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The Michigan firm closed on $50m for its second fund, nearly twice the size of its debut, as it seeks companies outside of traditional tech hubs.

A new survey from Goldman Sachs Asset Management found that 48 percent of LPs plan to increase their allocations to secondaries.

The Canadian early-stage investor plans to invest larger amounts in more kinds of fintech start-ups with its larger sophomore fund.

By partnering with multiple technical universities and engaging corporations seeking to innovate, the Brussels firm plans to fast-track commercialization of new technologies.

'Our focus and competitive advantage in this region has resulted in several exits with 10 times growth and exceeding $100m,' says founder and managing partner Nathaniel Harding.

Industry Ventures' 10th venture capital secondaries fund closed on $1.45bn, making it 70% larger than the firm's previous effort.

EJF Ventures Fund LP invests in early-stage financial technology companies developing products across the financial services industry.

The small Kentucky-based firm has built an AI system that has enabled it to analyze more than 30,000 start-ups since 2019.