Fundraising

The growth equity fund manager has launched fundraising for a foodtech-focused venture fund located in Boise, Idaho.

Including MCJ's new fund, climate fundraisers worldwide have now raised $6.9bn for 25 venture funds this year, according to Venture Capital Journal data.

The Berlin-based firm will soon hold a final final close on “around $120 million” for its third fund, co-founder and general partner Adam Zobler tells Venture Capital Journal exclusively.

PruVen Capital has closed on $378m for its second fund, which will target financial services and enterprise-focused start-ups.

Magnetar Capital is taking an unusual approach with its debut venture fund, offering compute time in lieu of cash to AI start-ups.

SET Ventures, a Dutch venture capital firm focused on sustainable technologies, raised €200 million for its fourth fund.

The $50m SparkLabs AIM AI Fund will invest in AIM-X accelerator participants along with AI start-ups across the globe.

New Enterprise Associates is expanding beyond direct investing into secondaries, recently raising $468.2 million for NEA Secondary Opportunity Fund.

G Squared VI will focus on the tech subsectors of software-as-a-service, fintech, insurtech, mobility and consumer internet.

Accolade Partners is the fund's anchor investor.