Europe

Fund II will target Nordic and European early-stage companies in the B2B, SaaS, digital entertainment and fintech sectors.

Early-stage Swedish venture firm says it is 'very bullish about the prospects for Europe.'

Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.

Co-founder Til Klein describes Identity.vc as 'Europe’s first venture capital fund investing in early-stage LGBTQ+ led start-ups in Europe and beyond.'

Ventech's focus on generating liquidity for its LPs has helped the firm close on 'roughly two-thirds' of the €225m target for its sixth flagship fund, says president Jean Bourcereau.

The investor's climate opportunities program, which raised raised £1.4 billion in 2022, has raised an additional £1.2 billion in commitments.

LPs in Accel London VIII include the Delaware Public Employees' Retirement System, which committed $25 million.

Venture firms worldwide closed on $15bn in the first quarter. It was their smallest fundraising haul since Q3 of 2017.

To address Europe's 'Series B Death Valley' for climate tech companies, World Fund has set aside €200m of its new €300m fund for follow-on investments in its best-performing companies.