Lerer Hippeau

The combined organization will manage over 55 clinics in Northeast, Mid-Atlantic and Midwest markets and plan to add additional locations.

The fund, which closed at $200 million this past April, is focused exclusively on early-stage investments.

Fundraising took a little over three months and the firm raised $57 million more than it did for its previous flagship fund.

Lerer Hippeau and Serena Ventures led the round.

Lerer Hippeau led the round with participation from other backers that include Fifth Wall, Owl Ventures and NFX.

Novel, a no-code platform for Web3 commerce, has raised $6 million in seed funding.

Lerer Hippeau has raised $130 million for its seventh fund, according to an SEC filing.

Sexual wellness brand Cake has raised $4 million in seed funding.

Jacquie Marshall Siegmund isn't shy about calling a company she's a customer of and asking how they're financed. She helped pre-empt a deal at one before Origin invested in it.

The successful debuts of fintech Chime Financial and space tech company Voyager Technologies bring the total number of VC-backed IPOs this year to eight.

The board of the sovereign wealth fund is considering a proposal to increase its target allocation to venture capital strategies to a range of 10-25% from a range of 0-5%.

NMSIC plans to invest $240m in private equity and updates itsH 2025 private equity strategy target allocations.

This acquisition follows a previous investment by Cox Enterprises in the fall of 2021.

Venture Capital Journal identified six strategies GPs or LPs are using to increase diversity. Each is a real-world solution that other GPs or LPs can replicate without much difficulty.

There is no easy fix for the industry’s lack of diversity. Here are six things GPs and LPs are doing to open their doors wider to under-represented groups.

Pando, a career development platform, has raised $6.9 million in funding.