David Bogoslaw

Advaita Capital has raised $36m for Fund V

The Boston-based venture firm invests primarily in deep tech, energy and AI, with a focus on lowering carbon emissions.

Carles Reina raises $15m solo GP fund Baobab Ventures

Limited partners in the debut fund include such institutional investors as Cendana Capital and Isomer Capital, Lucca and Stella Norton’s family office and partners at Concept Ventures and Credo Ventures.

Audeo Ventures raises $65m Fund II

The portfolio of the early-stage investor in fintech, enterprise and consumer software start-ups includes at least two unicorns, Figure AI and Plata Card.

Public markets are undervaluing AI-enabled fintech: 645 Ventures

Despite investor concerns about how sustainable AI-enabled fintechs' business models are, Nnamdi Okike expects fairly rapid adoption of these technologies to continue.

Meron Capital raises $70m for Fund III, adds managing partner

As managing partner, Gil Shai will help gauge founders' ability to learn quickly about go-to-market strategy, and help them assess product-market fit and build their initial sales team.

Elevate Capital launches Fund III, targeting $50m

LPs in previous funds include Bank of America, the City of Portland, the Oregon Community Foundation, Multnomah County Pension, the Oregon Growth Board and the Tykeson Family Charitable Trust.

Mission BioCapital closes on $143.75m for Fund VI

Limited partners in prior funds include Arizona Public Safety Personnel Retirement System, the Massey Family Foundation and Boehringer Ingelheim’s strategic venture fund.

NVP Capital closes on $80m for Fund II, backing vertical AI start-ups

Fund II includes new commitments from existing LPs such as Prudential Financial, the Rutgers University Endowment, Ford Foundation and Liberty Mutual Investments.

AI in the boardroom

A new study finds 51 percent of the business leaders and board directors saying AI should be driving long-term strategic planning and 51 percent saying their boards recruited AI specialists in the last 12 months.

Glasswing Ventures raises oversubscribed $203m Fund III

The AI- and frontier tech-focused firm added an endowment, two foundations, a couple of large family offices and a couple of very large wealth advisory firms for its latest fund.