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The fund's investors include SBI Holdings, Toyota Tsusho Corporation, Sumitomo Mitsui Trust Bank, Japan International Corporation Agency, Japan ICT Fund and SCM Capital.

Floating Point, which was targeting $100 million for its sophomore fund, has held a final close on $70 million.

LPs in Fund II, which is targeting €200m, include returning LPs Fonds National d’Amorçage 2 and former Berkshire Partners managing director Bradley Bloom.

Toyota Ventures Frontier Fund II closed on $150 million, while Toyota Ventures Climate Fund II also raised $150 million.

Dart’s debut fund recently held a first close on just over $2m with support from former Goldman Sachs president Gary Cohn, Wingspan Capital co-Cio Andrew Eberhart and Fifth Third Bank chief economist Jeff Korzenik.

Jobs-focused impact investor JFF Ventures has held a first close on $15m for its second fund, which is targeting $50m.

Rich Lesser is the former CEO of Boston Consulting Group and most recently, Jeff Johnson was a managing director at Temasek.

In just 12 months, Venture Capital Journal's list of climate-focused funds has grown to 44 funds that have raised a combined $9.5bn.

World Fund's debut vehicle closed on €300m, with backing from the European Investment Fund, KfW Capital and BPI France, among others.

CalPERS named Stephen Gilmore, formerly CIO of New Zealand Superannuation Fund, as its new chief investment officer.