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Category: Venture/Growth

LPs planning big renewable energy infrastructure investment push as climate change response grows

Global institutional investors plan to almost double their allocations to renewable energy infrastructure in the near-term as the global response to climate change continues to gain momentum.

Ex-AOL chief exec Steve Case’s VC firm eyes $500m for new growth capital fundraise

The venture capital firm launched by former AOL chief exec Steve Case is out targeting up to $500m for its fourth growth capital fundraise.

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.

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.

French drug giant Sanofi invests in biotech, biopharma VC house Jeito Capital

French pharmaceutical giant Sanofi has made a €50m investment in biotech and biopharma venture investment house Jeito Capital.

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.

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.

Seedcamp hails ‘special’ fundraise as VC firms help new vehicle to massive oversubscription

Seedcamp has hailed its 'special' £78m Fund V raise after the vehicle was almost 50% oversubscribed despite volatility around the ongoing global pandemic.

Pacer Ventures looking to solve funding gap for African startups

Sub-Saharan Africa's funding gap is the 'most critical problem on the continent' according to Pacer Ventures, which has launched a new fund hoping to solve the issue.

Peregrine Ventures ups fundraising ante as it hits first close for debut growth fund

Israel-based early stage investor Peregrine Ventures has hit a first close for a $300m-targeting growth fund focused on late stage life science companies.

Bain Capital Ventures, Silversmith among VCs helping risk management solution Venminder to $33m Series C

Third-party risk management solution developer Venminder has scored $33m in its Series C round, which was led by Silversmith Capital Partners.

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