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$185 BILLION RAISED ACROSS 12,500 TRANSACTIONS BEHIND GROWTH CAPITAL MARKETS’ 2018 BULL RUN, REVEALS HAMPLETON PARTNERS’ REPORT

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Hampleton Partners’ analysis of growth capital reveals that 2018 marked another record year for global venture capital financing, with a total disclosed value of $185 bn (€165 billion) raised across more than 12,500 transactions.

The international technology M&A and growth finance advisors reveal that total transaction volume grew five per cent per year from 2014 to 2018 across the globe, while total value raised grew by 13 per cent, suggesting that funding rounds are becoming larger.

The Asia-Pacific region registered the largest number of deals in 2018 at 6,676, followed by North America with 5,640 and Europe with 2,601.

Asia-Pacific also charted the highest growth in absolute value, propelled by the increasing prevalence of massive investment funds such as Softbank’s $100 billion Vision Fund and Tiger Global’s new $3.75 billion tech fund, both having contributed to some of the record 21 new Asian unicorns born in 2018.

Over a four-year period, Europe walked away with the highest relative growth, witnessing a 24% CAGR over three years, with the number of deals having doubled since 2016. The proliferation in Europe of early stage funding rounds and the higher value they generate are the result of favourable government programmes, thriving tech hubs from Stockholm to Berlin, and a highly active and maturing investor environment.

Supergiants and Unicorns

“Supergiant” funding rounds – venture capital rounds generating funds in excess of $100 million – are becoming commonplace. 2018 saw 515 supergiant rounds, more than 2017 and 2016 combined.  Although they accounted for only two per cent of all rounds worldwide, they secured a massive 56 per cent of the total $185bn value raised.

There was also an all-time high of 106 unicorn births during 2018, dwarfing the combined 2016 and 2017 total of 73.

Miro Parizek, founder and principal partner, Hampleton Partners, said:

“We’ve witnessed the highest level of venture capital investment on record, both in volume and value terms. This has included an unprecedented increase in the number of supergiant rounds and new unicorn births, in addition to growth in all median sizes of funding rounds. The total value of all unicorns has also inched above $1 trillion.

“This seemingly boomish growth is driven by the new wave of start-ups causing extreme disruption in traditional industries such as automotive, retail, security, and healthcare in addition to the larger start-ups continuing to fundraise from favorable private markets. While lights are bright green for the VC markets, this high growth in all metrics may also be a signal of overheating markets of increasingly cash-rich funds making increasingly risky investments.

Most active investors

Hampleton’s report identifies the most active investors in the EU and US. In the US, 500startups racked up 398 investments, followed by Y Combinator (374), Sequoia (305), Techstars (221), Plug and Play Ventures (188), Matrix (168) and Accel (163).

In Europe, Index Ventures tops the chart with 92 investments, followed by Partech (90) and High-Tech Gründerfonds (74), Kima Ventures (63), Balderton Capital (43), Octopus Investments (38) and EQT (38).

Largest transaction

The most valuable company on 2018’s unicorn list is Bytedance, a Chinese machine learning content platform. Bytedance was valued at $75bn in its October fundraise in a round led by Softbank and joined by KKR and General Atlantic.

Sector-focused funding

Fintech proved to be the most popular sector for investors, as consumer solutions aiming to revolutionise the banking and payments industry gained traction. Among the new unicorns born out of the rounds completed by Ant Financial or JD Finance in the second half of 2018 were N26, Plaid Technologies, Viva Republic and Monzo.

Autotech investment took second place with the highest number of VC investments in car-related businesses on record, totalling 355 vs. 325 in 2017, though total equity value raised was down to $13.5bn (€12bn) from a $25bn (€22bn) high in 2017, which was achieved after several mega-transactions by Softbank.

New autotech unicorn births included Aurora, Momenta, Xpeng and pony.ai.

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

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https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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