Deep Tech

The reach of artificial intelligence now spans the entire drug pipeline, prompting Big Pharma to reconsider outsourcing innovation.

The £35bn retirement scheme, a longtime VC investor, works with external GPs at the seed stage, says head of UK productive assets Julia Diez.

The Australian firm has beaten its own record of A$1.03bn set in 2022, securing commitments from a host of domestic and overseas LPs.

Trained as a quantum scientific researcher, Kris Kaczmarek shifted his career focus to venture capital, excited by what a quantum-focused funds were building.

Backing start-ups in the AI and robotics space, as well as in the consumer products and services sector, Align's recent exits include the IPOs of SpaceX and EquipmentShare.

The Dallas-based venture firm has made 13 investments from the new fund to date, spanning the space, defense and deep tech sectors.

Limited partners in prior funds include Argyros Family Foundation and Oregon Growth Board.

Most of the $1.3bn in venture commitments are to firms that the LP has longstanding relationships with, but it's also backing emerging managers spinning out of brand-name firms with strong track records.

Some firms say using AI for due diligence gives them an edge over competitors that still do things the old way.