_<->1666358622988_Fu45k0rG8PAgFxLw.jpeg?w=96&q=75)
Team S
@newnexteam
·
10 hours
Defense tech funding has reached a new record in 2024, with startups in the sector raising nearly $3 billion, surpassing the previous high of $2.6 billion set in 2022. This milestone was achieved despite a decrease in the number of deals, with 85 rounds in 2024 compared to 113 in 2022.
Leading the charge was Anduril, a weapons manufacturer that secured a massive $1.5 billion Series F round in August. Other significant investments included Saronic Technologies, an autonomous m...
0
Team S
@newnexteam
·
18 hours
Lean Technologies, a Riyadh-based financial infrastructure provider, has successfully raised $67.5 million in a Series B funding round. This significant investment was led by General Catalyst, a prominent Silicon Valley venture capital firm known for backing high-growth technology companies.
• Total raised: $67.5 million in Series B
• Lead investor: General Catalyst
• Other participants: Bain Capital Ventures, Duquesne Family Office, Arbor Ventures, and Saudi Vent...
0
Team S
@newnexteam
·
19 hours
Former Formula 1 World Champion Nico Rosberg has achieved a significant breakthrough in his post-racing career. His investment company, Rosberg Ventures, recently crossed the $100 million threshold in assets under management.
• Rosberg Ventures created a 'fund of funds' in April 2024
• At least $5 million of the total comes from Rosberg's personal investment
• Rosberg invests through high-performing U.S. venture capital firms
Rosberg's approach in...
0
Team S
@newnexteam
·
3 days
BEK Ventures, formerly known as Earlybird Digital East, has announced the launch of its $250 million Fund III, aimed at investing in early-stage technology companies. The fund, which was oversubscribed three times, has attracted a diverse mix of investors including global financial institutions, insurance companies, funds of funds, corporate investors, family offices, and established entrepreneurs from the US and Europe.
With offices in London, New York, and Istanbul, BEK Ven...
0
Team S
@newnexteam
·
3 days
Firefly Aerospace, a space technology company based in Cedar Park, Texas, has achieved a significant milestone by reaching a valuation of over $1.5 billion in its latest funding round. The company, which specializes in developing small and medium-sized rockets for satellite launches, has successfully raised $300 million in new equity.
The funding round was led by Migdal Insurance, one of Israel's largest insurance companies and pension managers. This investment marks Migdal's...
0
Team S
@newnexteam
·
3 days
Writer, a full-stack generative AI platform for enterprises, has raised $200 million in a Series C funding round, valuing the company at $1.9 billion. The investment was co-led by Premji Invest, Radical Ventures, and existing investor ICONIQ Growth, with participation from several other prominent investors including Salesforce Ventures, Adobe Ventures, and Citi Ventures.
Founded in 2020, Writer has quickly established itself as a leader in enterprise generative AI. The compan...
0
Team S
@newnexteam
·
3 days
SwiftConnect, a Stamford, Connecticut-based company specializing in digital access management, has successfully closed a $37 million Series B financing round. The funding will be used to expand the company's access network, which connects people to the right places at the right time.
The investment round was led by Quadri Ventures, with participation from new investors including HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. Existing invest...
0
Team S
@newnexteam
·
3 days
Maki VC, a Nordic venture capital firm, has announced the launch of its third fund, Maki Fund III, with a size of €100 million. The new fund aims to support early-stage startups across the Nordics and Northern Europe, focusing on deep tech and brand-driven companies that have the potential to reshape industries.
Fund III is backed by experienced founders and operators from successful companies such as Skype, Wise, RELEX Solutions, WithSecure (formerly F-Secure), Aiven, and Su...
0
Team S
@newnexteam
·
3 days
Italian Venture Capital firm Italian Founders Fund (IFF) has announced the launch of its debut €50 million fund, targeting pre-seed and seed stage founders operating in Italy and abroad. The fund aims to complete 25 transactions over its investment period, with initial investments ranging from €500,000 to €1.5 million and the potential for up to €2.5 million in follow-on rounds.
Lorenzo Franzi, founding partner of IFF, emphasized the significance of this laun...
0
Team S
@newnexteam
·
3 days
Silicon Valley venture capital firm Altos Ventures has raised $500 million for its newest fund, marking its largest fundraising effort to date. The firm, known for its early investments in successful companies like Roblox, Coupang, PandaDoc, and Quizlet, has been operating for nearly three decades.
Altos Ventures manages over 15 funds across three vehicles, including those focused on U.S. and global companies, as well as a fund targeting South Korean startups. With this lates...
0
Team S
@newnexteam
·
3 days
The European Union’s ambition to lead in green tech and innovation has hit a wall with the troubles facing two of its most prominent startups: Northvolt, the battery manufacturing giant, and Lilium, the electric vertical take-off and landing (eVTOL) pioneer. Both companies have been hailed as symbols of Europe's technological progress, receiving substantial public funding and private investments. Yet, they are now grappling with financial crises that e...
0
Team S
@newnexteam
·
8 days
Razorpay, the prominent fintech company, has announced a strategic partnership with two of its major investors to support and invest in B2B startups. This collaborative effort aims to foster innovation and growth in the business-to-business sector.
The initiative will focus on identifying and nurturing promising B2B startups, leveraging Razorpay's expertise in the fintech space and the resources of its investor partners. While specific investment amounts were not disclosed, the program ...
0
Team S
@newnexteam
·
8 days
Donald Trump Jr., is joining venture capital firm 1789 Capital, which focuses on investing in conservative companies, according to three sources familiar with his plans.
-----
Donald Trump Jr., the eldest son of former U.S. President Donald Trump, is joining a new venture capital firm called 1789 Capital as a general partner. The firm, which is set to launch soon, aims to invest in companies that align with conservative political values...
0
Team S
@newnexteam
·
13 days
Financial advisers are increasingly hesitant to recommend private market investments to their clients due to the complex regulatory landscape, according to a recent study by Schroders. The survey, which included responses from 770 advisers across 18 countries, revealed that 39% of advisers cite regulatory challenges as the primary reason for avoiding private assets.
The study highlighted that 37% of advisers find it difficult to explain private market investments to their cli...
0
Team S
@newnexteam
·
13 days
A recent Bank of America survey has revealed that the UK and Spain are currently the most attractive investment destinations in Europe. The survey, conducted from July 5 to 11, gathered insights from 242 fund managers overseeing $632 billion in assets.
The UK's appeal has been bolstered by political stability following Labour's decisive victory in the July 4 general election, securing a majority of over 170 seats. This has led to a resurgence in popularity for UK stocks, with...
0
Team S
@newnexteam
·
13 days
Venture capital firms are increasingly turning to continuation funds as a means to provide liquidity to investors in a market where exits have been scarce. This trend is not limited to established U.S. firms but is also gaining traction in emerging markets.
Alex Branton, founder of London-based Nodem Capital, is pioneering this approach in what he calls "next wave" markets, including Emerging Europe, Turkey, Latin America, Southeast Asia, and India. Nodem aims to offer second...
0
Team S
@newnexteam
·
13 days
4impact Capital Closes €68M Second Fund for Impact Investing
- Fund size: €68 million
- First fund launched: 2019
- Investments made: 6 transformative ventures since first closing
Team:
- Pauline Wink: Founding Partner
- Ali Najafbagy: Founding Partner
Investment Strategy
1. Focus on early-stage digital and sustainability ventures
2. Target northwest Europe
3. Provide scalable solutions for global cha...
0
Team S
@newnexteam
·
13 days
Emerge VC Raises £56m for EdTech and Future of Work Startups
- Fund size: £56m (oversubscribed from £50m target)
- Previous fund: £16m in 2019
- Investment range: £500k-2m per startup
- Target: 25 to 27 startups
- Stake: 15% in startups
- Follow-on investments: 25% of fund reserved
- Geographic focus: 70% Europe and UK, 30% global
- Team: 6 employees, 110 venture partners
Investment Strategy
1. ...
0
Team S
@newnexteam
·
13 days
Munich-based 415 Capital Management GmbH has announced the launch of its second fund, 415 Capital Fund II, targeting €150 million ($165 million) to support breakthrough medical technologies. The fund will focus on innovations addressing cardiovascular and neurovascular diseases, which are leading causes of death and disability worldwide.
The fund has already secured commitments from prominent investors, including the European Investment Fund, KfW Capital, and Wachstumsfonds D...
0
Team S
@newnexteam
·
14 days
Web3 venture capital funding reached $5.4 billion in 2024, according to a report by Cointelegraph Research. This figure represents a 12.5% increase from the previous year's $4.8 billion. The report highlights that despite the overall decline in venture capital funding across all sectors, Web3 managed to secure a larger share of total VC investments, rising from 6.4% in 2023 to 7.2% in 2024.
The analysis reveals that infrastructure projects attracted the most funding, accounti...
0
Team S
@newnexteam
·
14 days
Faber, a Portuguese venture capital firm, has announced the first close of its third fund, Faber Tech III, raising $34 million. The firm is targeting a final close of €64 million for this new fund, which will focus on investing in early-stage deep tech startups across Southern Europe.
Faber Tech III will primarily invest in pre-seed and seed-stage startups, with initial investments ranging from €500,000 to €1.5 million. The fund plans to support 20 to 25 comp...
0
Team S
@newnexteam
·
14 days
Faber, a Portuguese venture capital firm, has announced the first close of its third fund, Faber Tech III, raising €34 million. The firm is targeting a final close of €64 million for this new fund, which will focus on investing in early-stage deep tech startups across Southern Europe.
Investment Strategy
Faber Tech III will primarily invest in pre-seed and seed-stage startups, with initial investments ranging from €500,000 to €1.5 million. The fund plans to s...
0
Team S
@newnexteam
·
14 days
The Future of EU Competitiveness report identifies three main barriers hindering Europe's progress:
1. Lack of focus: Despite articulating common objectives, the EU often fails to set clear priorities or follow through with coordinated policy actions.
2. Inefficient use of common resources: Large collective spending power is diluted across multiple national and EU instruments, reducing impact.
3. Insu...
0
Team S
@newnexteam
·
15 days
In the rapidly evolving landscape of software development, artificial intelligence has emerged as a game-changing force, particularly in the realm of coding assistance. As enterprises contemplate riding this AI wave, they face a complex set of considerations that go beyond mere productivity gains. A recent conference shed light on how organizations can effectively implement AI-powered coding tools while addressing key concerns and challenges.
At the heart of the enterprise ad...
0
Team S
@newnexteam
·
15 days
The United Kingdom is poised for substantial growth in its AI assurance market, with projections indicating a six-fold increase over the next decade. This expansion is expected to unlock more than £6.5 billion by 2035, aligning with the government's strategy to leverage AI for economic growth and public service reform.
Key points from the announcement:
1. The UK government is introducing new support measures for businesses to develop and use trustworthy AI pr...
0
Team S
@newnexteam
·
15 days
Digital Jersey is introducing the CXTech programme, a new initiative aimed at boosting business productivity and enhancing customer experiences through technological innovation.
- £500,000 available in grants
- Part of the Impact Jersey programme
- Funded by the Jersey government
- Third project launched under Impact Jersey
Objectives
- Support technological solutions for local businesses
- Improve productivity a...
0
Team S
@newnexteam
·
16 days
Shamrock Capital, a Los Angeles-based investment firm, has successfully raised $1.6 billion for two new funds, marking a significant milestone in the company's fundraising efforts.
The firm has allocated $1 billion to its Shamrock Capital Growth Fund VI, which focuses on buyouts and growth equity investments in media, entertainment, and communications sectors. This fund aims to make investments ranging from $25 million to $200 million in companies with enterprise values betwe...
0
1
Team S
@newnexteam
·
16 days
AI systems are becoming increasingly capable of designing and optimizing other AI models, a process known as "AI-invented AI" or "recursive AI improvement." This trend is expected to accelerate the pace of AI development significantly.
Several tech giants and startups are at the forefront of this technology:
- Google has developed an AI system that can create computer vision models surpassing human-designed ones.
- Microsoft is working on AI that can ge...
0
1
Team S
@newnexteam
·
21 days
Diwali, the Festival of Lights, celebrates the triumph of light over darkness and good over evil. May this Diwali bring renewed hope, prosperity, and happiness to you and your loved ones.
Happy Diwali to all! 🪔💫
0
1
Team S
@newnexteam
·
21 days
In the 2024 Budget, Chancellor Rachel Reeves has unveiled substantial changes to the Capital Gains Tax (CGT) structure, with notable implications for the private equity sector. The most significant alteration is the introduction of a new 32% single rate for carried interest, which affects approximately 3,100 individuals.
Carried interest, typically paid as a performance or incentive fee in private equity or hedge fund arrangements, was previously subject to CGT rates of 28% o...
0
1
