Early Facebook investor Accel raises $650 million fund to back European and Israeli startups [MSNBC.com]
UiPath, Inc. Class A (PATH)
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Source: MSNBC.com
Key PointsFrom left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe Botteri.Venture capital firm Accel said Tuesday it's raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of a recovery.The firm, which made prolific early bets on the likes of social media appFacebookSpotifyHarry Nelis, general partner at Accel, said the European tech ecosystem in particular has evolved drastically in the nearly 25 years since it opened up its London office as a separate fund in 2001."The environment has dramatically changed since then," Nelis told CNBC. "People would ask us, can Europe generate $1 billion outcomes?""Now, there are more than 360 venture-backed unicorns across Europe and Israel, and the whole ecosystem has evolved from one that raised about $1 billion in capital to now $66 billion in 2023."Nelis said Europe is pr
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PATH
News
- UiPath to Participate in the Mizuho Technology Conference 2024Business Wire
- UIPATH INVESTIGATION NOTICE: UiPath, Inc. (NYSE: PATH) Investors Who Suffered Losses from CEO Resignation are Urged to Contact BFA Law About Ongoing Investigation Accesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of UiPath Inc. - PATHAccesswire
- The Schall Law Firm is Actively Probing Claims for Investors Against UiPath Inc. (NYSE:PATH)Accesswire
- Time to Buy the Dip on UiPath Stock? [Yahoo! Finance]Yahoo! Finance
PATH
Earnings
- 5/29/24 - Beat
PATH
Sec Filings
- 6/3/24 - Form 10-Q
- 5/29/24 - Form DEFA14A
- 5/29/24 - Form 8-K
- PATH's page on the SEC website