Venture Capital Blog

Today, Apera Asset Management LLP (Apera) and Kudu Investment Management, LLC (Kudu) announced that Kudu has made a minority investment in Apera through an Apera affiliate. Financial terms of the deal were not disclosed.

Panlin Capital, a leading venture capital firm specializing in Chinese technological innovation, recently announced the successful closing of its 12th RMB-denominated main fund, "Chengdu Panlin Xiangxu Fund". This is the first fund established by Panlin Capital in Chengdu, and it follows their Shanghai Science and Technology Innovation Flagship Fund.

Web3 vs. A.I.

Not surprisingly, In the first half of 2023 venture capital funding has decreased overall, with an 18% drop across all sectors. Cryptocurrency and blockchain startups, such as Web3, have been hit hard by the crypto winter, with VC funding for these companies dropping significantly.

Let's reflect on resilience. As the sun has set on another fiscal quarter, it's time to look back and take stock of the venture capital (VC) landscape over the last 90 days. Amidst an environment of rising and subsequently cooling inflation, which initially led to a stark decline in VC funding, five sectors have audaciously defied the odds. Fundz data shows these industries – Professional Services ($47.06 B), Financial Services ($46.57 B), Consumer Goods ($46.1 B), Artificial Intelligence ($14.16 B), and Energy ($4.51 B) – have showcased significant funding increases when compared to the 90 days prior, serving as bastions of hope in these challenging times.

From Konvoy Ventures' report on the gaming industry to Sapphire Ventures' commitment to invest over $1 billion in AI-related enterprise startups, there is a lot to unpack in the world of VC.