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Category: Venture/Growth

Iceland’s Frumtak Ventures eyes next generation of Nordic winners with new fund

Icelandic early-stage investment house Frumtak Ventures has launched a $57m third fund focused on post-seed and Series A startups. The post Iceland’s Frumtak Ventures eyes next generation of Nordic winners with new fund first appeared

Life science specialist Vida Ventures raises third fund in four years, brings AUM to over $1.7bn

Life sciences-focused venture capital house Vida Ventures has boosted its assets under management to more than $1.7bn in just four years through the final close of its oversubscribed third fund. The post Life science specialist

Andreessen Horowitz bets big on crypto future with $2.2bn fund

Bitcoin and the wider crypto market has suffered a titanic fall in price over the past few weeks - but that hasn't discouraged VC veteran Andreessen Horowitz from hailing the industry's future amid a $2.2bn

Golden Ventures celebrates ten years with double fund close

Golden Ventures is celebrating its tenth anniversary by closing on $120m for two new investment funds. The post Golden Ventures celebrates ten years with double fund close first appeared on AltAssets Private Equity News.

Edtech investor Sparkmind.vc hits €55m final close for debut fundraise

Helsinki-based edtech specialist Sparkmind.vc has scored a €55m final close for its debut fundraise. The post Edtech investor Sparkmind.vc hits €55m final close for debut fundraise first appeared on AltAssets Private Equity News.

East Europe, Russian entrepreneurs ‘overlooked and undervalued’ says Leta Capital amid $100m fund launch

Eastern European and Russian-speaking entrepreneurs are over-looked and under-valued - so goes the thesis of early-stage investor Leta Capital, which has launched its third and largest fund to date. The post East Europe, Russian entrepreneurs

Bessemer names longtime Amazon senior exec Blackburn as new partner amid $3.3bn double fund close

Early stage investment giant Bessemer Venture Partners has scored another huge flagship fundraise, hauling in $3.3bn across Fund XI and a new growth-stage vehicle.

Soaring NYC startup scene, rising seed round sizes sees Primary Venture Partners up fundraising stakes with $200m of new capital

New York City startup scene-focused Primary Venture Partners has pulled in $200m of fresh capital through a pair of fundraises.

Groupon billionaire Lefkofsky’s venture capital firm Lightbank doubles AUM through $180m Fund II close

Lightbank, the venture capital firm co-founded by Groupon billionaire Eric Lefkofsky, has doubled its assets under management through a $180m final close of its second fund.

Plume hits $1.35bn valuation through Insight-led investment amid lockdown demand for better broadband, smart home connectivity

Smart home wifi platform developer Plume has hit a $1.35bn valuation through an Insight Partners-led investment round fuelled by an "explosion" in the segment.

Leapfrog brings in ex-IFC senior investor Mohandas as global healthcare co-lead

Emerging markets-focused Leapfrog Investments has bolstered its global healthcare team with the appointment of Biju Mohandas.

Sequoia Capital hacked, warns LPs personal and financial info may have been accessed

Venture capital giant Sequoia Capital has warned investors their personal and financial may have been accessed by hackers after an employee reportedly fell prey to a phishing email.

Boldstart Ventures leverages unicorn successes to bring in $230m for biggest fundraise yet

Boldstart Ventures has raised more than $230m across a pair of new funds as it looks to continue its laser focus on enterprise, infrastructure and SaaS investments.

Canadian, Asian alternatives fundraises among $390m of new LACERA commitments

The $65bn-managing LA County Employees Retirement Association has revealed $390m of new private equity and venture capital funds.

Edtech investor Reach Capital rockets to $165m Fund III close, more than double Fund II total

Education tech investor Reach Capital has hit a $165m final close for its third fund, more than twice the total it raised for its predecessor vehicle.

HighGear Ventures closes Fund II, says venture secondaries ‘at the start of an overdue transition’

Secondaries specialist HighGear Ventures has hit an oversubscribed final close for its second fundraise.

Flashpoint VC hits first close for $200m-targeting debut secondaries fund

Tech investor Flashpoint has hit a first close for its $200m-targeting debut direct secondaries fundraise.

Warburg Pincus continues fintech dealmaking push with $75m Personetics investment

Warburg Pincus has followed a string of venture capital firms into bank and financial services customer engagement software startup Personetics.

RPM Ventures passes $88m for fourth flagship fundraise

RPM Ventures has hauled in more than $88m towards its latest flagship fundraise.

Susquehanna Growth Equity names two new managing directors amid string of hires, promotions

Susquehanna Growth Equity has named two new managing directors amid a string of promotions and hires at the firm.

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