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Tuesday, 21 February 2023

Preqin data: in Q4 2022, VC firms raised $20.6B in new funds, down 65% YoY, the lowest Q4 amount since 2013; LPs backed 226 funds, the fewest in Q4 since 2012 (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal:
Preqin data: in Q4 2022, VC firms raised $20.6B in new funds, down 65% YoY, the lowest Q4 amount since 2013; LPs backed 226 funds, the fewest in Q4 since 2012  —  Slowdown that earlier hit tech startups catches up with investors who fuel venture capital  —  Fundraising by venture-capital firms hit …



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...