Lawrence Aragon
Insight Partners closes on a combined $12.5bn for Fund XIII along with a buyout co-invest fund and opportunities fund, short of Fund XIII’s target of $20bn.
If the slumbering exit markets wake up, VCs may see LPs become more receptive to fundraising pitches.
Waterpoint Lane Sustainability Fund I reportedly had a target size $7.54m.
Venture capital funds closed on $104.7bn worldwide in 2024, or 18% less than they raised in 2023, according to our annual Global Venture Capital Fundraising Report.
Origin Ventures, an early-stage technology investor, has promoted Jacquie Marshall Siegmund from principal to partner.
Saisei Ventures has appointed Dr. Sven Kili as a partner to help advance Japanese biotechnology and therapeutic innovations.
The fund's investors include the European Investment Fund.
Amit Agarwal, who stepped down as president of Datadog at the end of 2024, has been named a general partner at Iconiq Growth.
VCs invested a total of $9.1bn in emerging venture markets in 2024, down from $15.3bn in 2023 and a high of $25.1bn in 2021.
Sherpa Healthcare Partners has named Raymond W. Cohen as a venture partner.