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New LP commitment has World Fund seeing blue skies ahead

Climate tech VC in Europe got a boost recently with PwC Germany committing an undisclosed amount to the World Fund, which aims to close at 350 million euros by the beginning of next year.

3 min read · 30 June 2022

Ohio's Drive Capital revs up $1bn for two funds

Drive Capital has raised $1bn across two new funds to serve companies in the so-called 'Driveway,' a region spanning from the Hudson River to the Rocky Mountains often overlooked by investors.

2 min read · 29 June 2022

Butterfly's Fund IV takes flight with support from Nordic LPs

Nordic investor Butterfly Ventures has raised €47 million toward a target fund size of €100 million, with first-close investors including Saminvest and Tesi.

2 min read · 29 June 2022

CIBC Innovation Banking unveils $1.5bn late-stage venture fund

The fund will be used to back later-stage start-ups.

2 min read · 28 June 2022

In brief: Bessemer is fundraising just 16 months after raising $3.3bn

Bessemer raised $2.475bn for early-stage tech fund Bessemer Venture Partners XI and $825m for growth fund Century II in February 2021.

1 min read · 27 June 2022

Women-focused True Wealth Ventures raises $35m for second fund

Women-focused venture capital firm True Wealth Ventures has closed its second fund at $35 million, noting that the vehicle was oversubscribed.

3 min read · 27 June 2022

MaC Venture Capital wraps sophomore fund for underserved founders

The majority-Black-owned venture firm, has raised $203m for its second seed-stage fund.

2 min read · 27 June 2022

Friday Letter: India is calling

Kotak Investment Advisors Ltd, the largest homegrown alternatives player in India, plans to raise a venture capital fund and a fund of funds.

3 min read · 24 June 2022

Colorful Capital aims to broaden LGBTQ+ founders' access to VC

A new venture fund takes an impact investing approach to address structural impediments LGBTQ+ founders confront in fundraising.

6 min read · 23 June 2022

Real estate titan Patrizia launches Sustainable Future Ventures

Patrizia AG, a global manager of real estate and infrastructure assets, has held a first close on €50 million ($52.8 million) for a new fund called Sustainable Futures Ventures.

2 min read · 22 June 2022

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