Fundraising

The London-based firm has raised over €2 billion for its own funds while continuing to manage the life sciences portfolio of Index.

The AI- and frontier tech-focused firm added an endowment, two foundations, a couple of large family offices and a couple of very large wealth advisory firms for its latest fund.

Amid increasing pet ownership, longer lifespans for cats and dogs and the trend to treat pets as family members, venture capitalists are betting on expanding market opportunities in animal health.

The Craft Ventures partner is reportedly leaving the firm at the end of this year to start Sandlot Ventures.

The new capital will help the venture firm continue to provide personal financing solutions to founders and other stockholders and growth capital to venture-backed portfolio companies.

California pension expects distribution uptick in $8.7bn portfolio and potential rebound in PE and VC fundraising in 2026.

The veteran-led firm primarily invests in early-stage start-ups led by service academy alumni.

The early-stage VC backs software and hardware technology companies and has made nearly 100 investments since 2020.

LPs in previous funds include the Hartford Fire Insurance Company, the Missouri Department of Transportation and Highway Patrol Employees Retirement System and the Ford Family Foundation.