Fundraising

Calibrate Fund II will invest in in early-stage AI and automation startups.

Crossbeam invests in pre-seed and Series A startups "building tomorrow's economy."

Korify Capital is seeking to raise $100 million for its first venture fund.

Co-founder and chief executive Amy Nauiokas is transitioning to co-chief investment officer and co-chair.

Omega Funds has closed its seventh fund at $650 million, beating its $500 million target.

Silvergate Capital and EJF Capital have launched a joint venture fund focused on on early-stage fintech companies, digital currencies and payments, as well as banking and specialty finance technology.

Sorenson Ventures has raised $147.45 million for its second fund, according to an SEC filing.

Accelia Capital has launched a new C$50 million venture capital fund to back Quebec technology companies, particularly women-owned and women-led businesses.

Multistage investor Norwest Venture Partners has raised $3bn for Fund XVI, its largest fund to date and its first to include a formal ESG policy.

Reciprocal Ventures has raised $68.55 million for its second fund, according to an SEC filing.