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Your Techstars Venture Capital Weekly Digest is here! (Issue #49)

Issue #49 — View online — Suggest a link
Venture Capital

Trends in venture capital, newly launched VC Funds, Spotlight on VC Diversity and insights from VC's about raising money and building startups.

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News in Venture Capital (VC investments fuels America recovery, Quantifying Mindshare in VC, Structuring a CVC Fund, VC & Europe/Africa/Michigan), Spotlight on Diversity (Highlighting Notable Funding To Black Founders In 2020), Fundraising/Building Tips for Entrepreneurs (Understanding convertible debt), and Updates on newly launched funds across the world (Thrive Capital $2B Fund, Eniac Ventures $125M Fund, Avid Ventures $68M Fund, Ironspring Ventures $61M Fund, Nationwide $350M Fund, Boreal Ventures $26M Fund, Atelier Ventures $13M Fund, Construct Capital $140M Fund, Sagard $725M Healthcare Royalty Fund).
Venture Capital firm news: Submit for consideration for this column please send it to @VCStartupDigest or email me at sergio@startupdigestmail.com
Get access to the full database of VC digests, plus share with others. We want to increase our wide membership base of VC’s, Angels, Entrepreneurs, Executives and Operators: https://venture-capital.startupdigest.com/
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VC News
Quantifying Mindshare in Venture Capital: Media and PR Activity of VCs
Venture Capital Fuels America’s Recovery: Infographic - National Venture Capital Association - NVCA
Where are the 'most powerful' European Venture Capital Funds?
How African startups raised in 2020
5 VCs on the future of Michigan’s startup ecosystem
Structuring a CVC: embrace fast decision-making - Corporate Venturing: News, Data, and Events - Global Corporate Venturing
Spotlight on Diversity
Highlighting Notable Funding To Black Founders In 2020
Black And Female Founders Land 30% Of The Largest US Early Stage Rounds In 2021
Building/Fundraising Tips for Entrepreneurs
Understanding convertible debt and how it affects your cap table
Newly Launched Venture Capital Funds
  1. Thrive Capital has raised $2 billion for Thrive VII, bringing the firm’s total assets under management to $9 billion. The latest investment vehicle will consist of two funds, with $500 million earmarked for early-stage investments and $1.5 billion going toward a late-stage fund.
  2. Eniac Ventures, a seed firm with a focus on New York startups, is announcing its fifth fund totaling $125 million. The larger funds allow Eniac to make more investments, and to lead rounds even as the definition of a seed deal has expanded.
  3. Addie Lerner and Tali Vogelstein have started Avid Ventures, a new venture capital fund for fintech, software, and consumer internet startups. The pair raised an initial $68 million with the aim of being high-touch investors who put money into diverse early-stage companies and accelerate their growth. It took about 10 months to raise the fund — all during the pandemic.
  4. With Ironspring Ventures, Texas gets a $61 million new fund focused on ‘industrial’ technologies. The firm’s average check size is around $2.5 million and investments will range from $1 million on the low end to $4 million on the high end, according to the firm’s partners. That means looking for what the firm called “post-seed” deals.
  5. Columbus, Ohio-based diversified insurance and financial services company Nationwide is expanding its venture capital investment fund to $350m
  6. Boreal Ventures launches $26 million fund investing in Québec’s early-stage deep tech startups
  7. Atelier Ventures wants to bring more influencers and creators into venture capital with $13M debut fund
  8. Construct Capital, a former NEA partner and a former Uber exec just closed their $140 million debut VC fund 
  9. Sagard Healthcare Royalty Partners closes $725 million first fund. SHRP invests in approved and commercialized biopharmaceutical products, diagnostics, and medical devices globally. The Fund also provides financing to commercial-stage biopharmaceutical companies and seeks investment opportunities in assets protected by strong intellectual property.
Techstars Startup Digest Venture Capital is curated by:
Sergio A. Escobar Sergio A. Escobar - Canadian🇨🇦 Seed/Series A Corporate & Family Office Venture Capitalist | Pre-Seed/Seed Accelerator MD | Investing across US/Canada/Israel | Twitter: @SergiusEscobar
sergio.escobar@startupdigestmail.com
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