By partnering with multiple technical universities and engaging corporations seeking to innovate, the Brussels firm plans to fast-track commercialization of new technologies.
'Our focus and competitive advantage in this region has resulted in several exits with 10 times growth and exceeding $100m,' says founder and managing partner Nathaniel Harding.
Industry Ventures' 10th venture capital secondaries fund closed on $1.45bn, making it 70% larger than the firm's previous effort.
The small Kentucky-based firm has built an AI system that has enabled it to analyze more than 30,000 start-ups since 2019.
ICG's global head of ESG and sustainability Elsa Palanza linked anti-ESG sentiment in certain US states to a 'language problem' in the sustainability industry.
Korea Venture Investment Corporation is among at least 94 investors in the AI-focused firm's debut fund, which closed on $140m.
'LPs of firms that held onto stock after they exited and were hurt when stock prices went down should fire those fund managers,' Fred Wilson said at last week's NYC Summit.
The firm closed on $500m for its 11th flagship vehicle, which had a target of $600m.
The Innovation & Expansion Fund's investors include endowments, foundations and family offices.
The annual gathering of Black and Latinx entrepreneurs and investors offered practical advice for fundraising outreach to limited partners.