Fundraising

The firm raised $12m for its debut fund to provide seed capital to Polish companies. It maintains it's the first seed fund in Poland that has contacts at Silicon Valley firms.

Space Angels, an angel investment platform, is raising $50 million for its new venture fund.

Fitz Gate Ventures has closed its second venture fund.

The firm, which launched a $50m fund a year ago, has also added BEA Systems co-founder Alfred Chuang as a general partner.

Redpoint Ventures is seeking to raise $500 million for its eighth fund, according to an SEC filing.

The new vehicle will be called Ahoy Spinnaker Fund and split its investments 50/50 between venture funds and direct investments, a source tells Venture Capital Journal.

Partners for Growth, a specialty lending firm focused on emerging growth companies, has closed its sixth fund at $325 million.

Alumni Ventures Group has launched a new fund focused on investing in "entrepreneurial companies working to shape and accelerate the world’s recovery from the COVID-19 crisis."

Harmonic Growth Partners is seeking to raise $200 million for its inaugural fund, according to an SEC filing.

Salt Lake City-based Kickstart Seed Fund, a seed-stage venture firm, has closed its fifth fund at $110 million.