Fundraising

Menlo Inflection IV is seeking to raise $800 million for its fourth fund, according to an SEC filing while Menlo Ventures is targeting $700 million for its flagship seventeenth fund.

Venture capital opportunities in defense technology are proliferating but they pose challenges, says Mercer’s Garvan McCarthy.

The fund is triple the size of VVC’s inaugural $20 million Fund I.

In 2021, Leonis raised $10 million for its inaugural fund.

In addition to the closing of the funds, Hatteras has promoted Dr. Ben Scruggs and Lauren Flickinger to partner.

The Miami-based venture capital firm targets the tech sector.

The backer of Canva and five other unicorns reportedly attracted commitments from Harvard's endowment, MetLife and the University of Wisconsin’s endowment.

Based in Chicago, Expanse is an asset manager with a family office perspective.

The fundraising brings Deciens’ total assets under management to $290 million.

Former Intel Capital directors closed on $305m for their third flagship fund, which will make direct secondary purchases from founders, employees and early investors in data infrastructure, cybersecurity, fintech, robotics and next-gen gaming companies.