News

Matter Venture Partners, a new firm started by two Kleiner Perkins vets, has closed on $300m for its debut, or $100m more than planned.

The San Francisco-based firm has closed on $90m for Superset Capital II, which had a target of $100m.

B Capital was co-founded by Eduardo Saverin, co-founder of Facebook.

LPs include “senior executives at BlackRock, Cooley, Google, senior healthcare and finance executives and prominent family office groups in the California area,” the firm says.

Altira Technology Fund VII was seeking to raise $200m and had been fundraising since January 2022.

Jada Fund of Funds, a subsidiary of Saudi Arabia's Public Investment Fund, is investing $266m in the latest venture debt fund from Partners for Growth.

Strong LP interest in cybersecurity helped Ballistic Ventures surpass the target for its sophomore fund in a challenging fundraising market.

Prudence invests at the seed to Series B stage and leads or co-leads investment rounds.

The firm raised $510m for its PE vehicle and $135m for its venture fund, say founder Rob Appleby and ventures head Alastair Cooper.

Fund V's limited partners include Franklin Park, Industry Ventures, and StepStone Group.