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PRESS RELEASES

Venture Firm K2 to Seek $200 Million After Backing Uber, Spotify

(Bloomberg) — K2 Global, a firm that has invested in startups such as Uber Technologies Inc. and Spotify Ltd., plans to raise $200 million for a second venture capital fund after gathering just under that amount for its first such offering. investment firm, led by Ozi Amanat, will start seeking more money in the second quarter …

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What’s Behind Asian Tycoons’ Growing Appetite For Tech Startups?

According to Harvard Business School, 75% of venture-backed startups fail. Startups have one of the hardest possible business tasks ahead of them — every single one of them is attempting to bring a new product to market. Perhaps that is why failure seems to be a critically important part of the startup ecosystem. Despite the risks involved, …

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Oprah-Backed Oatly Chases $10 Billion Valuation With IPO

Oatly Group, the vegan food company backed by Oprah Winfrey, is going public next week.  On Tuesday, Oatly set terms for its initial public offering. The Swedish company is offering about 84.4 million American depositary shares at $15 to $17 each. Each ADS represents one ordinary share. The company plans to trade on the Nasdaq …

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Nikkei buys Singapore-based media start-up DealStreetAsia

SINGAPORE – Nikkei, owner of the Financial Times (FT) and publisher of Nikkei Asian Review, is acquiring a majority stake in DealStreetAsia, a media startup that tracks private equity and venture capital activity across South-east Asia and India. The deal is meant to deepen Nikkei’s coverage of the Asian startup and tech scene, the “fastest-growing …

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The Daily Startup: K2 Global Aims to Bridge Asia, Silicon Valley

A handful of Silicon Valley venture firms are working to create deep relationships in the U.S. and China. K2 Global is one of those, and it is targeting a $100 million fund that aims to bridge Asia and Silicon Valley, Deborah Gage reports for Dow Jones VentureWire. The firm, which started in April and has partners in Silicon Valley and …

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