News

Global VC fundraising finally came back to earth in 2022 as firms worldwide closed on funds totaling $165.9bn, down about 8% from their record haul of $179.7bn in 2021.

Representatives of AP4, CalPERS, the European Investment Fund, IH International, StepStone Group and Railpen share their insights for GPs with funds focused on sustainability.

RRE Ventures said it closed its eighth fund at $250m after ‘facing one of the most challenging fundraising environments in recent history.’

The co-founder of a rocket-making company valued at more than $4bn has set his sights on building a $100m venture capital firm to fuel the creation of more space-related start-ups.

Tara Bishop, who was named to Venture Capital Journal’s second annual list of Women of Influence in Private Markets, has closed on nearly $40 million with partner Eileen Tanghal for their new healthcare-focused firm, Black Opal Ventures.

The anchor investor is German development bank KfW, and other LPs include the European Investment Bank, International Finance Corporation, Dutch entrepreneurial development bank FMO and Bpifrance Investissement.

The firm, which announced in 2021 that it would shift to a 'single fund structure,' said Sequoia Capital Fund LP is valued at $13.6bn.

Buoyant Ventures, a women-led fund, raised $76m to invest in digital solutions to combat climate change.

The firm says it 'sees enormous opportunity in the use of artificial intelligence for intelligent business applications.'

Any VC firm that thinks it doesn't have to worry about the SEC because it's an 'exempt' reporting adviser should think again. The feds are paying closer attention to ERAs and bringing more enforcement actions.