With $4.4 billion already raised this year, climate-focused venture capital funds are on track to surpass their $5.2 billion fundraising haul in 2023.
Investors in Fund II include the Grantham Foundation for the Protection of the Environment, the Dunn Family Charitable Foundation, Carbon Equity, Builders Vision and New Summit Investments.
Co-founder Til Klein describes Identity.vc as 'Europe’s first venture capital fund investing in early-stage LGBTQ+ led start-ups in Europe and beyond.'
Women-led venture funds are on track to raise a combined $2bn this year, down from $3.4bn in 2023, according to VCJ research.
At least five public pension funds have committed a combined $148m to Fund XI, which has nearly reached its fundraising target of $600m.
The aging of the population is 'the most uncontroversial transformation happening now to our society,' says Bruce Simpson, partner of AgeTech Capital.
Kettler, who had been with OpenView for nearly eight years, has joined Pillar VC as its chief financial officer.
Ventech's focus on generating liquidity for its LPs has helped the firm close on 'roughly two-thirds' of the €225m target for its sixth flagship fund, says president Jean Bourcereau.
A light-hearted session at the Impact Investor Global Summit was an opportunity for serious reflection on the direction of travel.
The new fund, backed by European Investment Fund, Ikea Foundation and Convex, among others, is one of four ocean-focused funds that have raised a combined $647m.