Promus closes space fund on EUR 120m

Promus Ventures, a "deep-tech" venture capital firm, has closed its Orbital Ventures Fund, which focuses on early-stage, space-related companies, on EUR 120m.

Andreessen Horowitz said to follow $2.6bn crypto, seed fund closes with another $6.5bn double fundraise

Venture capital investment giant Andreessen Horowitz is reportedly back eyeing another $6.5bn of capital across two new funds, having already raised about $2.6bn so far this year. The post Andreessen Horowitz said to follow $2.6bn

New VC house Asymmetric Capital Partners seals target-beating $105m debut fund close

New early-stage investment house Asymmetric Capital Partners has hit an oversubscribed $105m final close for its debut fundraise. The post New VC house Asymmetric Capital Partners seals target-beating $105m debut fund close first appeared on

AMB :- South Korea: PEVC AUM doubles in two years, reaching record $113bn

Laxman Pai, Opalesque Asia: The South Korea-focused private equity (PE) and venture capital (VC) industry has experienced accelerated growth, as its assets under management (AUM) reached a record $113bn as of December 20...Article Link

Softbank, Mubadala in USD 200m round for Tier

Existing investors Softbank and Mubadala Capital have led a USD 200m Series D funding round for Germany-headquartered Tier, a micro-mobility startup that specialises in e-scooter hire schemes.

H&F, EQT team up for final Zooplus offer

Hellman & Friedman (H&F) and EQT Private Equity have made a joint final offer for Germany-listed pet products retailer Zooplus of EUR 480 per share, amounting to a EUR 3.7bn valuation.

Next Coast Ventures brings in experienced COO Dodd as venture partner

Texas-based Next Coast Ventures has named former Ultimate Software COO and general manager Julie Dodd as a venture partner. The post Next Coast Ventures brings in experienced COO Dodd as venture partner first appeared on

AMB :- Venture Capital funds outperform despite uncertainty

Bailey McCann, Opalesque New York: Venture capital funds worldwide recorded the best performance among all private capital strategies in the first quarter of 2021, according to the latest data from Pitchbook. VC funds ha...Article Link