Largest Venture Capital Deals and Exits; Deals by Value and Stage

Total Page:16

File Type:pdf, Size:1020Kb

Largest Venture Capital Deals and Exits; Deals by Value and Stage The Preqin Quarterly: Private Equity, Q3 2012 This report is an excerpt from: Preqin Quarterly: Private Equity, Q3 2012. To download the full report please visit: https://www.preqin.com/docs/quarterly/PE/Private_Equity_Quarterly_Q3_2012.pdf Largest Venture Capital Deals and Exits; Deals by Value and Stage Fig. 42: Average Value of Venture Capital Deals by Stage, Fig. 43: Proportion of Number and Aggregate Value of Venture 2010 - 2012 YTD Capital Deals by Industry, Q3 2012 45 30% 28% 40 25% 35 21% 22% 30 20% 18% 25 17% 16% 15% 20 12% 15 10% 8% 8% 7% 6% 10 5% Average Deal Size ($mn) Average 5% 4% 4% 5% 4% 3% 5 2% 3% 3% 2% 2% 0 0% Other Seed Debt Angel/ Angel/ Disc. Venture Other IT Internet Business Series B/ Series Round 2 Services Round 1 Round 3 Series A/ Series Series C/ Series Growth Round 4 Round Series D/ Series Capital/ Related Telecoms and Later Industrials Semic. & & Semic. Expansion Consumer Electronics Cleantech Software & Healthcare Unspecified 2009 2010 2011 2012 YTD No. of Deals Aggregate Value of Deals Source: Preqin Venture Deals Analyst Source: Preqin Venture Deals Analyst Fig. 44: 10 Largest Venture Capital Deals, Q3 2012 Deal Size Name Date Stage Investors Primary Industry Location (mn) Square Sep-12 Series D/Round 4 200 USD Citi Ventures, Rizvi Traverse Management, Starbucks Mobile Payments US Flipkart Aug-12 Series D/Round 4 150 USD Accel Partners, Iconiq Capital, Naspers, Tiger Global Management Internet India Bessemer Venture Partners, Draper Fisher Jurvetson, General Growth Capital/ Box.net, Inc. Jul-12 125 USD Atlantic, New Enterprise Associates, SAP Ventures, Scale Venture Cloud Computing US Expansion Partners, The Social+Capital Partnership Andreessen Horowitz, Atomico, Baroda Ventures, DOCOMO Fab.com Jul-12 Series C/Round 3 105 USD Capital, First Round Capital, Mayfi eld Fund, Menlo Ventures, Internet US Pinnacle Ventures, ru-Net Ltd. Elevance Renewable Jul-12 Series E/Round 5 104 USD Genting Genomics Limited, Total Energy Ventures Chemicals US Sciences, Inc. CureVac Sep-12 Series D/Round 4 80 EUR dievini Hopp BioTech holding GmbH & Co. KG Pharmaceuticals Germany Fisker Automotive, Unspecifi ed Sep-12 104 USD - Clean Technology US Inc. Round GitHub Inc. Jul-12 Series A/Round 1 100 USD Andreessen Horowitz Software US Unspecifi ed Agentschap NL, DEMCON, Hoving & Partners, Parcom Capital, Mapper Lithography Aug-12 80 EUR Semiconductors Netherlands Round RUSNANO, Technolution Unspecifi ed Desire2Learn Sep-12 80 USD New Enterprise Associates, OMERS Ventures Software Canada Round Source: Preqin Venture Deals Analyst Fig. 45: Five Notable Venture Capital Exits, Q3 2012 Total Known Exit Name Date of First Investors (Entry) Funding Exit Exit Acquirer (Exit) Value Primary Industry Location Investment (mn) Type Date ($mn) Andreessen Horowitz, Lightspeed Venture Trade Nicira Networks Jun-09 Partners, New Enterprise Associates 40 USD Sale Jul-12 VMware 1260 Network US Merchant Trade Business e-Solutions, Inc. Mar-00 3i, Trident Capital 7 USD Sale Jul-12 Cielo S.A. 670 Services US Elevation Canaan Partners, Care Capital, Mesa Sunovion Pharmaceuticals, Jan-10 Verde Venture Partners, Novo Ventures, 77 USD Trade Aug-12 Pharmaceuticals 430 Pharmaceuticals US Inc. TPG Biotech Sale Inc. Generation Investment Management, AgraQuest, Inc. Dec-07 Loudwater Investment Partners, Otter 38 USD Trade Jul-12 Bayer 425 Chemicals US Capital Sale CropScience AG Peter Thiel, Founders Fund, Accel Partners, DST Global, Elevation Partners, Firsthand Technology Value Fund, General Atlantic, Goldman Sachs, Facebook* Sep-04 Greylock Partners, GSV Capital, Hercules 2,617 USD Stock Aug-12 - 395.8 Internet US Technology Growth Capital, Meritech Sale Capital Partners, Microsoft, T Rowe Price, The Founders Fund Management, TriplePoint Capital *Denotes a partial exit. Source: Preqin Venture Deals Analyst 21 © 2012 Preqin Ltd. / www.preqin.com.
Recommended publications
  • Philadelphia Investment Trends Report
    Venture impact Technology investment in the Greater Philadelphia region Trends and highlights, January 2008 to June 2013 Innovation, investment and opportunity On behalf of EY, Ben Franklin Technology Partners of Southeastern Pennsylvania and the Greater Philadelphia Alliance for Capital and Technologies (PACT), we are pleased to present this review 421 companies of technology investment trends and highlights in the Greater Philadelphia region. $4.1 billion The technology investment community in the Greater Philadelphia region includes a wide variety of funding sources supporting a diverse array of companies and industry sectors. In this report, Total investment since we’ve analyzed more than a thousand investment rounds and January 2008 exits that occurred in the Philadelphia region since 2008 – including investments from venture capital fi rms (VCs), angel investors (Angels), corporate/strategic investors, seed funds, accelerators and other sources of funding. As shown in this report, 2012 reversed a post-recession slowdown in venture funding in Greater Philadelphia, and to date, 2013 has brought a welcome increase in the amount of new funds available at regional investment fi rms. These are positive signs for our region’s technology companies, as are the increasing number of exits via IPO and acquisition, which serve as further validation of the investment opportunities created by our region’s growing technology sector. We encourage you to explore this report, and we hope that it will provide useful insights into the current state of
    [Show full text]
  • Services & Offerings
    STAG DINING 2020 SERVICES & OFFERINGS Meal Kits - Pantry Provisions - Natural Wine - Gifting - Cocktail Kits & Classes - Event Space - Crenn Farm 1 LETTER FROM STAG 4 STAG DINING GROUP STAG OVERVIEW MEAL KITS & OFFERINGS 8 NATURAL WINES 10 COCKTAIL KITS & CLASSES 12 WINEMAKING PARTNERS 16 CRENN & STAG 18 OUR VENUE 22 CLIENTS 27 TEAM 28 CONTACT 32 STAG DINING GROUP 925 O'Farrell St San Francisco, CA 94109 (415) 944-2065 [email protected] www.stagdining.com DERBY COCKTAIL CO www.derbycocktail.co CERF CLUB www.cerfclub.com © 2020 Stag Dining Group Select Photography by David Dines, dines.co 2 3 WITH A DECADE OF EXPERIENCE IN HOSPITALITY, WE HAVE NEVER SEEN A CHALLENGE THAT FACES US QUITE LIKE THE ONE POSED BY COVID-19. With virtually every restaurant worker out of a job, and traditional supply chains for food, wine and spirits broken, we have been UPDATED OFFERINGS seeking opportunities to mend those bonds in pragmatic ways while continuing to serve our customers. Our revised offerings are an attempt to help our clients engage their stakeholders, employees MEAL KITS and clients in ways that are fitting for this time and address the social, racial, environmental and biological crises that we are PANTRY PROVISIONS facing collectively as a society. NATURAL WINE At Stag Dining Group we believe every plate and every glass GIFTING tells a unique story, and we make every effort to connect guests COCKTAIL KITS & CLASSES to each other, to the environment and to the thought leaders of CRENN FARM this industry in authentic ways. Since our inception, we have witnessed the power that transformative culinary experiences have CERF CLUB EVENT VENUE on our guests and the conversations that can be sparked at the table.
    [Show full text]
  • SATURN PARTNERS LIMITED PARTNERSHIP III a Delaware Limited Partnership
    Fourth Amended and Restated Confidential Private Placement Memorandum SATURN PARTNERS LIMITED PARTNERSHIP III A Delaware Limited Partnership PRIVATE PLACEMENT OF LIMITED PARTNERSHIP INTERESTS A venture capital fund that will source and lead investments focusing primarily on software and information technology, with secondary focus on specialty energy, biotechnology and advanced materials. The fund may also invest in follow-on investments in certain Saturn Affiliate portfolio companies and special opportunities that are believed to have potential for significant growth. The purchase of a limited partnership interest in Saturn Partners Limited Partnership III involves a high degree of risk. See “RISK FACTORS” in this Memorandum. September 1, 2012 Name of Offeree: Memorandum No.: A/75186653.1 THIS FOURTH AMENDED AND RESTATED PRIVATE PLACEMENT MEMORANDUM (THIS “MEMORANDUM”) AMENDS AND RESTATES THE THIRD AMENDED AND RESTATED PRIVATE PLACEMENT MEMORANDUM DATED SEPTEMBER 1, 2011, THE SECOND AMENDED AND RESTATED PRIVATE PLACEMENT MEMORANDUM DATED DECEMBER 1, 2010, THE AMENDED AND RESTATED PRIVATE PLACEMENT MEMORANDUM DATED AUGUST 1, 2010 AND THE PRIVATE PLACEMENT MEMORANDUM DATED JUNE 1, 2010, AND HAS NOT BEEN FILED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION NOR HAS SUCH COMMISSION OR ANY STATE SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY DETERMINED WHETHER IT IS ACCURATE OR COMPLETE, OR PASSED UPON OR ENDORSED THE MERITS OF THIS OFFERING. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. THIS MEMORANDUM DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO BUY, A SECURITY IN ANY JURISDICTION IN WHICH IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SOLICITATION IN SUCH JURISDICTION.
    [Show full text]
  • In Eastern Partner Countries
    EU4Digital: supporting digital economy and society in the Eastern Partnership Market Assessment for Digital Innovation and Scale-up Initiative in Eastern partner countries Final report June 2020 1 About this study In early 2020, EU4Digital Facility launched activity ‘Market Assessment for Digital Innovation and Scale-up Initiative (DISC) in Eastern Partner Countries’ (hereinafter – study / research) The goal is to analyse the investment landscape for digital high tech companies in these countries: Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine. The activity was inspired by Digital Innovation and Scale-up initiative (DISC) in Central, Eastern and South Eastern Europe region (European Commission Factsheet). Based on the findings of this study, the European Commission will be able to adjust its plans to better serve the needs of the local markets, developing adapted financial support instruments. This research aims to: 1. Understand digital innovation and high-tech start-ups investment landscape and identify existing gaps on investment in Eastern partner countries. 2. Map the main private & corporate equity investors that provide financing to digital start-ups and fast growth companies in Eastern partner countries. 3. Map the main public sector investment programs in start-up / tech-oriented companies at the country-level. 4. Analyse micro-level data on private investments in start-up / tech-oriented companies in the region. 5. Provide recommendations to develop and use financial instruments for digital innovation and the scale-up of high-tech start-ups. The research focuses on start-ups at the creation and scale-up phases, rather than traditional SMEs on their path to digitalisation.
    [Show full text]
  • PETER THIEL Palantir Technologies; Thiel Foundation; Founders Fund; Paypal Co-Founder
    Program on SCIENCE & DEMOCRACY Science, Technology & Society LECTURE SERIES 2015 HARVARD KENNEDY SCHOOL HARVARD UNIVERSITY PETER THIEL Palantir Technologies; Thiel Foundation; Founders Fund; PayPal co-founder BACK TO THE FUTURE Will we create enough new technology to sustain our society? WITH PANELISTS WEDNESDAY Antoine Picon Travelstead Professor, Harvard Graduate School of Design March 25, 2015 Margo Seltzer Harvard College Professor, School of Engineering and 5:00-7:00pm Applied Sciences Science Center Samuel Moyn Professor of Law and History, Harvard Law School Lecture Hall C 1 Oxford Street MODERATED BY Sheila Jasanoff Harvard University Pforzheimer Professor of Science and Technology Studies CO-SPONSORED BY Program on Harvard University Harvard School of Harvard University Center for the Engineering and Graduate School Science, Technology & Society Environment Applied Sciences of Design HARVARD KENNEDY SCHOOL HARVARD UNIVERSITY http://sts.hks.harvard.edu/ Program on SCIENCE & DEMOCRACY Science, Technology & Society LECTURE SERIES 2015 HARVARD KENNEDY SCHOOL HARVARD UNIVERSITY Peter Thiel is an entrepreneur and investor. He started PayPal in 1998, led it as CEO, and took it public in 2002, defining a new era of fast and secure online commerce. In 2004 he made the first outside investment in Facebook, where he serves as a director. The same year he launched Palantir Technologies, a software company that harnesses computers to empower human analysts in fields like national security and global finance. He has provided early funding for LinkedIn, Yelp, and dozens of successful technology startups, many run by former colleagues who have been dubbed the “PayPal Mafia.” He is a partner at Founders Fund, a Silicon Valley venture capital firm that has funded companies like SpaceX and Airbnb.
    [Show full text]
  • How to Catch a Unicorn
    How to Catch a Unicorn An exploration of the universe of tech companies with high market capitalisation Author: Jean Paul Simon Editor: Marc Bogdanowicz 2016 EUR 27822 EN How to Catch a Unicorn An exploration of the universe of tech companies with high market capitalisation This publication is a Technical report by the Joint Research Centre, the European Commission’s in-house science service. It aims to provide evidence-based scientific support to the European policy-making process. The scientific output expressed does not imply a policy position of the European Commission. Neither the European Commission nor any person acting on behalf of the Commission is responsible for the use which might be made of this publication. JRC Science Hub https://ec.europa.eu/jrc JRC100719 EUR 27822 EN ISBN 978-92-79-57601-0 (PDF) ISSN 1831-9424 (online) doi:10.2791/893975 (online) © European Union, 2016 Reproduction is authorised provided the source is acknowledged. All images © European Union 2016 How to cite: Jean Paul Simon (2016) ‘How to catch a unicorn. An exploration of the universe of tech companies with high market capitalisation’. Institute for Prospective Technological Studies. JRC Technical Report. EUR 27822 EN. doi:10.2791/893975 Table of Contents Preface .............................................................................................................. 2 Abstract ............................................................................................................. 3 Executive Summary ..........................................................................................
    [Show full text]
  • Venture Capital and the Finance of Innovation, Second Edition
    This page intentionally left blank VENTURE CAPITAL & THE FINANCE OF INNOVATION This page intentionally left blank VENTURE CAPITAL & THE FINANCE OF INNOVATION SECOND EDITION ANDREW METRICK Yale School of Management AYAKO YASUDA Graduate School of Management, UC Davis John Wiley & Sons, Inc. EDITOR Lacey Vitetta PROJECT EDITOR Jennifer Manias SENIOR EDITORIAL ASSISTANT Emily McGee MARKETING MANAGER Diane Mars DESIGNER RDC Publishing Group Sdn Bhd PRODUCTION MANAGER Janis Soo SENIOR PRODUCTION EDITOR Joyce Poh This book was set in Times Roman by MPS Limited and printed and bound by Courier Westford. The cover was printed by Courier Westford. This book is printed on acid free paper. Copyright 2011, 2007 John Wiley & Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc. 222 Rosewood Drive, Danvers, MA 01923, website www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, (201)748-6011, fax (201)748-6008, website http://www.wiley.com/go/permissions. Evaluation copies are provided to qualified academics and professionals for review purposes only, for use in their courses during the next academic year. These copies are licensed and may not be sold or transferred to a third party.
    [Show full text]
  • NVCA 2021 YEARBOOK Data Provided by Dear Readers
    YEARBOOK Data provided by Credits & Contact National Venture Capital Association NVCA Board of Directors 2020-2021 (NVCA) EXECUTIVE COMMITTEE Washington, DC | San Francisco, CA nvca.org | [email protected] | 202-864-5920 BARRY EGGERS Lightspeed Venture Partners, Venture Forward Chair Washington, DC | San Francisco, CA MICHAEL BROWN Battery Ventures, Chair-Elect ventureforward.org | [email protected] JILL JARRETT Benchmark, Treasurer ANDY SCHWAB 5AM Ventures, Secretary BOBBY FRANKLIN President and CEO PATRICIA NAKACHE Trinity Ventures, At-Large JEFF FARRAH General Counsel EMILY MELTON Threshold Ventures, At-Large JUSTIN FIELD Senior Vice President of Government MOHAMAD MAKHZOUMI NEA, At-Large Affairs MARYAM HAQUE Executive Director, Venture AT-LARGE Forward MICHAEL CHOW Research Director, NVCA and PETER CHUNG Summit Partner Venture Forward DIANE DAYCH Granite Growth Health Partners STEPHANIE VOLK Vice President of Development BYRON DEETER Bessemer Venture Partners RHIANON ANDERSON Programs Director, Venture SCOTT DORSEY High Alpha Forward RYAN DRANT Questa Capital CHARLOTTE SAVERCOOL Senior Director of PATRICK ENRIGHT Longitude Capital Government Affairs STEVE FREDRICK Grotech Ventures MICHELE SOLOMON Director of Administration CHRIS GIRGENTI Pritzker Group Venture Capital DEVIN MILLER Manager of Communications and JOE HOROWITZ Icon Ventures Digital Strategy GEORGE HOYEM In-Q-Tel JASON VITA, Director of Programming and CHARLES HUDSON Precursor Ventures Industry Relations JILL JARRETT Benchmark JONAS MURPHY Manager of Government Affairs
    [Show full text]
  • Capital Flows to Education Innovation 1 (312) 397-0070 [email protected]
    July 2012 Fall of the Wall Deborah H. Quazzo Managing Partner Capital Flows to Education Innovation 1 (312) 397-0070 [email protected] Michael Cohn Vice President 1 (312) 397-1971 [email protected] Jason Horne Associate 1 (312) 397-0072 [email protected] Michael Moe Special Advisor 1 (650) 294-4780 [email protected] Global Silicon Valley Advisors gsvadvisors.com Table of Contents 1) Executive Summary 3 2) Education’s Emergence, Decline and Re-Emergence as an Investment Category 11 3) Disequilibrium Remains 21 4) Summary Survey Results 27 5) Interview Summaries 39 6) Unique Elements of 2011 and Beyond 51 7) Summary Conclusions 74 8) The GSV Education Innovators: 2011 GSV/ASU Education Innovation Summit Participants 91 2 1. EXECUTIVE SUMMARY American Revolution 2.0 Fall of the Wall: Capital Flows to Education Innovation Executive Summary § Approximately a year ago, GSV Advisors set out to analyze whether there is adequate innovation and entrepreneurialism in the education sector and, if not, whether a lack of capital was constraining education innovation § Our observations from research, interviews, and collective experience indicate that there is great energy and enthusiasm around the PreK-12, Post Secondary and Adult (“PreK to Gray”) education markets as they relate to innovation and the opportunity to invest in emerging companies at all stages § Investment volume in 2011 exceeded peak 1999 – 2000 levels, but is differentiated from this earlier period by entrepreneurial leaders with a breadth of experience including education, social media and technology; companies with vastly lower cost structures; improved education market receptivity to innovation, and elevated investor sophistication.
    [Show full text]
  • Download the Full Report
    SovereignWealthFunds15:Maquetación 1 20/10/15 17:57 Página 1 SovereignWealthFunds15:Maquetación 1 20/10/15 17:57 Página 2 Editor: Javier Santiso, PhD Associate Professor, ESADE Business School Vice President, ESADEgeo - Center for Global Economy and Geopolitics SovereignWealthFunds15:Maquetación 1 20/10/15 17:57 Página 3 Index Foreword 5 Executive Summary 7 Direct investing by sovereign wealth funds in 2014: The worst of times, the best of times 11 I Geographic Analysis 21 Sovereign wealth funds in Spain and Latin America: Spain's consolidation as an investment destination 23 Sovereign wealth funds from Muslim countries: Driving the Halal industry and Islamic finance 37 Different twins and a distant cousin: Sovereign wealth funds in Hong Kong, Singapore and South Korea 51 II Sector Analysis 65 Sovereign wealth funds and the geopolitics of agriculture 67 Sovereign Venture Funds 79 The kings of the king of sports: Sovereign wealth funds and football 95 Financing of the digital ecosystem: The “disruptive” role of SWFs…Reconsidered 109 Sovereign wealth funds and heritage assets: An investor’s perspective 121 ANNEX. ESADEgeo Sovereign Wealth Funds Ranking 2015 133 Sovereign wealth funds 2015 Index 3 SovereignWealthFunds15:Maquetación 1 20/10/15 17:57 Página 4 SovereignWealthFunds15:Maquetación 1 20/10/15 17:57 Página 5 Preface SovereignWealthFunds15:Maquetación 1 20/10/15 17:57 Página 6 1. Preface The pattern of world economic growth during 2015 has undergone In both 2014 and 2015 developed and emerging countries' a significant change relative to previous years. While the developed sovereign wealth funds have continued to feature prominently in economies succeeded in shaking off their lethargy and improving significant strategic transactions worldwide.
    [Show full text]
  • Enterprise Tech 30—The 2021 List
    Enterprise Tech 30—The 2021 List Rajeev Chand Partner Head of Research The Enterprise Tech 30 is an exclusive list of the most promising private Peter Wagner companies in enterprise technology. The list, which is in its third year, is Founding Partner based on an institutional research and survey process with 103 leading venture capitalists, who are identified and invited based on their track Jake Flomenberg Partner record, expertise, and reputation for discernment. Olivia Rodberg The Enterprise Tech 30 is now a platform for the startup community: a Research Associate watershed recognition for the 30 companies and a practical and February 24, 2021 invaluable resource for customers, partners, journalists, prospective team members, service providers, and deal makers, among others. We are pleased to present the Enterprise Tech 30 for 2021. Wing Venture Capital 480 Lytton Avenue Palo Alto, CA 94301 Early Mid Late 1. Modern Treasury 1. Zapier 1. HashiCorp 2. Privacera 2. Fishtown Analytics 2. Stripe 3. Roam Research 3. Retool 3. Databricks 4. Panther Labs 4. Netlify 4. GitLab 5. Snorkel AI 5. Notion 5. Airtable 6. Linear 6. Grafana Labs 6. Figma 7. ChartHop 7. Abnormal Security 7. Confluent 8. Substack 8. Gatsby 8. Canva 9. Monte Carlo 9. Superhuman 9. LaunchDarkly 10. Census 10. Miro 10. Auth0 Special Calendly 1 2021 The Curious Case of Calendly This year’s Enterprise Tech 30 has 31 companies rather than 30 due to the “curious case” of Calendly. Calendly, a meeting scheduling company, was categorized as Early-Stage when the ET30 voting process started on January 11 as the company had raised $550,000.
    [Show full text]
  • Bryce Start-Up Space 2017
    Start-Up Space Update on Investment in Commercial Space Ventures 2017 Formerly Tauri Group Space and Technology Contents Executive Summary . i Introduction . 1 Purpose and Background . 1 Methodology . 1 Overview of Start-Up Space Ventures. 4 Overview of Space Investors .......................6 Space Investment by the Numbers ................13 Seed Funding . 14 Venture Capital . 15 Private Equity . 17 Acquisition . 17 Public Offering . 17 Debt Financing . 18 Investment Across All Types . 18 Valuation . 19 Space Investors by the Numbers ..................20 Overall . 20 Angels . 23 Venture Capital Firms . 25 Private Equity Groups . 28 Corporations . 29 Banks and Other Financial Institutions . 31 Start-Up Space: What’s Next? . 32 Acknowledgements .............................34 3 Executive Summary he Start-Up Space series examines space investment in the 21st century and analyzes Tinvestment trends, focusing on investors in new companies that have acquired private financing. Space is continuing to attract increased attention in Silicon Valley and in investment communities world-wide . Space ventures now appeal to investors because new, lower-cost systems are envisioned to follow the path terrestrial tech has profitably traveled: dropping system costs and massively increasing user bases for new products, especially new data products . Large valuations and exits are demonstrating the potential for high returns . Start-Up Space reports on investment in start-up space ventures, defined as space companies that began as angel- and venture capital-backed start-ups . The report tracks seed, venture, and private equity investment in start-up space ventures as they grow and mature, over the period 2000 through 2016. The report includes debt financing for these companies where applicable to provide a complete picture of the capital available to them and also highlights start-up space venture merger and acquisition (M&A) activity .
    [Show full text]