Lawrence Aragon

Oklahoma gains traction as Cortado closes on $80m

'Our focus and competitive advantage in this region has resulted in several exits with 10 times growth and exceeding $100m,' says founder and managing partner Nathaniel Harding.

Bank failures sped up and boosted demand for Industry's 10th secondaries fund

Industry Ventures' 10th venture capital secondaries fund closed on $1.45bn, making it 70% larger than the firm's previous effort.

Unicorns and IPOs: $5trn waiting to be unlocked

The recent IPOs for Arm, Instacart, Klaviyo and Neumora Therapeutics have investors eager to see more unicorns follow suit and end the distribution dry spell.

Emerging manager GFT Ventures beats target for debut

Korea Venture Investment Corporation is among at least 94 investors in the AI-focused firm's debut fund, which closed on $140m.

CalPERS stunner: CIO to depart in two weeks

During Musicco's brief tenure, CalPERS substantially boosted its investment in venture capital funds as part of a larger effort by the CIO to grow private market exposure.

Steyer's climate firm tops $1bn for debut venture fund

The Innovation & Expansion Fund's investors include endowments, foundations and family offices.

CalSTRS has good news for emerging VCs

Sapphire Partners will assume investment management responsibilities of five of CalSTRS' existing new and next-generation manager funds.

NordicNinja collects €200m, will expand in Europe, UK

Investors include Japan Bank of International Cooperation, which anchored the fund, as well as BaltCap, Honda, Omron and Swedbank pension funds.

Lucky 13: Sierra beats target for Fund XIII

Thirteen is considered an unlucky number, but for Sierra Ventures it is serendipitous: the Silicon Valley firm closed on $265m for its 13th fund, beating its target in a tough fundraising environment.

Fin Capital taps Cirella as CCO as it raises new funds

Fin Capital, a B2B fintech-focused venture capital firm, has named Nicholas Cirella as general counsel and chief compliance officer.