Mayfield is making a major push into AI, raising $250 million for its first AI-focused seed fund, AI Start, and hiring a veteran investor focused exclusively on AI start-ups.
2 min read · 20 July 2023
"Sequoia Capital wouldn't be what it is today without Michael," Roelof Botha, who leads Sequoia, wrote to limited partners in a letter viewed by Venture Capital Journal.
4 min read · 20 July 2023
The fund will incubate and build-early stage next-generation biotechnology companies in the Los Angeles region and beyond.
2 min read · 18 July 2023
CoinFund, a crypto-focused venture capital firm, announced that it has closed on $158 million for CoinFund Seed IV Fund LP, beating its $125 million target.
2 min read · 18 July 2023
The fund's investors include the State of Michigan Retirement Systems, which committed $35m, and the City of Ann Arbor Employees’ Retirement System, which put up $6m.
2 min read · 29 June 2023
The pension system could pump more money into venture and buyout funds if it approves a recommendation to hike its target to private equity from 6 percent to 10 percent.
3 min read · 28 June 2023
LPs include BNY Mellon, Euroclear, JP Morgan, S&P Global, Jefferies, Deutsche Börse Group, Barclays, Citi and SGX.
1 min read · 26 June 2023
The New York firm said its debut fund is anchored by an unnamed Ivy League endowment and its other LPs include Collaborative Fund and former Meta CTO Mike Schroepfer.
2 min read · 26 June 2023
The nation's largest pension fund wants to grow VC from about 1.4 percent to 10 percent of its private equity portfolio.
3 min read · 26 June 2023
Investors include AIG, Bank of America, Foundry Group, Investinor, JPMorgan, Stardust Equity and Union Square Ventures.
1 min read · 26 June 2023
