VC

Enduro Genetics closes first funding round and strengthens team to broadly enable large-scale biological production

Retrieved on: 
Thursday, April 7, 2022

STOCKHOLM, April 7, 2022 /PRNewswire/ -- Today, the Danish biotech company, Enduro Genetics, announces the closure of its first funding round, led by NOON Ventures.

Key Points: 
  • STOCKHOLM, April 7, 2022 /PRNewswire/ -- Today, the Danish biotech company, Enduro Genetics, announces the closure of its first funding round, led by NOON Ventures.
  • Relying on living organisms, green biological production can be difficult to scale to large markets.
  • Enduro `stabilizes' biological production by adding production dependence to cells using synthetic biology.
  • Through this disruptive technology for stabilizing productive cells, Enduro Genetics has shown it can increase the competitiveness of green bioproduction.

Enduro Genetics closes first funding round and strengthens team to broadly enable large-scale biological production

Retrieved on: 
Thursday, April 7, 2022

STOCKHOLM, April 7, 2022 /PRNewswire/ -- Today, the Danish biotech company, Enduro Genetics, announces the closure of its first funding round, led by NOON Ventures.

Key Points: 
  • STOCKHOLM, April 7, 2022 /PRNewswire/ -- Today, the Danish biotech company, Enduro Genetics, announces the closure of its first funding round, led by NOON Ventures.
  • Relying on living organisms, green biological production can be difficult to scale to large markets.
  • Enduro `stabilizes' biological production by adding production dependence to cells using synthetic biology.
  • Through this disruptive technology for stabilizing productive cells, Enduro Genetics has shown it can increase the competitiveness of green bioproduction.

DNP to Participate in Allegis Capital Funds Established by Allegis Capital

Retrieved on: 
Thursday, April 7, 2022

Dai Nippon Printing Co., Ltd. ( DNP )(TOKYO:7912) will partner with Allegis Capital (Allegis) of Palo Alto, CA., USA to promote value creation through innovative startups and provide capital through an investment fund.

Key Points: 
  • Dai Nippon Printing Co., Ltd. ( DNP )(TOKYO:7912) will partner with Allegis Capital (Allegis) of Palo Alto, CA., USA to promote value creation through innovative startups and provide capital through an investment fund.
  • Allegis has a track record in establishing more than 10 funds, mainly in the fields of general technology, cyber security and data science.
  • DNP will participate in future funds targeting startup companies.
  • Main investment areas: US companies in the following businesses, FinTech, information security, Enterprise, the environment and materials.

Minority-led Emmeline Ventures Launches to Give Women the Opportunity to Invest in Seed Stage, Female-Founded Companies

Retrieved on: 
Thursday, April 7, 2022

LOS ANGELES, April 7, 2022 /PRNewswire/ -- Today, Emmeline Ventures, a multi-cultural, multi-generational, all-female, early stage investment fund, came out of stealth with the announcement of their first investment in Clutch Wallet. Clutch Wallet is a web and mobile-based digital wallet that unlocks the opportunity for women to actively participate in the rapidly growing asset class of crypto and web3.

Key Points: 
  • The networks they've provided have been so helpful for our business and it's only our second month working together.
  • Also having female investors fund our product that will generate more wealth for women is a strategic full circle of women helping women," said Bec Jones, Founder & CEO of Clutch Wallet.
  • The success of this pilot fund is what led them to solidify their mission and value proposition and create Emmeline Ventures.
  • By funding companies that have a meaningful, positive impact on how women lead their lives in the future.

DocSend Q1 Pitch Deck Interest Data Shows Investor Engagement Waning Amidst Macroeconomic Uncertainty

Retrieved on: 
Thursday, April 7, 2022

SAN FRANCISCO, April 7, 2022 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company released new data analysis based on its Pitch Deck Interest metrics showing founder and investor pitch deck activity continued to increase year-over-year (YoY). But additional data also shows that momentum has cooled in comparison with 2021's record fundraising activity.

Key Points: 
  • Comparing Q1 2021 to Q1 2022, founders increased the average number of pitch decks sent to investors by 17%.
  • For the first time since 2020, founder supply is outpacing investor interest (or demand), indicating a distinct shift in the market.
  • Further evidence that the pace is slowing is reflected in the data analyzing the quarter-over-quarter (QoQ) change in the Pitch Deck Interest metrics.
  • Investor deck interactions- the average number of investor interactions for each pitch deck link.

Sustainable fashion search engine, Ethical Clothing, launches in the US & Canada with thousands of searchable, ethically produced clothes

Retrieved on: 
Wednesday, April 6, 2022

BARCELONA, Spain, April 6, 2022 /PRNewswire-PRWeb/ -- An uptick in the importance of brand values and consumer consciousness has resulted in not only large high street brands taking sustainable fashion seriously, but also a significant increase in new smaller brands that have sustainability baked into their DNA. Studies in the US show that more than two thirds of Americans are willing to pay more for sustainable products, but most (74%) don't know how to identify them. The launch of Ethical Clothing's sustainable fashion search engine in North America aims to resolve this problem.

Key Points: 
  • Ethical Clothing, a Spanish based sustainable fashion search engine, adds hundreds of sustainable North American fashion brands to its catalogue making it easy for conscious consumers to find sustainably produced fashion that fits their style and budget.
  • The launch of Ethical Clothing's sustainable fashion search engine in North America aims to resolve this problem.
  • As tech savvy people, keen to shop consciously, they noticed a significant rise in the number of sustainable clothing brands.
  • With ethical-clothing, he hopes to use this experience to help connect sustainable brands and conscious fashion consumers across the globe.

Voyager Ventures Launches $100M Fund I to Invest in Climate Tech Across North America and Europe

Retrieved on: 
Wednesday, April 6, 2022

SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- Voyager Ventures, the VC firm built on 28 years of climate experience, today announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe.

Key Points: 
  • SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- Voyager Ventures , the VC firm built on 28 years of climate experience, today announced its first fund of $100M.
  • Fund I invests in early-stage climate technology companies in North America and Europe.
  • "We're excited to back Voyager as a stand-out early-stage climate tech investing firm," said Eva and Logan Green, CEO of Lyft.
  • Built on 28 years of climate technology expertise, Voyager Ventures invests in exceptional technology companies creating the foundations of a new, decarbonized economy.

Voyager Ventures Launches $100M Fund I to Invest in Climate Tech Across North America and Europe

Retrieved on: 
Wednesday, April 6, 2022

SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- Voyager Ventures, the VC firm built on 28 years of climate experience, today announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe.

Key Points: 
  • SAN FRANCISCO, April 6, 2022 /PRNewswire/ -- Voyager Ventures , the VC firm built on 28 years of climate experience, today announced its first fund of $100M.
  • Fund I invests in early-stage climate technology companies in North America and Europe.
  • "We're excited to back Voyager as a stand-out early-stage climate tech investing firm," said Eva and Logan Green, CEO of Lyft.
  • Built on 28 years of climate technology expertise, Voyager Ventures invests in exceptional technology companies creating the foundations of a new, decarbonized economy.

2021 Canadian VC disbursements reach $13.58B

Retrieved on: 
Wednesday, April 6, 2022

ICT and biotech companies raised $8.73 billion and $1.98 billion accounting for 64% and 15% of the total disbursements respectively.

Key Points: 
  • ICT and biotech companies raised $8.73 billion and $1.98 billion accounting for 64% and 15% of the total disbursements respectively.
  • Fasken and Osler led all VC law firms with 43 and 42 VC financings respectively.
  • TORONTO, April 6, 2022 /CNW/ - Canadian venture capital disbursements set new Canadian record in 2021, raising $13.58 billion by Canadian companies from 716 financings, according to the Canadian Venture Capital Report released today by CPE Analytics, a division of CPE Media & Data Company.
  • The record-setting Canadian VC investment pace is continuing to be driven by US and foreign investors.

SVB Financial Group Debuts Fellowship Program to Foster Next Generation of Black, Latinx and Women Venture Capital Leaders

Retrieved on: 
Wednesday, April 6, 2022

SANTA CLARA, Calif., April 6, 2022 /PRNewswire/ -- SVB Financial Group (SVB), financial partner of the innovation economy and parent company of Silicon Valley Bank, today announced the SVB Fellows Program, a fellowship program for Black, Latinx and women professionals looking to launch their careers in venture capital. The SVB Fellows Program is powered by the Black Venture Capital Consortium (BVCC), an organization working to increase diversity within the venture capital and entrepreneurship ecosystem, and the largest provider of specialized venture capital programming for Historically Black College and University (HBCU) students.

Key Points: 
  • The SVB Fellows Program connects talented emerging professionals with distinguished VC firms, where they will serve in entry-level investment roles.
  • As the program expands, SVB will leverage additional recruitment channels to identify additional Latinx and women fellows.
  • SVB Financial Group is the holding company for all business units and groups 2022 SVB Financial Group.
  • SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, MAKE NEXT HAPPEN NOW and the chevron device are trademarks of SVB Financial Group, used under license.