Myriad Venture Partners has closed on about half of its $200m target, with support from its former parent.
Practica Capital, a Lithuanian venture capital firm, has closed its third fund at a hard-cap of €80m.
To generate liquidity for limited partners in its first fund, Primary Venture Partners has completed a $95 million secondary strip sale to StepStone Group, Venture Capital Journal has learned.
Global venture capital fundraising experienced a significant decline in 2023, but it was the fifth consecutive year when the total exceeded $100bn.
Exclusive research by Venture Capital Journal found that more than 160 women-led venture firms have raised a combined $6.5bn since the start of 2022.
NMSIC committed $10m to Next Frontier Capital's fourth fund, which is targeting $125m to invest in B2B tech companies in the Rocky Mountain region.
Menlo Ventures' newest partner, Rama Sekhar, says 'it’s still too darn hard for [enterprise] companies to deploy AI.'
ArcTern closed on $335m for its third climate-focused fund, including a $25m commitment from Canadian Pension Plan Investments.
Firm founder Jason Howard says New Catalyst Strategic Partners plans to initially do seven to 10 deals, with investments between $60 million and $75 million or more.
Chris McKinnon, who recently joined Morrison Foerster from SoftBank's in-house legal team, expects to see dealmaking pick up this year.