News

Erie Strategic Ventures will partner with Touchdown Ventures.

This fund was raised only a few months after the firm raised $200 million for a new opportunity fund in February 2022, bringing total assets under management to $374 million.

The fund will invest in cell therapy, gene therapy, AI/ML applied to drug discovery, synthetic biology, and regenerative medicine.

With a focus on energy, logistics and biotech, the VC firm is helping Oklahoma become known for innovation in biotech and logistics, with recognition from the federal Build Back Better program.

With backing from pro athletes, Proteus Motion has secured an $8.5m Series A, joining nine other fitness-related start-ups that raised capital in Q2.

The $104bn pension fund is an investor in more than 150 venture funds, including vehicles managed by Index Ventures, Sequoia Capital China and Spark Capital.

A co-ordinated effort among VC funds, local healthcare-based LPs, economic development agencies and government programs is drawing more companies to central Ohio, and transforming the local economy.

Public pensions drove the LP-led market in H1, as allocation pressures led them to sell despite worsening price dislocation, Campbell Lutyens found.

Cherubic now has over $400mn in committed capital under management.

Funds investing in climate technology are getting lots of attention as the US government has enacted a new law that will spend a record amount on efforts to curb CO2 emissions.