Legend Capital Leads Angel Round In Chinese 5g Information Technology Start-up - China Money Network
Chinese venture capital firm Legend Capital has led a nearly RMB100 million (US$14.46 million) angel round financing in a Chinese 5G information technology start-up, according to a statement released on Legend Capital's WeChat official account on Wednesday. Other investors including Chinese private equity firm China Broadband Capital, Broad Vision Funds, and venture capital firm Eastern [...] Legend Capital Leads Angel Round In Chinese 5G Information Technology Start-up comes originally from China Money Network. All Rights Reserved.
Presidio, a provider of information technology services, priced its initial public offering late Thursday at the low end of its expected range, showing subdued investor reaction toward the tech unicorn following the IPO of Snapchat operator Snap.
Viktor Prokopenya's VP Capital And The Gutseriev Family's Larnabel Ventures Announce $5M Investment In Banuba
Larnabel Ventures, a fund founded by the Gutseriev family to invest in the information technology sector, and VP Capital, a technology-focused investment vehicle founded by Viktor Prokopenya, today announced that they have made a <span class="xn-money">$5 million</span> investment in Banuba, a startup that develops technologies for augmented reality-enabled mobile applications.
Hedge fund managers jumped on the Trump train in the last three months of 2016, boosting their stakes in financial companies and reducing their holdings in technology firms. Financial institutions have risen 22 percent since Donald Trump won the U.S. presidential election on Nov. 8, on optimism that his administration will reduce regulations, cut taxes and spur deal making. Shares of Goldman Sachs Group Inc. hit a record high Tuesday. Technology shares, meanwhile have risen just 9.3 percent since the election, as measured by the S&P 500 Information Technology Index, about the same as the overall market. The biggest new...
The White House announced today new and expanded plans to improve diversity and inclusion within the startup economy, focused on higher education, investment and entrepreneurship.
Paul Singer’s activist investor Elliott Management has revealed a stake of more than 4% in information technology company Cognizant Technology Solutions, saying in a letter to management that it believes the firm’s intrinsic value is at least 50% higher than its current market capitalization and laying out a series of recommendations to get it there.read more
Despite a decline in information technology budgets, the venture capital firm Andreessen Horowitz is looking to fund new startups in enterprise computing and software.
Institutional investors can learn more at: fcvcadvisors.com In July 2012, FundersClub launched the world's first online venture capital platform. Our mission? Discover, fund, and support the world's top startups. We are thrilled to share our community's story...
As private equity activity in the U.S. has slackened, every sector has experienced a decline in overall volume of investments, barring one. Only information technology is seeing a rate of PE dealmaking comparable to that of last year.
The University of Michigan’s $10 billion endowment added to its investments in venture capital, private equity and real estate as it struggles to recover from losses. Michigan invested $177 million in commitments mostly to the private funds, with $45 million going to two energy pools, according to the Board of Regents agenda for its meeting Thursday. The marketable securities portfolio, which makes up 58 percent of the endowment, lost 2.7 percent in the fiscal year through May 31. Many schools say they are expecting negative returns in fiscal 2016 after the slowdown in China and the U.K.’s decision to leave the European Union stirred market turmoil. Michigan’s absolute return portfolio was down 4.1 percent through May 31, and equities, which comprise its largest allocation at 26 percent, fell 5.4 percent.