Monday, November 11, 2019

UK's Balderton Capital has raised a new $400M fund to back EU tech startups at the Series A stage; the VC had closed a similar Series A fund in 2017 at $375M (Steve O'Hear/TechCrunch)

Steve O'Hear / TechCrunch:
UK's Balderton Capital has raised a new $400M fund to back EU tech startups at the Series A stage; the VC had closed a similar Series A fund in 2017 at $375M  —  Balderton Capital, one of the so-called “big four” early-stage VC firms in London (the others being Accel, Atomico and Index) …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...