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Insight Partners collects $15m for Vision Capital 2020Insight Partners has raised $15 million for its Vision Capital 2020 fund.
Four things to know about TPG NEXTThe PE heavyweight’s GP platform, which aims to back the next-generation of diverse managers, will provide both seed capital and working capital of more than a year to its GPs.
Side Letter: TPG's diversity-driven GP stakes; Blackstone's growth recordTPG is tackling PE's diversity issue with a dedicated GP stakes and seeding strategy. Plus: Blackstone smashes a growth fund record and an online fundraising start-up is expanding access to Temasek-linked Astrea bonds. Here's today's brief, for our valued subscribers only.
TPG debuts TPG NEXT to back diverse investors and entrepreneursTPG has launched TPG NEXT, an initiative that will focus on investing in the next generation of diverse investors and entrepreneurs including women, people of color, and LGBTQ+.
PayPal invests $50m in eight black and Latinx-led venture fundsPayPal Holdings Inc is investing $50 million in eight eight early-stage, Black and Latinx-led venture capital funds: Chingona Ventures, Fearless Fund, Harlem Capital, Precursor Ventures, Slauson & Co., VamosVentures, Zeal Capital Partners and one additional unidentified fund.
Cashdrop gathers $2.7m seedChicago-based Cashdrop, a mobile-first contactless commerce platform targeted at small business owners, has raised $2.7 million in seed funding.
Curu inks $3m seedCuru, a fintech company, has raised $3 million in seed funding.
Pet wellness firm Wagmo inks $3 mln seedWagmo, a pet wellness company, has secured $3 million in seed funding.
Harlem Capital raises $40.3mThe American manager closes its debut fund above target.
Harlem Capital wraps up inaugural fund at $40.3 mlnHarlem Capital has closed its debut fund at $40.3 million.