Europe

Of the 14 most active LPs last year, six were government-backed entities that accounted for 75 of the 138 known commitments to VC funds, according to Venture Capital Journal research.

LPs include Renault Group, BNP Paribas Group, Bpifrance, European Investment Fund, Edenred, PSA Ventures, ComfortDelGro, Capricorn and Candriam.

The fund's investors include the European Investment Fund.

The UK-based firm emphasizes the timing of its primary and secondary investments in companies to produce impressive performance metrics.

XGEN Venture, a life sciences-focused venture capital firm based in Milan, Italy, has closed its inaugural fund at about €180mn.

Convinced that great founders can come from anywhere, AXA Venture Partners prefers funds that focus on regions with a high density of talented entrepreneurs.

Our LP Perspectives 2025 Study finds investors are warming to venture capital after giving it the cold shoulder.

The early backer of UiPath sees great promise in founding teams from Central and Eastern Europe who have grown more ambitious now that they see billion-dollar outcomes are achievable.

The emerging manager's strategy of investing in both VC funds and start-ups allows family offices to access the VC market through a single commitment, partner Daniel Sakovics tells Venture Capital Journal.

Fund I will focus on making Series A funding in European hardware and software ventures that accelerate the energy transition.