| |
| In today's Daily Pitch, you'll find: | | | | | |
| |
| |
| VC's investor pullback in 4 charts | |  | | (Mike Hill/Getty Images) | | | Startups seemed to face a never-ending string of bad news in 2023: The collapse of Silicon Valley Bank and a frozen IPO environment were just two factors that propelled VC investors away.
Four charts from our latest PitchBook-NVCA Venture Monitor highlight the effects of this investor exodus. | | | | | | | | | Agricultural biologicals resist VC slowdown | | Amid the shift toward environmentally friendly farming practices, agricultural biologicals are in high demand, and VCs are taking note. These sustainable products enhance crop productivity, optimize soil health and reduce reliance on traditional chemicals.
Our latest analyst note unpacks the market for agricultural biologicals, a sector that logged nearly $1 billion in VC investment in 2023. | | | | | | | |
| |
| |
| 2024 PitchBook Media Kit released | | Volatility is on the rise, everywhere. Dealmakers are looking for insights, services and tools to navigate challenging, complex market environments—and you can help them. By partnering with PitchBook Media, you can reach over two million industry professionals spanning the C-suite to flagship GP offices. Customize a unique array of options from the brand-new 2024 PitchBook Media Kit, including: - Sponsorship of market-leading reports such as the PitchBook-NVCA Venture Monitor
- Placement in the most widely read industry newsletters such as the Weekend or Credit Pitch
- Sponsored columns to share your specific message or thought leadership
- Bespoke research options for unique, in-depth analysis
Talk to us | | | | | | | |
| |
| PE mega-deals boost exit value, but the road remains rocky | |  | | (Alan Thornton/Getty Images) | | | At face value, European PE exit value held up well last year, almost staying flat compared to 2022.
But dig beneath the surface and it's clear that several notable mega-deals—including Arm's IPO— have significantly boosted the total, with 2024 looking likely to be another lumpy year for exits overall. | | | | | | | | | India defies global IPO slowdown | |  | A sub-broker makes flower offerings before a bull statue outside the Bombay Stock Exchange in Mumbai.
(Indranil Mukherjee/Getty Images) | | | While IPOs remained in the doldrums for the US and much of Europe, India's exchanges experienced a standout year for stock market debuts.
With much of the action picking up in Q4, new offerings are expected to maintain momentum in the coming months, offering private market investors some much-needed liquidity. | | | | | | | | | Taking ridehailing to the next level | | Just as ridehailing companies turned the mobility tech industry on its head in the 2010s, innovations to minimize jet fuel's carbon footprint and maximize EV battery effectiveness are set to boom as the world moves away from fossil fuels.
Along the way, we'll see self-driving startups zero in on trucking and rail use and an EV export tsunami from China, according to our recent Mobility Tech Overview, which dives into what's ahead for 11 sectors. | | | | | | | |
| |
| |
| | Since yesterday, the PitchBook Platform added: | | 5 Deals | 21 People | 21 Companies | | | | | | |
| |
The Daily Benchmark:
2017 Vintage Non-US PE Funds | | | | | | |
| |
| |
| |
OpenAI CEO Sam Altman is seeking to raise billions from investors to create a network of factories for AI-specific semiconductors, Bloomberg reported.
Swiss longevity startup Timeline has received a $66 million Series D led by L'Oreal corporate venture arm Bold.
San Diego-based biotech startup Tr1X has raised a $75 million Series A led by The Column Group.
MyRealTrip, which is based in Seoul and offers an online travel platform, has received a $56.7 million Series F led by BlueRun Ventures and IMM Investment.
France's Flowdesk has secured a $50 million Series B led by Cathay Innovation for its digital asset trading platform.
Kiln has raised $17 million in a round led by 1Kx. The Paris-based company has an enterprise-grade staking platform.
Toronto-based generative AI startup Cohere is in talks to raise up to $1 billion in new funding, the Financial Times reported.
Farm-ng, which designs autonomous robots for farming, has raised a $10 million Series A led by Acre Venture Partners.
Supply chain security software startup Kusari has raised an $8 million pre-seed and seed round co-led by J2 Ventures and Glasswing Ventures. | | | | | |
| |
| Don't miss our upcoming webinar | | Given the strong public equities rebound back to 2021 highs, investors are wondering when PE will demonstrate similar results. Returns were uncharacteristically low in 2023, and deal activity ran at half speed.
In this webinar, our analysts will examine recent trends and look ahead to explore if this is the end of an era or a pause that will eventually revive the market. Key topics include: - How PE can kickstart the exit engine and return money to investors.
- The effects of "higher for longer" interest rates.
- How technology and healthcare are set up for PE outperformance.
Register now to secure your spot. | | | | | | | |
| |
| |
| |
| |
| |
| Kaspi.kz, a Kazakhstan-based mobile app company backed by Asia Equity Partners, has raised just over $1 billion in its US IPO. Investors sold 11.3 million American depositary shares at $92 apiece. | | | | | |
| |
| |
| |
| |
| |
| |
| |
No comments:
Post a Comment