Lawrence Aragon

Hyde Park raises $98m to back Midwest and Toronto start-ups

LPs include the Illinois Growth and Innovation Fund, RK Mellon Foundation, Renaissance Venture Capital, NVNG and Cintrifuse Capital.

Fundraisers face tough questions

Venture funds managed to raise just $15bn worldwide in Q1, a 53% decrease from about $32bn in the same quarter a year earlier.

DOWNLOAD: Global venture fundraising report for Q1 2024

Venture firms worldwide closed on $15bn in the first quarter. It was their smallest fundraising haul since Q3 of 2017.

Pinegrove officially starts fundraising, shares strategy details

The venture secondaries firm says it plans to use 'equity investments and structured financings, as well as GP- and LP-facing transactions, to gain exposure to its target companies at attractive risk-adjusted returns.'

TLCom Capital raises $154m for largest early-stage Africa fund

TLCom Capital's TIDE Africa II has raised $154 million to make early-stage investments in start-ups based in Africa.

Three more climate funds close and another pitches to LPs

Chevron Technology Ventures, SOSV and Wellington Management closed on new climate-focused venture capital funds this week.

Smaller funds are the new normal

The average fund size dropped to $115m in Q1 2024, its lowest point in about five years, according to new research from Venture Capital Journal.

Maven Ventures falls short of target for Fund IV

Fund IV, which closed on $60m, listed a target of $100m in a regulatory filing when it began fundraising in June 2022.

Andreessen Horowitz racks up $7.2bn across multiple funds

Andreessen Horowitz has closed on $7.2bn for multiple funds, including $3.75bn for growth investments.

Lakestar beats target for early-stage fund, falls short on growth vehicle

Lakestar's fourth early-stage fund, which was seeking €250m, closed on €280m, while its second growth vehicle closed on €320m after targeting €750m.