Lawrence Aragon

Matthew Goldstein, who co-founded M12, Microsoft's venture capital fund, has joined Systemiq Capital, an early-stage investor in climate tech, as a general partner.

Signs of stress at venture capital firms are spreading as the industry confronts the first major economic slowdown in more than a decade.

The European early-stage and growth venture firm has closed on a combined €710m for Fund IX.

Vesey Ventures, a new women-led firm focused on early-stage fintech deals, has closed its debut fund at $78 million.

The $232m fund will invest in seed through Series C mobility-related start-ups.

If a silver lining is to be found in the dark cloud of Q1 fundraising, it may be in the success of venture funds focused on investments to combat climate change.

Define Ventures, which invests in digital health start-ups, has raised a combined $460m across a third flagship fund and and opportunities fund.

Reach Capital, which specializes in the education technology sector, has raised $215 million for its fourth core fund, according to an announcement on its website.

The fund's investors include institutional family offices, experienced founders and investors.

Investors are finding more opportunities to play in the venture debt space, which lenders say is especially attractive following the failure of Silicon Valley Bank.