Iris Dorbian
The investors included Creaegis, BEENEXT, and Accel.
Investors include Declaration Partners, Euclidean Capital and True North Advisors.
Mehra is based in the San Francisco Bay area.
The investors include EQT Life Sciences, Forbion, Jeito Capital, Sofinnova Partners, Gilde Healthcare, Polaris Partners, Invus and UPMC Enterprises.
Vertex Growth Fund and Nexus NeuroTech Ventures led the round.
"It’s fair to say this fundraising was the smoothest, most efficient, and most oversubscribed fundraise we’ve had in the 20 years and 10 funds since I joined the firm," says partner Bruce Booth.
The fund is targeting pre-seed and seed opportunities within the artificial intelligence sector with a particular focus on infrastructure and enterprise applications across relevant verticals.
Fund I will focus on making Series A funding in European hardware and software ventures that accelerate the energy transition.
Fund III's LPs include UBS, WovenEarth Ventures, Rockefeller Brothers Fund, the McKnight Foundation and Zoma Capital.
The investors included Global Founders Capital and previous backer Poisedon Investment Management.