News

Mechasys is a Montreal-based technology startup specializing in millimetric projected reality for construction.

Fund III's LPs include TD Bank Group, Allianz, Church Pension Group, OPTrust, Credit Suisse Asset Management and other large institutional investors.

This fundraising brings the venture firm's total assets under management to $148 million.

The fund will focus on early-stage Israeli start-ups.

An extended timeline to liquidity means LPs will be more careful about which GPs they continue to allocate to in 2024.

The Palo Alto-based firm lives up to its name as it raises third fund from LP base including institutions from around the world.

The fund's LPs include the European Investment Fund, First Swedish National Pension Fund, LGT, Nysnø, Investinor and family offices Canica and Lærdal.

The fund bring brings Thomvest's total assets under management to $750 million.

Vintage Investment Partners, which is an investor in funds from Accel, a16z and General Catalyst, closed its fourth growth-stage fund at $200m, bringing its AUM to $4bn.

The move comes just two months after Menlo announced that it had raised $1.35bn to invest in tech companies “leading the AI transformation.”