The Antler Elevate fund will provide scale-up capital from Series A onwards to early-stage companies that show compounding growth.
Pear is made up of 'some of the hardest working VCs I’ve ever met,' says Joanna Rupp, who manages the $2.8bn PE portfolio for the University of Chicago's endowment.
Sequoia China will adopt the name HongShan; Sequoia India/SEA will become Peak XV Partners; and the firm’s US/Europe operations will continue to be known as Sequoia Capital.
The San Francisco-based accelerator plans to more than double its AUM with a second flagship vehicle targeting $100m.
Pelion Ventures VIII, which is targeting $250m, has closed on about $146m from 22 investors.
After a strenuous fundraising effort, the pro rata rights investor managed to raise more than it did for its previous fund.
Talis Ventures III will lead seed and Series A rounds in tech infrastructure, climate and consumer internet companies across the UK, Europe and US.
Investors in previous Pear funds include the Inasmuch Foundation, Los Angeles Fire & Police Pension System, the Richard King Mellon Foundation and the Passport Foundation, according to Venture Capital Journal research.
The London-based VC firm’s newest partner, Payton Dobbs, hopes to broaden his impact in Europe by bringing monetization model insights to a wider range of nascent digital businesses.
Craft Ventures, whose co-founder helped to launch Florida Governor Ron DeSantis's presidential campaign on Twitter Space, has raised more than $1.6bn combined for three new venture funds.