Venture

Matrix Partners India has extended the target size for its current fund to $525 million, from the $450 million it disclosed earlier, joining a burgeoning roster of venture capital funds intending to deploy in excess of half a billion dollars for new investment initiatives in the South Asian market.

Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last year and has so far secured commitments of just $36.4 million. The firm separately had to scrap plans to raise a SPAC late last month.  Foun

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It wasn’t a surprise to learn that former scooter unicorn Bird is pursuing a reverse stock split. The company isn't treading new ground here — it isn’t the only tech firm that has IPO’d in the past couple of years to consolidate its equity in hopes of keeping its share price

Radiator Labs, a company born to solve steam radiator night sweats (an all–too–common problem in cities such as New York), is expanding beyond smart radiator covers with $30 million in fresh funds. The firm also announced a new name, Kelvin. Climate tech-focused investor 2150 led Kel

Obie, a real estate-focused insurance technology company, has raised $25.5 million in a funding round led by Battery Ventures. Since the company's last raise — a $10.4 million Series A — nearly two years ago, the startup says it has gone from securing insurance for over $3 billion w

European early-stage investor Seedcamp has announced the close of its $180 million “Fund VI.” It's a long way from a London university lecture hall 15 years ago in September, when founding partner and co-CEO Reshma Sohoni stood up and introduced the first Seedcamp cohort. (Incidentally, thi

Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in as little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Mon

Operator experience has become critical in venture capital over the last few years. Pure-play financial VCs are falling out of favor with startups compared to investors who bring building experience alongside their cash. But not all operating backgrounds are equally helpful. If a VC has experience

Blackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS Software to Apax for $450 million, the three said Monday, the latest in a series of late-stage deal activities among IPO-ready firms. IBS Software offers a range of software solutions to airlines, logisti

Smart, a London-based startup that helps employers and their employees manage and monitor their pensions, said that it has closed $95 million in Series E funding. It plans to use the capital to expand its international footprint and make acquisitions, it said. Aquiline Capital Partners, a new backe

Mergers and acquisitions (M&A) have long been a driving force for companies seeking exponential growth, gaining market share and creating shareholder value. History has shown that well-executed M&A strategies can be transformative and yield impressive results. For instance, Disney’s a

SoftBank Vision Fund lost $32 billion in the financial year ending March as the Japanese investment giant, the most prolific global investor in tech startups, continues to suffer from valuation corrections across its portfolio of private and public tech companies amid a weakening global economy. Th

Most U.S.-based tech investors are likely familiar with smaller-ticket investor marketplaces AngelList and Carta. In Europe, Germany's Bunch and the U.K.'s Vauban (acquired by by U.S.-based Carta last year) have attempted to do similar job. But the backstory to this is that although launchi