'The valuation environment is generally more rational now, even at the earliest stages, so it will be hard to justify a larger or even flat fund size, in most cases,' one LP tells Venture Capital Journal.
Cathryn Chen, founder of investment platform MarketX, has raised $30m for the debut fund of Radiate Ventures, which is targeting $150m.
The deal is related to newer early-stage venture funds backed by individual Tiger Global partners, who reportedly committed to funds from Better Tomorrow Ventures, Chapter One Ventures, Maple VC and Moxxie Ventures, among others.
-80x80.jpg "Insight Partners stung by $1.5m SEC fine")
The regulator said that from August 2017 through April 2021, Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.
Mike Collins, founder and CEO of Alumni Ventures, shares his vision for AV to ‘become the most AI-powered VC in the industry’ and the progress the firm has made so far.
Boost Capital Partners invests in pre-seed and seed companies "building exceptional user experiences to solve real-life problems."
Paul Todd will help TTV Capital's portfolio companies grow and scale their businesses and advise the firm's partners on investment decisions.
Menlo is currently fundraising for its 16th flagship fund, which is targeting $500m and has secured commitments from the New Mexico State Investment Council and University of Alabama System.
Bicycle Capital has raised $440mn for its debut fund, anchored by Mubadala Investment Company and Claure Group – the family office of Bicycle's founder, Marcelo Claure, former COO of Softbank Group.
Concerns over the manager's performance and its failed investment in FTX have made for a rockier road drawing in LP commitments.