News

TLCom Capital's TIDE Africa II has raised $154 million to make early-stage investments in start-ups based in Africa.

The late-stage software investor managed to produce three exits in four weeks to end Q1 2024 even as exits via traditional routes drop quarter-on-quarter.

Chevron Technology Ventures, SOSV and Wellington Management closed on new climate-focused venture capital funds this week.

'We did have indications that the fundraise could close at over $400 million right up until the crash of Silicon Valley Bank in March of 2023,' says founder Sean O’Sullivan.

Fund II is more than three times larger than the firm's debut fund.

Fund IV, which closed on $60m, listed a target of $100m in a regulatory filing when it began fundraising in June 2022.

Andreessen Horowitz has closed on $7.2bn for multiple funds, including $3.75bn for growth investments.

In Part 8 of his series on venture debt, Zack Ellison from Applied Real Intelligence dispels five common myths about venture debt.

Lakestar's fourth early-stage fund, which was seeking €250m, closed on €280m, while its second growth vehicle closed on €320m after targeting €750m.

New York State Common Retirement Fund has disclosed that it committed $150m to B Capital’s second opportunities fund, which closed on $754m in March.