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- Fourth fund for Jerusalem Venture Partners
The $400m fund will be invested in communications and Internet infrastructure companies operating in Europe, the US and Israel.
- Sofinnova unveils new fund
France’s oldest VC has raised a new fund of E330m for investment in early-stage biotech and IT companies.
- Clearforest raises $12m in second round financing.
Investors in this round include DB eVentures, Polaris Venture Capital, HarbourVest Partners and Walden Israel.
- Mercapital SPEF Fund II closes at E600m
SPEF II, which has beaten its initial target by E100m, is the largest Spanish fund to date.