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Category: VC

Covid online shopping boost sparks Revlifter growth as VC pair invest

Gresham House Ventures and Maven Capital Partners have backed growing e-commerce deals business RevLifter.

Challenger bank HMBradley gets $18.25m VC-led financing round

Having officially launched earlier this year, new neobank HMBradley has now secured $18.25m in a Series A funding round.

Stripe’s PE, VC backers lick their lips amid talk of possible $100bn valuation through new funding round

Payments giant Stripe is reportedly looking to raise a funding round which could see its valuation reach somewhere between $70bn and $100bn.

Andreessen Horowitz hauls in $4.5bn to close two new early-stage, growth funds

Venture capital major Andreessen Horowitz has boosted its capital under management to almost $16.5bn by closing $4.5bn across two new fundraises.

New York VC Work-Bench back fundraising, could collect up to $100m

New York-based Work-Bench is eyeing a big fund size increase by targeting up to $100m for its third flagship investment vehicle.

GlaxoSmithKline spinout SR One strikes $500m hard cap for debut independent fundraise

Transatlantic biotech investor SR One has raised its first fund in the wake of spinning out from pharmaceutical giant GlaxoSmithKline.

Ashton Kutcher’s VC firm Sound Ventures eyes another $150m fundraise

Hollywood actor Ashton Kutcher and talent manager Guy Oseary are back in the venture capital fundraising market eyeing $150m for their third Sound Ventures fund.

Qiming Venture Capital strikes $1.2bn final for Fund VII, thought to be China’s biggest VC raise this year

Qiming Venture Capital has scored what is thought to be the biggest VC fund close in China this year through a $1.2bn final close of its seventh flagship US dollar investment vehicle.

Jeff Bezos venture capital fund joins $30m Chipper Cash investment round

Just a few months after its latest raise, Chipper Cash has now added another $30m to its coffers in a raise backed by Jeff Bezos’ private VC fund Bezos Expeditions.

Veteran VC fund of funds VenCap ready for “major transformation” in tech with new fund close

Veteran venture capital fund of funds investor VenCap has closed its latest fundraise to take advantage of a "major economic transformation" in tech.

Sinai Capital seals $600m across double fundraise targeting late-stage tech, cutting-edge media

Sinai Capital Partners has raised more than $600m across a pair of venture capital vehicles targeting tech and media investments.

Ex-Google CEO Schmidt’s VC firm Innovation Endeavors eyes $325m for fourth fundraise

Innovation Endeavors, the venture capital house co-founded by former Google CEO Eric Schmidt, is back in the fundraising market eyeing up to $325m for its latest investment vehicle.

NextView Ventures seals big fund size jump for fourth flagship seed investment vehicle

Seed capital investor NextView Ventures has scored a big fund size jump by pulling in almost $90m for its target-beating fourth fund.

Bamboo Capital handed $40m fund management role targeting Madagascar electricity access

Impact investor Bamboo Capital Partners has been tapped up to manage a $40m renewable energy access fund by the Government of Madagascar and the World Bank.

PE, VC firms help International payroll platform Remote closes $35m Series A round

Remote, a HR platform to help manage payroll, benefits and compliance, has closed its Series A round on $35m.

Illinois pension picks trio of new Versant funds, Lightspeed Venture Partners vehicle as latest fund commitments

The $45.2bn-managing Illinois Municipal Retirement Fund has agreed $85m of new venture capital investments across a string of funds.

Vista Equity Partners helps Pipedrive hit unicorn status through majority investment

Software-focused private equity major Vista Equity Partners has helped CRM platform Pipedrive reach unicorn status through a majority investment.

VC houses help stock ownership app Bumped to $14.4m Series A round

Bumped, which aims to transform everyday spending of consumers into stock ownership, has netted $14.4m in its Series A.

Truebill celebrates $100m savings milestone with VC-led Series C round

Truebill, which aims to simplify the tracking and management of subscriptions and bills, has closed a $17m Series C round after celebrating the milestone of saving customers a total of $100m.

Speedinvest surges towards goal for second fund targeting disruptive digital marketplaces

European venture capital house Speedinvest is more than halfway to its €50m target for its second fund targeting disruptive digital marketplaces and platforms.

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