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Category: Venture/Growth

Howzat Partners to eye ailing travel sector with new €120m fundraise – report

Howzat Partners is reportedly raising a new $120m fund as it looks to profit from startup opportunities in the ailing travel sector.

Flying Fish back eyeing $75m for sophomore machine learning, AI startup fundraise

Seattle-based Flying Fish Ventures is back in the market for its second fundraise target AI and machine learning technologies.

Sequoia Capital China said to near up to CNY18bn ($2.65bn) fund close in coming weeks

Sequoia Capital's China arm is reportedly eyeing as much as CNY18bn ($2.65bn) for what would be its largest fund focused on the country.

Medicxi pioneers ‘exit and reinvest’ for biotech sector with €200m close of debut secondaries fund

European life sciences investor Medicxi has hit a €200m final close for its debut secondaries fund amid using the vehicle to pick up six companies from one of the firm's previous funds.

VC backers return to help open banking startup TrueLayer to another $25m

Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.

Venture capital helps ‘buy now, pay later’ fintech business Affirm to $500m investment round

Affirm, a buy-now-pay-later tech startup, has closed its Series G round on $500m.

Kindred Capital, which lets portfolio company entrepreneurs share its fund carry, closes £81m Fund II

Kindred Capital has hit an £81m final close for its second seed-stage European tech fund, doubling its capital under management.

Rede Partners brings in veteran LP, GP advisor Eric Ellul as first ever chairman, makes two senior hires

Private equity placement agent Rede Partners has brought in hugely experienced industry advisor Eric Ellul as its first chairman alongside two new senior hires.

Greylock ready to invest in “incredible moment in time for tech” with new $1bn fund

Greylock Partners has raised another $1bn fund as it looks to profit from an "incredible moment in time for technology".

Atlassian reveals $50m venture capital fund to back cloud-based products, services

Australian software company Atlassian has raised a $50m venture capital fund to target cloud-based products and services.

Sutter Hill seals astronomical return after early bet on Snowflake ends in $80bn-plus IPO valuation

Sutter Hill Capital is celebrating an astronomical return on its investment in cloud data warehousing business Snowflake after it sealed the biggest software IPO in history at an $80bn-plus valuation.

Questa Capital reaches $348m hard cap final close for sophomore fundraise

Healthcare-focused venture capital house Questa Capital has reached a $348m final close for its sophomore fundraise.

Quantum computing specialist Seeqc gets EQT Ventures backing in $22.4m Series A

Digital quantum computing company Seeqc has scored $22.4m in a Series A round led by EQT Ventures.

Acko secures $60m in Series D led by Munich Re Ventures

Acko General Insurance has reportedly netted $60m in a Series D round led by Munich Re Ventures.

TPG Growth-spinout Greenfield Partners seals $150m debut fund close to target Israel tech

Greenfield Partners has closed a $150m fund to continue its strategy of supporting early growth stage Israeli and Israel-related technology and tech-enabled businesses.

Indian e-commerce, cashback startup CashKaro gets $10m in new venture capital backing

India-based e-commerce and cashback company CashKaro has secured $10m in a series B funding round.

Amadeus Capital Partners eyes LatAm tech growth, European scale-ups with new partner hires

Global technology investor Amadeus Capital Partners has hired two new partners and a healthcare analyst in a major expansion of its investment team.

One Peak bets on Keepit as conqueror of $12bn backup-as-a-service market

European tech investor One Peak has followed its stellar €443m sophomore fundraise by backing Keepit, a company looking to conquer the global backup-as-a-service market. One Peak has provided $30m to Denmark-based Keepit – the largest SaaS

DNX Ventures raises $315m for third fund targeting US, Japan B2B startups

DNX Ventures has hit a $315m final close for its latest fund targeting early-stage B2B startups in the US and Japan.

Helios Investment Partner bets on emerging markets payments by leading Thunes investment

Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.

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