Freshly Minted

Freshly Minted: This Unsung VC Fund Anoints Tech’s Biggest Players in China in the U.S.

China's internet lifestyle is mostly lived on mobile, and that market is projected to be three times what the US could ever match, Mr. Richards told Betabeat. (Photo via Getty)

Welcome to Freshly Minted, where we examine an overlooked deal or funding announcement in tech from the past week, and tell you what you need to know, and why it matters.

This week’s deal: GGV Capital, a V.C. firm that focuses on tech companies in the U.S. and China, has raised their fifth fund at $620 million.

The Chinese tech world is like a parallel universe — the Chinese have their own social networks, ecommerce platforms, gaming empires and mobile chat clients. But GGV Capital has had a hand in both worlds for over 10 years, and now that the two markets are colliding, they stand poised as a major power broker between the Chinese and American tech worlds. Read More

Brave New Ventures

This VC Wants to Create an NYC Base Camp For Israeli Startups

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The tech scene in Tel Aviv is booming, and many Israeli tech founders see New York City as their best opportunity to go global. But even with talent, product and a great plan, startups are struggling to lay down roots in New York.

A new microfund and accelerator want to help top Israeli tech startups transition to New York. Founded by Eyal Bino, Accelerant Ventures is striving to help Mr. Bino’s countrymen conquer the global scene without selling out early. Read More

Tech Bubble Watch

Despite Tech Bubble Paranoia, NYC Analysts Insist We’re Safe

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A new CB Insights report shows that big corporations are pouring into the tech investment scene. While many might fear this means we’re headed for a second tech bubble, the report’s authors insist that’s not the case.

Major corporations like Intel and Comcast have become a third of the V.C. landscape. The deal sizes are getting bigger and bigger, and the last quarter saw the highest valuations we’ve seen since the last major tech crash. It’s not hard to see why people think history could repeat itself. Read More

Demo Day

Now We’re Disrupting Juice and Coffee: Meet ERA’s Graduating Class of Startups

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Down by the frigid waterfront in Chelsea this morning, investors, engineers and entrepreneurs convened on IAC Headquarters to listen to the latest batch of startup superstars pitch their companies at Entrepreneurs Roundtable Accelerator’s Demo Day.

The startups of ERA’s Winter 2014 class presented their services and business plans to a crowd of over 800. Each company spent about fifteen minutes on stage giving their pitches — prepared for with the help of presentation coaches — to a packed room of techies and potential investors. Read More

3D printing

In 2013, Investors Finally Figured Out That 3D Printing Is Going To Be Huge

(via Makerbot Industries)

3D printing has been talked about for years as a potentially groundbreaking technology, and it looks like investors finally got the memo. Funding for 3D printing companies in 2013 was 319 percent higher than the previous year, says a report on the CB Insights blog.

“Previously, consumers didn’t really know how to get things printed with their 3D printers,” CB Insights founder Anand Sanwal told Betabeat. “By having a growing marketplace to lead the space, the applications will be more clear and usage will have a lower barrier of entry.” Read More

Startup Food Chain

After $2.67B GrubHub IPO, VCs Are Hungry For Food Delivery Apps

(photo via Lucius Kwok))

Since GrubHub Seamless went public with a valuation of $2.67 billion, venture capitalists are racing to find the next hit food delivery app for their portfolios.

According to the report on the CB Insights blog, investments in food tech in the first quarter of 2014 (Q1) were the highest they’ve been in five years. Over $200 million went to food and grocery apps during those three months, which was the biggest VC investing boom in over a decade.

Most of these are small, local apps that focus on a particular set of stores and services, whereas GrubHub and Seamless are nationwide giants with a combined 25 years under their belts. The two companies merged last year, and served over three million customers nationwide in 2013 alone. Read More