By Evan Vitale
Here are a few of the venture capital stories making headlines this week:
Fortune.com is reporting that Bloomberg Beta, the early-stage venture capital arm of Bloomberg LP, today announced that it has closed its second fund with $75 million. That’s the same size as Bloomberg Beta’s debut fund, with all of the money again coming from the parent company. You can read the full story here: http://for.tn/2ah4Wih
In Europe, venture capital has regained some momentum in the second quarter, but is still down 22% from 2015, this coming from Venture Beat.
According to the latest report from Dow Jones VentureSource, during the three months ending in June, European companies raised $3.33 billion in 461 deals.
That’s up 18 percent from Q1 in terms of amount raised. And it represents an increase of 9 percent in the number of deals.
Catch up on all the details here: http://bit.ly/29PrSkE
Fast Company has an interesting article: “More Unicorns But Fewer Deals: The Current State of Venture Capital Funding.”
The only thing certain about the global economy is uncertainty. Thanks to political unrest, terrorist attacks, and the repercussions of Brexit, caution is the dominant mindset of investors in every market, according to the latest quarterly global report on venture capital trends published jointly by KPMG International and CB Insights.
You can read the full report here: http://bit.ly/2a5E7eD
Meanwhile, in Arizona, the Phoenix Business Journal is reporting that the state has enjoyed a big second quarter in venture capital deals.
A 34 percent increase in venture capital deals in Q2 2016 were reported by PwC and NVCA for Arizona. The new report finds five deals more than DowJones VentureSource reported.
