Venture capital

The value of new VC deals globally is down 42% in the first 11 months of this year compared to last, to $286 billion, according to research firm Preqin.

The rising frequency of down rounds -- whereby companies raise equity funding at reduced valuations -- has increased tech firms' appetite for debt, both conventional and convertible.

Findings from Embroker indicate that startup founders are shifting their focus to managing risks surrounding reputation and social responsibility.

With venture funding drying up many young firms' survival is in doubt.

The area promises huge opportunities to gain experience and has the right infrastructure to power long-term growth.

Connective Capital, which debuted this month, has raised $35 million to back technology startups trying to detect, prevent or manage the spread of wildfires.

Pie Insurance Services Inc. raised $315 million in equity funding, even as many early stage investors pull back from financial-technology startups.

The Columbus, Ohio-based VC is bullish on the midwest being the next startup hub.

There were 27 rounds in the month.

Erie Strategic Ventures will primarily focus on early-stage North American-based companies.