By Evan Vitale
Here’s some of the latest venture capital news being discussed and shared online:
According to the OC Register, Irvine, California is a quite the “mecca” in Orange County when it comes to winning venture capital funds. A recent report says Irving-based companies raised more money than any of the county’s other 33 cities combined.
The Register went on to say that during the first nine months of 2015, Irving-based companies raised nearly $278 million in venture capital. Newport Beach was next in line with $57 in venture capital funds raised. The report was released by Jones Lang LaSalle Research and PricewaterhouseCoopers MoneyTree.
You can read the full article here:
Recently, Indiegogo unveiled a new service that could “prove to be controversial among its core users by giving an edge to large corporations engaged in crowdfunding.”
In a blog post by the Wall Street Journal, “Goliaths have long since infiltrated crowdfunding sites, trotting out new products and promotional campaigns on platforms like Kickstarter and Indiegogo. But Indiegogo’s new Enterprise Crowdfunding service aims to help increase their chances of success on the platform.”
The blog post is here:
Monsanto Growth Ventures, the venture capital arm of the Monsanto Company announced for the first time its growing investment portfolio; nearly a dozen independent companies that are active in key areas of agricultural productivity, digital agriculture and biologicals.
StreetInsider.com has the news here:
From Bloomberg Business, growing peer-to-peer lending and online money transfer services helped raise a record $3.6 billion in venture capital funding for the UK technology sector last year.
The largest single investment in the industry was attracted by London-based small-business lending platform Funding Circle, which raised $150 million in April. London continues to have an expanding financial technology sector, which had a record year in 2015.
The full article is here: