Managers

Climate tech VC in Europe got a boost recently with PwC Germany committing an undisclosed amount to the World Fund, which aims to close at 350 million euros by the beginning of next year.

Drive Capital has raised $1bn across two new funds to serve companies in the so-called 'Driveway,' a region spanning from the Hudson River to the Rocky Mountains often overlooked by investors.

Nordic investor Butterfly Ventures has raised €47 million toward a target fund size of €100 million, with first-close investors including Saminvest and Tesi.

The fund will be used to back later-stage start-ups.

Bessemer raised $2.475bn for early-stage tech fund Bessemer Venture Partners XI and $825m for growth fund Century II in February 2021.

Women-focused venture capital firm True Wealth Ventures has closed its second fund at $35 million, noting that the vehicle was oversubscribed.

The majority-Black-owned venture firm, has raised $203m for its second seed-stage fund.

Kotak Investment Advisors Ltd, the largest homegrown alternatives player in India, plans to raise a venture capital fund and a fund of funds.

A new venture fund takes an impact investing approach to address structural impediments LGBTQ+ founders confront in fundraising.

Patrizia AG, a global manager of real estate and infrastructure assets, has held a first close on €50 million ($52.8 million) for a new fund called Sustainable Futures Ventures.