Venture capital First Cheque partially exits GIVA, yielding 75-fold return

  • First Cheque has partially exited from its portfolio company GIVA, a jewelry brand, with a 75-fold return four years after its initial investment.
  • Although the details of the exit were not disclosed, it is estimated that First Cheque’s $100,000 investment may have translated to about $7.5 million.
  • GIVA, which offers curated offerings in silver jewelry, has raised over $50 million in equity funding and projects a two-fold growth in its revenue.
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