Lawrence Aragon
Altai Ventures, an early-stage fintech investor, has closed its second fund at $53 million, beating its $50 million target.
Women of Influence honors women have made remarkable strides in their careers. They have set an example for young women thinking about careers in finance and knocked down obstacles for others who may follow.
Amadeus Capital Partners and Apex Ventures have held a first close on €28m for a joint venture fund that will invest in European deep tech start-ups. The fund is targeting €80m.
Rob Kniaz, co-founder of London-based venture capital firm Hoxton Ventures, is in talks with potential LPs about forming a new deep tech-focused venture capital firm, according to a report by CNBC.
There is some good news for investors worried about the drive by Republican state legislatures to divest or prohibit investments in funds with environmental and sustainability goals. Some public pensions – the deep pockets that have fueled the rise of ESG funds – are pushing back against lawmakers who want to tie their hands.
Global VC fundraising finally came back to earth in 2022 as firms worldwide closed on funds totaling $165.9bn, down about 8% from their record haul of $179.7bn in 2021.
RRE Ventures said it closed its eighth fund at $250m after ‘facing one of the most challenging fundraising environments in recent history.’
Tara Bishop, who was named to Venture Capital Journal’s second annual list of Women of Influence in Private Markets, has closed on nearly $40 million with partner Eileen Tanghal for their new healthcare-focused firm, Black Opal Ventures.
The anchor investor is German development bank KfW, and other LPs include the European Investment Bank, International Finance Corporation, Dutch entrepreneurial development bank FMO and Bpifrance Investissement.
The firm, which announced in 2021 that it would shift to a 'single fund structure,' said Sequoia Capital Fund LP is valued at $13.6bn.