With funding becoming scarce, European startups are reportedly turning to convertible debt. These increasingly complicated deals are becoming more and more popular for venture capital (VC)-backed firms, Reuters reported Monday (March 18), though they do risk eventually giving investors greater control. As the report notes, companies were...
Startups had a rough 2023, with the value of venture investments hitting a four-year low. As Bloomberg News reported Thursday (Jan. 4), investors spent the last year funneling money into artificial intelligence (AI) firms, though other tech companies struggled. The report, citing data from PitchBook,...
Syrup has raised $17.5 million in a Series A round to expand its artificial intelligence (AI)-powered platform that helps brand optimize their inventory for omnichannel commerce. The firm will use the new funding to add to its engineering, product and sales teams and expand its platform,...
Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by British venture capital firm Atomico. Released Tuesday (Nov. 28), it projects funds raised by Europe’s tech startups will reach around...
April 17, 2023
Silicon Valley Bank (SVB) helped pioneer venture debt as a critical source of alternative financing. After its untimely failure, many market observers are beginning to wonder — will that source of capital suddenly become more difficult for startups? “Ultimately, whether Silicon Valley Bank fails or doesn’t fail, what was happening in the environment was a broader […]
March 22, 2023
Hindsight is always 20/20 — and, in the rearview mirror, the Silicon Valley Bank collapse was obvious to see. Big bank. Dominant player/big fish in a relatively small pond. That...
March 15, 2023
“Last weekend felt like the wild, wild West,” Charlie Youakim, CEO of payments startup and B Corp Sezzle, told PYMNTS CEO Karen Webster in a recent conversation. “SVB had been around...
December 23, 2022
After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that...
April 28, 2024
Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as soon as May, the Financial Times reported Sunday (April 28), citing sources familiar with the matter who say the funds will be invested in various sectors including defense, space, climate, […]
March 18, 2024
With funding becoming scarce, European startups are reportedly turning to convertible debt. These increasingly complicated deals are becoming more and more popular for venture capital (VC)-backed firms, Reuters reported Monday (March 18),...
January 04, 2024
Startups had a rough 2023, with the value of venture investments hitting a four-year low. As Bloomberg News reported Thursday (Jan. 4), investors spent the last year funneling money into...
December 01, 2023
Syrup has raised $17.5 million in a Series A round to expand its artificial intelligence (AI)-powered platform that helps brand optimize their inventory for omnichannel commerce. The firm will use the...
