Fundraising

The world’s 50 largest venture capital fundraisers raised more than $204bn, up 9% from our previous ranking.

Investors seem to be directing more capital to support existing portfolio companies instead of pursuing new investments, while earlier timing for mega-deals suggests a push to accelerate development to beat competitors.

The new venture manager is raising both an equity and debt fund, which it says gives it ‘proprietary deal intelligence.’

The target is between $40 million to $60 million.

The fundraising increased Project A’s total assets under management to €1.2 billion.

With extensive experience in enterprise-ready technology, the firm will invest in 25-30 companies across various funding stages that are developing financial service and supply chain products and services.

The new LP-specialist firm, which is targeting $150m for its debut fund, was founded by two friends with a multigenerational connection.

The former angel group raised its oversubscribed debut seed fund to complement its existing growth syndicates.

Fund IV will target Canadian life science companies in both the medtech and biotech sectors.

The fund will focus on early-stage AI startups with a focus on applications across both consumer and enterprise technology.