Emerging Managers

How Alka Goel started one of the few women-led venture funds in India – and how she plans to maintain her momentum with her second fund.

Banco de Sabadell and the European Investment Fund committed to the sophomore vehicle, which raised €180 million.

'Our thesis is a long-term thesis: this generation of consumers growing up online are in college or already working, so it’s inevitable that our worldview comes true,' says co-founder Jason Yeh.

The $100m fund was anchored by Horsley Bridge Partners and included nine high-profile VCs, including Marc Andreessen and Fred Wilson.

The early-stage investor closed on half of its sophomore vehicle just three months after holding a final close on its first fund.

Founded by a McKinsey & Co alum, Alkemi recently held a first close on about $50m for its sophomore fund, which is targeting $75m.

In an effort to raise a debut fund, one firm has reduced its minimum LP commitment, set up a mechanism to accept donations and held a poker tournament for potential LPs.

The venture industry went 'from a nascent practice to a consensus component of institutional portfolios,' says Asylum founder and partner Nick Chirls.

The woman-led firm only invests in founders over age 50 who are using new technologies to build disruptive companies in industries where they have deep experience.

The growth equity fund manager has launched fundraising for a foodtech-focused venture fund located in Boise, Idaho.