<p>The venture capital community started 2017 with several star deals in January. Most exciting of all is Singaporean sovereign wealth fund Temasek’s $800 million investment in Verily Life Sciences, a spin-off of Alphabet that focuses on life science research. Chinese bike-sharing startup Mobike, after raising $100 million from Warburg Pincus and Hillhouse in September, scored another $210 million funding round led by Tencent Holdings.</p>
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news from this week. Here are the stories you may have missed:
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news over the Thanksgiving holiday. Here are the stories you may have missed:
<span style="line-height: 20.8px;">This is the second largest exit for Accel Partners under the company’s co-founder and CEO Marc Lore, who previously founded Quidsi and later sold it to Amazon for $545 million in 2010. Accel Partners was invested in Jet.com’s Series A round and Quidsi’s Series C and E rounds, in addition to debt financing.</span><br style="line-height: 20.8px;" /> <span style="line-height: 20.8px;"> </span>
To help support the next generation of European entrepreneurs, today Google Ventures is launching a new venture fund, with initial funding of $100 million. Our goal is simple: we want to invest in the best ideas from the best European entrepreneurs, and help them bring those ideas to life.