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The Italian venture firm has held a first close on its third early-stage fund, United Ventures III. Backers include Italian and international institutional investors.

Oliver Libby of H/L Ventures outlines the key steps the venture industry needs to take "to ensure that we are behaving responsibly enough to avoid heavy-handed governance and regulation."

Even as they become more powerful in the venture ecosystem, women must overcome unique challenges when they are fundraising.

Venture funds worldwide raised a combined $58.1bn in the first half of 2023, down from about $100bn in the first half of last year, according to exclusive Venture Capital Journal research.

Mayfield is making a major push into AI, raising $250 million for its first AI-focused seed fund, AI Start, and hiring a veteran investor focused exclusively on AI start-ups.

Exclusive research by Venture Capital Journal found a total of 102 women-led firms have raised a combined $5bn since the start of 2022.

"Sequoia Capital wouldn't be what it is today without Michael," Roelof Botha, who leads Sequoia, wrote to limited partners in a letter viewed by Venture Capital Journal.

The fund will incubate and build-early stage next-generation biotechnology companies in the Los Angeles region and beyond.

The fund will make investments of $4m to $8m in early-stage tech start-ups working on developer tools, AI, cybersecurity, fintech and biotech, among other sectors.

CoinFund, a crypto-focused venture capital firm, announced that it has closed on $158 million for CoinFund Seed IV Fund LP, beating its $125 million target.