Commitments

MV Core Fund III's limited partners include GCM Grosvenor, the Illinois Growth and Innovation Fund, AvalonBay, Essent and real estate companies.

The early-stage B2B software investor announced it has closed its fourth fund at $160m.

Including MCJ's new fund, climate fundraisers worldwide have now raised $6.9bn for 25 venture funds this year, according to Venture Capital Journal data.

The $50m SparkLabs AIM AI Fund will invest in AIM-X accelerator participants along with AI start-ups across the globe.

G Squared VI will focus on the tech subsectors of software-as-a-service, fintech, insurtech, mobility and consumer internet.

The pension system has committed a combined $167m to six venture funds this year, up from a single $30m VC commitment in 2023.

Since HNWIs have 'a larger share of their wallet in cash or public equity that trades at all-time highs, they have ample liquidity to commit to private equity,' says co-founder and CEO Jacqueline van den Ende.

Builders VC is seeking $400m for its third fund, 60% more than Fund II, to invest in start-ups seeking to 'modernize antiquated industries'.

The fund is backed by 24 NATO allies.

The capital needed to grow category-leading companies up north is beyond the capacity of LPs in Canada, which could make fundraising by VC managers more difficult.