News & Analysis as of

Investment Venture Capital

Blake, Cassels & Graydon LLP

Mécanisme à deux volets : Maximiser la valeur en gardant une certaine souplesse dans les opérations de F&A et de financement

Les fluctuations des marchés de fusions et acquisitions (« F&A ») et du financement au cours des dernières années, particulièrement dans le secteur des entreprises émergentes et du capital de risque, ont fait ressortir...more

Morgan Lewis

Corporate Venture Capital Survey: Q2 2024

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Corporate Venture Capital (CVC) slowed to its lowest share of total VC deals since 2014 in the second quarter of 2024. Only 23.3% of deals that were completed include a CVC investor in Q2. Pitchbook data shows that just over...more

Davis Wright Tremaine LLP

Food Venture Financing News - Weekly Issue No. 209

Duckhorn Portfolio, a luxury wine company, announced that it was being acquired by Butterfly Equity, a Los Angeles-based private equity firm, for $1.95 billion in a cash transaction. Moët Hennessy, the luxury wine and...more

DarrowEverett LLP

The Power of Preferred Stock: A Primer for VC, PE, and Founders

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Preferred stock is a key financing instrument in the world of private equity (PE) and venture capital (VC), frequently used to balance the interests of investors and founders. Issued by corporations, preferred stock confers...more

Wilson Sonsini Goodrich & Rosati

“Trust Me, It’s Good…” Transatlantic Legal Opinion Practice in Venture Capital

A common feature of U.S. venture capital deals is the provision of an opinion of counsel regarding certain key matters before investors will close a financing round. These opinions are part of an investor’s due diligence...more

Blake, Cassels & Graydon LLP

“Dual Track” Process: Maintaining Transaction Flexibility to Optimize Value

The ups and downs of the M&A and financing markets over the past few years, particularly in the emerging companies (EC) and venture capital (VC) sector, have demonstrated the importance of emerging companies and their...more

Foley & Lardner LLP

The Next Frontier for Artificial Intelligence in 2025

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Everyone is closely watching developments in the artificial intelligence (AI) space in terms of advancements, regulations, and investment. As we go to print on this post, SoftBank’s Vision Fund has just announced its...more

Proskauer - Private Market Talks Podcast

[Podcast] Private Market Talks: Pacing Growth and Maintaining Discipline with Wellington Management’s Shanna O’Reilly

Welcome to Season 4 of Private Market Talks! In our newest episode, we are joined by Shanna O’Reilly, co-head of Private Investments at Wellington Management, one of the world’s largest investment managers. Shanna helped...more

White & Case LLP

Tepid UK & European private capital markets spur unicorns into inorganic opportunities

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3 reasons for continuously high fintech M&A activity levels: Banks target indirect digital access: Through credit lines, investments in venture capital funds, collaborations with innovators and establishment of next...more

White & Case LLP

Sector trends - September 2024: Payments

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Equity and debt cheques from financial sponsors fuel growth, with investment committee appetite across the full spectrum from Seed through to late stage / pre-IPO. The payments sector bucks the trend on IPOs. Current...more

Pillsbury Winthrop Shaw Pittman LLP

Venture Capital Fund Manager Considerations for Accepting SSBCI-Related Capital Commitments

The U.S. Treasury Department’s SSBCI program provides a potentially significant source of capital for venture capital fund managers. In particular, venture capital funds focused on targeted geographies may find SSBCI...more

Patterson Belknap Webb & Tyler LLP

Cross-Border Issues for Founders with U.S. Companies

We encounter many founders who have based their enterprises in the U.S., but who are not U.S. citizens or permanent residents, or who may have other significant cross-border ties such as close family living outside the U.S....more

Wilson Sonsini Goodrich & Rosati

“You Promised What?!” Warranties and Disclosure in the UK and the U.S.

Determining “certainty of asset” is a key element of any investment. When an investor takes a minority position as it does in a typical venture or growth capital investment, the approach to ascertaining certainty differs...more

Ankura

Political Nexus in Indian Startups: Essential Checks for Investors

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As the Indian startup ecosystem continues to thrive, attracting substantial investments from around the globe, investors are increasingly eyeing opportunities within this burgeoning market. However, investing in Indian...more

Kramer Levin Naftalis & Frankel LLP

H1 Fundraising Review

Overall, the first half of 2024 was challenging for fundraising across the private fund market to varying degrees among private debt, private equity (PE) and venture capital (VC). The first half of 2024 saw a variety of...more

Foley Hoag LLP - Energy & Climate Counsel

Catalyzing Action: How Catalytic Capital Can Help Unlock Trillions in Climate Investment

Last month, after a meeting with the G20 financing ministers, U.S. Treasury Secretary Janet Yellen announced that US$3 trillion of additive capital investment will be necessary each year (above and beyond business as usual)...more

Mintz Edge

VC Funds Warehousing Investments: Traps for the Unwary

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One of the challenges facing venture capital firms is how to handle investments in portfolio companies prior to the initial close (“Initial Close”) of a new fund (“New Fund”). Typically, the investment advisor (“VC Advisor”),...more

Mintz Edge

Tech Funding, IPOs are Less Frequent in 2024

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SAN DIEGO COUNTY – The number of venture capital dollars flowing to Greater San Diego technology companies is becoming less frequent in 2024, a trend mirroring national investment activity that appears to favor bigger bets at...more

Foley & Lardner LLP

A Rebound for Fintech Investment

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Venture Capital investment in retail fintech rebounded in Q2, according to a new report from PitchBook. Their Q2 2024 Retail Fintech Report shows deal value for this sector coming in at $4.5 billion for the quarter, an...more

Cooley LLP

Q2 2024 Venture Financing Report – Interview With Laura Tadvalkar

Cooley LLP on

​ Key insights from Laura Tadvalkar - On recent advancements toward human health: “We’re seeing the incredible impact of GLP-1 drugs not only for weight loss and diabetes, but across multiple disease areas, including...more

Mayer Brown

The Intersection of NAV and Margin Loans: Single Asset and Concentrated Asset Pools

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Executive Summary - Over the last several years, a need has arisen in the fund finance market, which caters to private equity, venture capital, family offices, and other investment funds (“Funds”) and their sponsors, for...more

DLA Piper

Venture Capital Funds: 3(c)(1) Funds vs. 3(c)(7) Funds

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Provided that they meet certain criteria, venture capital funds are not required to be registered as an “investment company” by the U.S. Securities and Exchange Commission (the “SEC”) under the Investment Company Act of 1940...more

Mayer Brown Free Writings + Perspectives

Founder Friendly Funding: The State of the Venture Markets

Based on data in Carta’s recently published State of the Markets report, the venture markets have experienced a slight uptick in number of deals and in dollars raised quarter-over-quarter. Companies on Carta’s platform...more

Farrell Fritz, P.C.

Planting Seeds:  New Standard Convertible Note Could Disrupt Angel Investing

Farrell Fritz, P.C. on

In the world of early stage investing, there exists a range of structures from the most founder friendly to the most investor friendly.  The most investor-friendly structure involves some type of a priced round in which...more

Freeman Law

Startup Funding: Using Convertible Notes and SAFEs to Bridge the Valuation Gap Between Early Investors and Founders

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Many startup projects begin with small investments from founders and friends or family who believe in the founders’ plan, product, or idea. As startups further develop their business offering and concept, they often require...more

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