Venture capital

Runway Growth Capital Announces Results From Third Venture Debt Review Survey

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星期四, 一月 25, 2024
Silicon, PitchBook Data, SVB, Partnership, VCS, Interview, Venture capital, Silicon Valley Bank, Bank

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

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星期一, 一月 22, 2024
Macquarie Group, Traction, Intelligence, ARR, Fraud, TEL, Venture capital, FY, Growth

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: 
星期一, 一月 22, 2024
Macquarie Group, Traction, Intelligence, ARR, Fraud, TEL, Venture capital, FY, Growth

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

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星期四, 一月 18, 2024
Morrison & Foerster, Columbia Law School, Beauty, Food, Texas A&M University, University, Private practice, CPG, Cosmetics, Venture capital, System, Patent, Growth

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

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星期二, 一月 16, 2024
Adrenaline, CMC, Patient, Therapy, Incidence, Peanut allergy, Chemistry, Partnership, CQD, Food allergy, SGI, Allergy, Quality of life, MCRI, Venture capital, IND, Drug development, New Drug Application, Pharmaceutical industry

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

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星期二, 一月 16, 2024
Rotary International, Incubator, Immigration, Network, Venture capital, Private, Growth, Global Citizen, Partner, Top, Due diligence, LBS, Business consultant, Organization, Marketing, DMD, Equity, EB-5, HNWI, Laurentian Bank of Canada, Investment, CIG, Real, Plant, Investment banking, Scotiabank, OTC, BMO, LBV, Clothing

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

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星期四, 一月 11, 2024
Venture capital, Heart, Infrastructure, Private equity, Real estate, Accounting

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

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星期二, 一月 9, 2024
Texas A&M University, CFO, Knowledge, Business administration, Mining, Harvard University, Venture capital, Compass, Energy, Growth

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.

Compass Mining Announces New CFO

Retrieved on: 
星期二, 一月 9, 2024
Texas A&M University, CFO, Knowledge, Business administration, Mining, Harvard University, Venture capital, Compass, Energy, Growth

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.

Germany Defense Industry Report 2023-2028: Trends, Budgets, Regulations, Acquisitions, Competitive Landscape and Modernization Strategies - ResearchAndMarkets.com

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星期四, 一月 4, 2024
Other Defense, Defense, Policy, Future Combat Air System, NGF, Social Capital (venture capital), GDP, Original equipment manufacturer, Gross domestic product, Venture capital, Government, Growth, Originality, Competitive landscape, Arms industry

The "Germany Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Germany Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants.
  • Germany defense budget: detailed analysis of Germany's 2023 defense budget broken down into market size and market share.
  • Competitive landscape and strategic insights: analysis of the competitive landscape of Germany's defense industry.