venture capital in Poland

As an investment institution, Legend Capital will continue to focus on technological innovation in the next two decades.

Key Points: 
  • As an investment institution, Legend Capital will continue to focus on technological innovation in the next two decades.
  • When Legend Capital looks for investment targets, in addition to technological innovation, it is also very important to identify application and value creation under various scenarios."
  • Legend Capital focuses on information technology, biotechnology and new energy, and believes that there are great investment opportunities within each of these innovation driven areas.
  • The core business of Legend Capital is early-stage Venture Capital and expansion-stage Growth Capital investment.

Lead Edge Capital Raises $150 Million for Public Equity Fund

Retrieved on: 
Wednesday, June 16, 2021
Finance, Banking, Professional services, Technology, Software, Finance, Money, Investment, Entrepreneurship, Corporate finance, Equity securities, Venture capital, Venture capital in Poland, Samena Capital

Lead Edge Capital (LEC or the Firm), a technology focused growth stage investment fund, today announced the closing of their new public equity fund.

Key Points: 
  • Lead Edge Capital (LEC or the Firm), a technology focused growth stage investment fund, today announced the closing of their new public equity fund.
  • The addition of the public fund brings the Firms total capital under management to over $3 billion.
  • Lead Edge Capital is a growth stage investment fund with more than $3 billion of capital under management and portfolio companies across the internet, software, tech-enabled service and consumer sectors.
  • Lead Edge Capital offers its entrepreneurs flexible capital and extensive domain expertise via its robust Limited Partner Network.

500 Startups Brings Back Its PreMoney Conference on the Future of Venture Capital in Miami

Retrieved on: 
Tuesday, April 6, 2021
Professional services, Other Professional Services, Small business, Technology, Other Technology, Finance, Banking, Finance, Money, Investment, Entrepreneurship, Private equity, Corporate finance, Venture capital, 500 Startups, Startup company, Venture capital in Poland, Unicorn bubble

500 Startups, one of the most active global early stage venture capital firms, is hosting its popular PreMoney conference in Miami on December 1st, 2021.

Key Points: 
  • 500 Startups, one of the most active global early stage venture capital firms, is hosting its popular PreMoney conference in Miami on December 1st, 2021.
  • The in-person, one-day event will gather LPs, fund managers, investors and angels to discuss disruptive strategies, models and technologies in venture capital.
  • An early believer in the citys diverse innovation ecosystem, 500 is bringing PreMoney for the second time to Miami.
  • 500 Startups is one of the most active global early stage venture capital firms, with a mission to uplift people and economies around the world through entrepreneurship.

Xello Secures Follow-On Investment Round from Canadian Business Growth Fund

Retrieved on: 
Thursday, March 4, 2021
Finance, Investment, Money, Business Growth Fund, Venture capital, Corporate finance, Equity securities, Venture capital in Poland

TORONTO, March 4, 2021 /PRNewswire-PRWeb/ --To support expansion of its college and career readiness initiatives, Xello , the award-winning program that helps K-12 students prepare for college, career and future success, has secured a follow-on investment round from the Canadian Business Growth Fund (CBGF).

Key Points: 
  • TORONTO, March 4, 2021 /PRNewswire-PRWeb/ --To support expansion of its college and career readiness initiatives, Xello , the award-winning program that helps K-12 students prepare for college, career and future success, has secured a follow-on investment round from the Canadian Business Growth Fund (CBGF).
  • The latest round of funding will fuel Xello's strategic growth opportunities, including investments in sales and marketing, new partnerships, and enhanced program capabilities.
  • The Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses with investments between $3 and $20 million.
  • An evergreen investment fund with capital commitments of $545 million, CBGF is committed to long-term partnerships with the companies it invests in.

Growth Street Partners Closes $130 Million Second Fund

Retrieved on: 
Tuesday, January 19, 2021
Investment, Finance, Accel, Economy of California, Venture capital in Poland, Calera Capital

SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ -- Growth Street Partners, a San Francisco-based early growth capital firm, today announced the closing of its second fund, Growth Street Partners II, LP ("Fund II").

Key Points: 
  • SAN FRANCISCO, Jan. 19, 2021 /PRNewswire/ -- Growth Street Partners, a San Francisco-based early growth capital firm, today announced the closing of its second fund, Growth Street Partners II, LP ("Fund II").
  • Fund II will make $3-12 million meaningful minority investments to accelerate the growth of $1-5 million annual recurring revenue ("ARR") companies.
  • The Fund II capital raise allows Growth Street to increase the support and expertise it offers its portfolio companies.
  • Growth Street Partners provides early growth capital to rapidly growing B2B SaaS and technology-enabled services companies located in underserved markets across the U.S. and Canada.

Emirex Signs Memorandum of Understanding with M-Strategy for Expanding the Business Linkages

Retrieved on: 
Monday, January 18, 2021
Finance, Money, Economy, Corporate finance, Strategic alliances, Investment funds, Venture capital, Business law, Joint venture, Mergers and acquisitions, Investor, Venture capital in Poland

M-Strategy is specialised in deal structuring and investment transactions in respect of mergers, acquisitions, joint ventures, franchise distribution models and VC funding for start-ups.

Key Points: 
  • M-Strategy is specialised in deal structuring and investment transactions in respect of mergers, acquisitions, joint ventures, franchise distribution models and VC funding for start-ups.
  • The current Memorandum of Understanding identifies the following object of cooperation:
    The mutual promotion of projects of each of the parties.
  • Search for venture projects and investors for Venture Catalysts funds.
  • The mutual attraction of investments and promotion of products and services of each of the parties.

Poland: The Polish Development Fund issued bonds worth PLN 500 million for the EIB

Retrieved on: 
Tuesday, December 15, 2020
European Union, Finance, Money, Polish Development Fund, European Investment Bank, Bond, Security, Venture capital in Poland

The Polish Development Fund (Polski Fundusz Rozwoju - PFR) issued debt securities with a nominal value of PLN 500 million, which have been fully subscribed by the European Investment Bank (EIB).

Key Points: 
  • The Polish Development Fund (Polski Fundusz Rozwoju - PFR) issued debt securities with a nominal value of PLN 500 million, which have been fully subscribed by the European Investment Bank (EIB).
  • As part of the Financial Shield activities, the PFR has already sold in May and June 62 billion worth of bonds in nominal value.
  • This is the first and, at the same time, a very important transaction which the European Investment Bank is signing with the Polish Development Fund.
  • The Polish Development Fund is a group of financial and advisory institutions for entrepreneurs, local governments and private individuals, investing in sustainable social and economic development of the country.

FERI Group and Target Global Join Forces for New Growth Fund

Retrieved on: 
Tuesday, November 24, 2020
Mobile, Wireless, Technology, Finance, Security, Other Technology, Professional services, Software, Networks, Internet, Hardware, Finance, Money, Economy, Investment, Investment fund, Alternative investment, Venture capital in Poland, Private equity, Target Global, FERI Group

The Bad Homburg-based FERI Group is cooperating with Target Global in the management and placement of a new growth fund.

Key Points: 
  • The Bad Homburg-based FERI Group is cooperating with Target Global in the management and placement of a new growth fund.
  • The two companies will work together in the selection of target investments and the placement of this new alternative investment fund for growth capital.
  • The new Target Global Growth Fund offers investment opportunities in selected growth companies to semi-professional and professional investors.
  • The new growth fund will increase the assets managed/advised by Target Global to over 1 billion.