Lawrence Aragon
Bee Partners IV, which closed on $50m, has already deployed 20 percent of its capital to seven companies, including three generative AI start-ups.
Shield Capital co-founder Philip Bilden shares how the firm raised four times more than a typical first-time fund and secured commitments from endowments, pension funds, insurance companies and other institutional investors.
We refined our methodology to focus on capital raised for classic VC capital funds and didn’t include capital raised for growth equity.
The women-led firm has raised $57.2m for its fourth fund, whose investors include Mizuho Americas.
Led by partners Edward Kliphuis and Simon Turner, Sofinnova Digital Medicine I targets enabling technologies, analytics and treatment.
'We’re going to see [LPs] asking investors to be more patient, to not call capital, to extend the life of that fund and really slowly deploy capital until we see start seeing more returns,' says Jackie Spencer of SVB.
Giraldo is a former partner at Deetken Impact Alternative Finance, an impact investing fund.
The new $150m fund 'sees a unique opportunity for value creation and return potential among founders who have been historically underrepresented and overlooked,' the firm says.
Venture funds worldwide raised a combined $76.3bn in the first nine months of this year, down 45% from the same period last year
From new tools to improve operations to a strategy shift at Greycroft, AI is having a noticeable impact throughout the venture industry.