Europe

Revaia has closed its first fund at €250m and is already planning a second fund that it hopes 'will have an even greater impact.'

Early-stage investor XAnge raises €125m and expects to close on €200m in six months.

Talis Capital and Speedinvest co-lead the round, which included BoxOne Ventures.

European Women in VC, led by senior venture investors across Europe, presented data on the lack of gender diversity and is calling for increased funding for women-led venture funds and start-ups.

Dawn Opportunities Fund II will invest up to $30m in the growth rounds of the firm's best-performing companies.

Following the US SPAC boom of 2020 and Q1 2021, many US-based SPACs are snatching up European targets for high valuations.

Private equity firms Tiger Global and Coatue are among the largest investors in VC-backed firms, according to FactSet.

Venture Capital Journal caught up with M12's managing director Matthew Goldstein to discuss the landscape for investing in Europe and why the conditions are ripe for growth in seed-stage investing.

The fundraise is part of total capital commitments of $1.5bn across the most recent series in the firm's family of funds.