News

When former German Chancellor Willy Brandt wrote a paper about addressing economic inequality in 1980, there was no way he could have known he would inspire a new venture firm in 2023.

Gilde Healthcare Venture & Growth VI's limited partners include corporate institutions, banks, pension funds, insurers, fund-of-funds, sovereign wealth funds, endowments, family offices and entrepreneurs.

Vesey Ventures, a new women-led firm focused on early-stage fintech deals, has closed its debut fund at $78 million.

The closing follows British Patient Capital providing a $26.7 million commitment to the pool.

The $232m fund will invest in seed through Series C mobility-related start-ups.

If a silver lining is to be found in the dark cloud of Q1 fundraising, it may be in the success of venture funds focused on investments to combat climate change.

Define Ventures, which invests in digital health start-ups, has raised a combined $460m across a third flagship fund and and opportunities fund.

Reach Capital, which specializes in the education technology sector, has raised $215 million for its fourth core fund, according to an announcement on its website.

The fund's investors include institutional family offices, experienced founders and investors.

The fund will focus on making equity investments in sustainability-oriented businesses with SaaS, hardware-enabled software and software-led business models.