Fundraising

The fund's investors include the European Investment Fund.

The early-stage investor plans to move 15 assets from its 11th flagship fund to the new vehicle.

The fund's backers include MUFG, Japanet, SBI Group, Sumitomo Corporation of Americas, Sumitomo Mitsui Trust Bank, Sega Sammy Holdings and Wowow.

AI, robots, secondaries, climate, women-led funds and data centers were the topics of most interest to Venture Capital Journal readers in 2024.

Scientifica Fund 1 will focus on backing startups and technological projects in future computing, smart materials, advanced industry, and environmental technologies across all stages of development.

XGEN Venture, a life sciences-focused venture capital firm based in Milan, Italy, has closed its inaugural fund at about €180mn.

Close to €500m was invested in Belgian tech start-ups in the first half of this year, according to a new report.

Investors include Declaration Partners, Euclidean Capital and True North Advisors.

More than 60% of investors polled in our annual survey cited “geopolitical uncertainty” as the factor that would have the greatest impact on the performance of their private markets portfolio in 2025.

The Indonesian firm seeks founders creating businesses geared towards local markets, including ideas that may not work outside of Indonesia, says founding partner Eddy Chan.