Softbank Group executives are considering a smaller venture capital fund before raising money for Softbank Vision Fund 2.
Venture capital firms invested $136.5 billion in U.S. companies last year, down from $140.2 billion in 2018, a quarterly report shows.
Venture capital firms invested $28.2 billion in 2,265 transactions in the third quarter, continuing the 2019 trend of declining deal flow.
Venture capital funds are exiting unicorns, which is good news for funds that invested early and fundraising of any unicorn-touched fund.
Fundraising momentum and a regulatory push from the European Commission are fueling the venture capital ecosystem in Europe.
Damien Steel was named CEO of OMERS Ventures, replacing founder John Ruffolo.
Ashby Monk has been hired as an adviser to San Jose CIO Prabhu Palani to help develop a venture capital program.
Katie Haun was named the first female general partner at venture capital giant Andreessen Horowitz.
Mubadala Investment Co. and a Greek venture capital fund-of-funds business will create a €400 million co-investment platform to invest in Greece.
Matt Horten and Kevin Moore joined venture capital fund-of-funds firm Spur Capital Partners as partners.
Revolution Ventures closed a venture capital fund with commitments from a who's who list of money managers and entrepreneurs.
Venture capital firms invested $19 billion in 1,206 U.S. portfolio companies in the quarter ended Sept. 30.