Inovia Growth Fund III closed on $300m this month and will now focus on raising the rest of its $450m target.
Partner John Avirett chalked up the fundraising success partly to the fact that 'there’s very high-quality assets that are stuck privately where we have the unique ability to invest in them.'
LPs include Mubadala Investment Co, tech investor Yuri Milner, Bolt Ventures, Boxfish Corp, Ferguson Capital II, Lakefield Enterprises III, NJF Capital Corp and RIT Capital Partners.
The Climate and Nature Impact Venture Fund, which is targeting A$150 million, has an anchor commitment from Queensland Investment Corporation
Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.
WndrCo says the funds will target 'high-potential companies solving big problems across the future of work, consumer technology, cybersecurity and developer infrastructure.'
Early-stage Swedish venture firm says it is 'very bullish about the prospects for Europe.'
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.'