PEI Group Data

The Canadian VC's sophomore fund, which is targeting $125m, held a first close on $58m, with support from Ceniarth, Equality Fund, KfW, Skoll Foundation and Wire Group.

With some $3bn allocated to venture capital, the Swedish firm is a heavyweight in the asset class. Head of private equity and infrastructure Stefan Fällgren explains how the investor works with VC managers.

CIO Michael Trotsky reports the $130bn system is looking to rectify historic access issues to top GPs and an underweighted position to AI, space and defense sectors.

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

Ohio's $23.4bn public school employees' pension is the latest LP to invest in the fund, committing $50m.

The backer of serial entrepreneurs across Europe, the UK and US has secured a $40m commitment from the British Business Bank.

The acquisition of Cursor for $60bn will generate a massive return for at least one small VC, but the biggest winners will be large firms that have dominated fundraising.

Menlo has doubled the size of its co-investment vehicle designed to give LPs exposure to Anthropic and other AI companies, a source tells VCJ.

Hype over AI-related productivity gains may be masking how AI agents hurt skill building and mastery by software engineers.

Hoxton Ventures' Hussein Kanji believes European AI companies have a real chance to win global categories.