Managers

Sequoia China will adopt the name HongShan; Sequoia India/SEA will become Peak XV Partners; and the firm’s US/Europe operations will continue to be known as Sequoia Capital.

The San Francisco-based accelerator plans to more than double its AUM with a second flagship vehicle targeting $100m.

Pelion Ventures VIII, which is targeting $250m, has closed on about $146m from 22 investors.

After a strenuous fundraising effort, the pro rata rights investor managed to raise more than it did for its previous fund.

Talis Ventures III will lead seed and Series A rounds in tech infrastructure, climate and consumer internet companies across the UK, Europe and US.

Investors in previous Pear funds include the Inasmuch Foundation, Los Angeles Fire & Police Pension System, the Richard King Mellon Foundation and the Passport Foundation, according to Venture Capital Journal research.

The London-based VC firm’s newest partner, Payton Dobbs, hopes to broaden his impact in Europe by bringing monetization model insights to a wider range of nascent digital businesses.

Craft Ventures, whose co-founder helped to launch Florida Governor Ron DeSantis's presidential campaign on Twitter Space, has raised more than $1.6bn combined for three new venture funds.

The fintech investor raised $650m for its eighth early-stage fund and $275m for its second growth fund.