Europe

CRH Ventures will back construction and climate technology companies, operating across the construction value chain.

Union Square Ventures, which has invested in 17 climate-related companies in the past two years, has closed on $200m for its second climate fund to keep the dealmaking momentum going.

New Atomico report finds 8 in 10 European entrepreneurs say fundraising is harder this year. However, 45% say they are more confident in Europe’s ability to build global tech leaders than they were 12 months ago.

A new accelerator program from CEMEX Ventures is the latest in a growing number of projects rolled out by corporate venture funds in recent years to provide established industrial players with an inside track on evolving technologies.

One Peak, a growth investor targeting B2B software companies in Europe and Israel, has closed its third fund at its hard cap of $1bn.

Institutional investors are pulling back from venture funds and spending more time managing their private equity portfolios through secondary sales, a new Probitas Partners survey says.

The Swedish firm has invested in 15 companies – two of which have had exits – that are led by women or immigrants or are located outside the Stockholm area.

Motive Partners' deal to buy Embedded/Capital marks the fourth time this year that a venture firm has sold part or all of itself to a private equity firm or other investor.

EQT partner Lars Jörnow, who oversaw development of Candy Crush, explains why he is no longer excited about gaming, but instead focuses on companies serving the creator economy and electrification of traditional industries.