News

With $4.4 billion already raised this year, climate-focused venture capital funds are on track to surpass their $5.2 billion fundraising haul in 2023.

Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.

Co-founder Til Klein describes Identity.vc as 'Europe’s first venture capital fund investing in early-stage LGBTQ+ led start-ups in Europe and beyond.'

Women-led venture funds are on track to raise a combined $2bn this year, down from $3.4bn in 2023, according to VCJ research.

At least five public pension funds have committed a combined $148m to Fund XI, which has nearly reached its fundraising target of $600m.

The aging of the population is 'the most uncontroversial transformation happening now to our society,' says Bruce Simpson, partner of AgeTech Capital.

The fund is anchored by Micheli Associati, majority shareholder of Genextra, along with EIF and CDP VC. Other LPs include UniCredit, Quaestio Capital, Banco BPM, Inarcassa, ENPAM, Fondazione di Sardegna and Banca Sella Holding.

Women-led VC firms are on track to raise just two-thirds of the totals they raised in 2023 and 2022 as the broader venture industry struggles with a fundraising downturn.

The company behind novel food products such as the mammoth meatball and quail parfait appeals to investors because it has no intention of replacing conventional meat.

Kettler, who had been with OpenView for nearly eight years, has joined Pillar VC as its chief financial officer.