Latin America

ABSeed Ventures, a Brazilian investment firm focused on early-stage B2B SaaS start-ups in Brazil and Latin America, announced it has raised $30 million for its third venture capital fund.

The fund's investors include British International Investment, the Dutch entrepreneurial development bank FMO, IDB Invest, International Finance Corporation and Mastercard.

Giraldo is a former partner at Deetken Impact Alternative Finance, an impact investing fund.

Investors in the new funds include California Public Employees' Retirement System, New Mexico State Investment Council, Alaska Permanent Fund and the Fire and Police Pension Association of Colorado

Boost Capital Partners invests in pre-seed and seed companies "building exceptional user experiences to solve real-life problems."

Bicycle Capital has raised $440mn for its debut fund, anchored by Mubadala Investment Company and Claure Group – the family office of Bicycle's founder, Marcelo Claure, former COO of Softbank Group.

The fintech investor raised $650m for its eighth early-stage fund and $275m for its second growth fund.

Global venture capital fundraising plummeted in Q1, with fewer than 100 funds closing on a combined $26.7bn, according to Venture Capital Journal research.

When former German Chancellor Willy Brandt wrote a paper about addressing economic inequality in 1980, there was no way he could have known he would inspire a new venture firm in 2023.