News > Venture Capital

These Are the Unicorns Pulling in the Most Cash
Venture Capital
In light of WeWork’s monstrous $4.4 billion funding round and the release of our annual Unicorn Report, we’ve put together a ranking of current US-based VC-backed unicorns by capital raised in the last 18 months. In that time frame, the top three companies, Uber, WeWork and Airbnb—which are, unsurprisingly, the three most valuable startups in the US—have procured the lion’s
The 7 Most Active VC Investors in US Healthtech
Venture Capital
Outcome Health—one of the most highly valued healthtech startups, per the PitchBook Platform—has added Nandini Ramani to its team. Ramani, former VP of engineering at Twitter, has joined the health intelligence platform as its chief engineering officer. Outcome uses digital technology such as touchscreen tablets to streamline communication between doctors and patients. DarkoStojanovic / PixabayThe year is shaping up to
Bill Gates and Richard Branson Are Investing in a Meat Science Startup
Venture Capital
Bill Gates and Richard Branson are joining a group of investors pouring money into a startup that produces chicken, beef and duck straight from animal cells without raising or slaughtering livestock, Bloomberg reports. The company, called Memphis Meats - which is, uh, based in San Francisco - said in a statement that it has raised $17 million in its Series
The 8 Most Active VC Investors in US IoT
Venture Capital
Losant, the provider of a platform designed to help developers build products for connected devices, has secured $4.5 million in one of the latest venture capital fundings for a US-based IoT business. geralt / PixabaySince the beginning of 2012, 920 VC investors have participated in at least one of 674 deals for US-based IoT companies, according to the PitchBook Platform.
Coin Offerings to Dwarf VC Investment in Blockchain
Venture Capital
This article was based on PitchBook’s recent fintech analyst note on ICOs from analyst Evan B. Morris. In the future, the on-demand economy could run entirely via custom blockchain applications. Uber, rather than relying on venture capital, could issue an initial coin offering (ICO) or token sale that buyers could use to hail rides, allowing drivers to then mine the tokens by accepting them.
Uber Investor Has Sued Former CEO Travis Kalanick
Venture Capital
Benchmark Capital, an early investor in Uber, has sued former CEO Travis Kalanick for breach of contract and breach of fiduciary duty, Axios reports. The venture capital firm filed its lawsuit in Delaware Chancery Court on Thursday. Axios notes that Benchmark has a seat on Uber's board and led the "shareholder revolt" that led to Kalanick's ouster in June. Per Axios:
Venture Financing Activity Hits Records
Venture Capital
venture financing activity is now at an all time record, but is that good or bad? Last week, Fintech start-up Bread announced that it had raised $126 million to help finance its growth and reach more customers. Bread offers white label financing services to help consumers afford big-ticket purchases online, such as mattresses or home appliances. The company’s fundraising will
Peter Thiel Sounds a Little Less Confident About Trump
Venture Capital
Peter Thiel - the PayPal co-founder, Facebook investor and destroyer of Gawker Media - was an early and vocal supporter of Donald Trump's presidency, earning him both a role as political outlier in the left-leaning Silicon Valley and keynote speaker at the Republican National Convention. However, while Thiel remains publicly supportive of President Trump, he's reportedly becoming a little less confident
China's Unicorns: 7 Months, 10 Startups, $27.6B in Valuations
Venture Capital
Ten Chinese companies with venture capital backing have become unicorns this year, per PitchBook data, some racing past the initial $1 billion mark and generating valuations as large as $12 billion in what seemed like a blink of an eye (looking at you Toutiao). Bikesharing startups Mobike and Ofo have pulled in $2 billion this year alone, with the latter
The 7 Most Active Seed Investors in the US
Venture Capital
Investor activity in US seed rounds has been on a steady decline since 2014’s peak of nearly 1,600 deals. This year is on pace to experience another drop, with 793 VC investors having participated in at least one of the 591 seed rounds completed in the US so far in 2017, per the PitchBook Platform. Hayden Capital 2Q17 Letter: The