Venture funds worldwide raised a combined $76.3bn in the first nine months of this year, down 45% from the same period last year
Cathryn Paine’s top priority as Anzu Partners’ most recently appointed partner is recruiting top science and engineering talent for its portfolio companies.
From new tools to improve operations to a strategy shift at Greycroft, AI is having a noticeable impact throughout the venture industry.
The Houston-based firm is targeting $150m for its debut fund.
AI mania appears to have driven investors to pour another $26 million into Sound Ventures AI Fund, boosting the total to $265.8 million, according to a new regulatory filing.
The seed investor focuses on start-ups located in Utah and other Mountain states.
With a single natural language prompt, the company aims to improve clients’ access to their siloed data systems and make better use of their technology investments.
Innovation Endeavors, an early-stage tech investor co-founded by Google's former chief executive, has closed on $600m for its fifth and largest fund to date.
“Nothing the managers said today gave me any confidence that we’re going to get distributions to the level of NAV they’ve marked on their portfolios,” says Marin County board president Sara Klein.
With $23bn raised by new climate funds so far in 2023, the largest increase in the number of funds has been in smaller vehicles under $50m.