Venture
British Patient Capital commits $50.8m to Evolution Technology Fund III
Evolution Equity Partners has raised $1.1bn for its latest vehicle
Seraphim Space’s sophomore venture fund holds first close
The new fund is aiming to build a portfolio of approximately 30 companies
bValue raises €90m to back tech scaleups in CEE
The announcement comes a year after bValue’s first close
Lakestar closes latest fund generation on $600m
Lakestar Early IV and Lakestar Growth II will focus their investments in AI, digitalisation, deeptech, healthcare and fintech
French VC Quantonation raises €70m
The fund is dedicated to investing in quantum technologies
Ascension raises £17m
The new fund will target "impact dragons"
World Fund closes debut vehicle
The vehicle is the largest first-time fund in European climate VC history
IVP banks $1.6bn for 18th VC fund
The vehicle is 12% smaller than its predecessor
YFM closes VCTs fund on £90m
The announcement follows the close of YFM’s Buyout Fund III on £95.5m last year
Turquoise and Redwheel launch UK climatetech growth-stage fund
The fund is targeting more than £100m
Venture Views: Zebra Impact eyes smorgasbord of agrifood investment opportunities
Real Deals' Shivani Khandekar sits down with co-founder Fabio Sofia to understand the impact investor’s thesis and fundraising plans
British Patient Capital invests in Earlybird
The sophomore health fund has closed on €173m
Picus Capital’s second vintage holds first close
The VC firm has reached 70% of its €200m target
British Patient Capital commits funds to Episode 1’s Fund III
The third fund from the specialist early-stage technology investor fund has closed on £76m
Speedinvest closes fourth fund on €350m
The firm was established in 2011 and has an AUM of more than €1bn today
Future Energy Ventures banks €110m for new fund
FEV was launched in 2016 and is backed by E.ON
Partech launches €360m venture fund
The fund’s predecessor reached its hard-cap of €400m in June 2017
Fund in Focus: Revaia Fund II holds first close on €150m
Fund II has already invested in three firms, Alice Albizzati tells Real Deals
Finnish VC announces first co-investment fund
The vehicle will invest in early-stage Finnish startups alongside angel investors
British Patient Capital invests in European SaaS VC
Oxx has closed its second fund on €172m
Fund in Focus: Kvanted Ventures closes maiden fund on €70m
Kvanted Fund I has already completed two acquisitions
How Northern Gritstone won pension fund backing
CEO Duncan Johnson tells Real Deals how the VC secured more than 70% of its £312m worth of commitments from pension funds
Sofinnova Partners closes digital medicine fund
The VC surpassed its initial target by 28%, a source told Real Deals
Fund in Focus: Breega holds first close of new €150m vehicle
Europe Seed III fund, which has a hard-cap of €200m, is expected to complete next year, partner Dan Shellard tells Real Deals
Hi Inov holds €75m first close on third VC fund
The firm is targeting a total of €150m for the SFDR 8-rated fund
Fund in Focus: Ananda Impact Ventures realises first ever VC impact fund
In conversation with Real Deals, founder and managing partner Johannes Weber chats exit strategy and lays out the firm’s impact carry model
SET Ventures raises €200m for fourth fund
The Amsterdam-based VC looks is eyeing investments in technology companies that are shaping a carbon-free energy system
Dawn Capital raises $700m through two funds
Together, the funds will help the PE firm to back companies from series A all the way to exit
Astanor Ventures closes sophomore fund on €360m
Established in 2017, the firm aims to identify innovative technologies that will drive the bioeconomy
NordicNinja VC closes sophomore fund on €200m
Fund II is approximately twice the size of the VC’s first fund
Air Street Capital raises $121m for sophomore fund
The firm has announced investments in three businesses from its second fund so far
PhotonVentures raises €60m to supercharge European photonics startups
The VC firm is targeting €100-150m and expects to hold a final close towards the beginning of 2024
FinTech Growth Partners launches Growth Stage FinTech Fund
Vehicle to make minority investments with tickets sized between £10m and £100m
Eurazeo’s Smart City Fund II holds final close on €400m
At least six new investors including PFR, IMC PanAsia and others contributed to the fund, Real Deals understands
LGT CP’s CGR IV fund holds final close on c.$930m
The fund will invest in primary venture capital and growth-stage funds
FemuQuì Ventures’ Travalcà fund holds first close on c.€20m
The fund is classified as Article 8 under the EU’s SFDR
Notion Capital V holds final close on €300m hard-cap
Notion’s latest flagship venture fund is almost double the size of its predecessor
Isomer Capital III holds first close on €250m
Aiming to deploy the fund-of-funds over three years, the firm will invest between €5m and €10m in 20 early-stage funds in the UK and Europe.
Talis Capital’s Ventures III fund holds first close on $175m
So far, the new fund invested in three founding teams, including London-based credit security platform Bondaval and San Francisco-based carbon-negative textile company, Rubi Laboratories.
Fund in Focus: Gilde Healthcare raises €600m for Venture & Growth VI fund
Speaking to Real Deals, Pieter van der Meer, managing partner at Gilde, said the vehicle reached its target size but still has “room for latecomers”.
Elaia DV4 holds final close on c.€200m
New and existing investors to the fund include Bpifrance, the European Investment Fund, MGEN, BNP, BRED, tech entrepreneurs from Elaia’s portfolio and a number of family offices.
Spanish VC Bullnet Capital holds first close of fourth fund on €40m
The vehicle is almost twice as big as its predecessor, which closed on €43m, and is aiming to hold its final close by the end of this year.
IBB Ventures launches fifth generation of VC funds
The funds will primarily be used to provide early-stage financing for Berlin-based startups, which the firm has been backing since its inception in 1997.
Summit Partners closes fourth European growth equity fund on €1.4bn
Summit Partners Europe Growth Equity Fund IV will target minority and majority equity investments between €20m and €80m in Europe-based companies.
ODDO BHF launches VC fund
With a target size of €200m, the fund aims to build a portfolio consisting of stakes in venture capital funds and non-listed technology companies in the US, Europe and Asia.
Exclusive: NewSpace Capital reach €105m first close for space-focused fund
The fund, which officially launched earlier this year, has a target size of €250m and plans for a final close before the end of 2023.
London’s One Peak closes third fund on $1bn
The vehicle was on the road for seven months, having launched towards the end of February this year and held a first close in April.
Partech reaches €120m close for fourth seed fund
Partech Entrepreneur IV will back around 50 founding teams based in Europe, the US and Southeast Asia, at the pre-seed and seed stages.
Scania launches East Hill Equity-managed, SEK 2bn VC fund
Scania Growth Capital, a venture capital partnership between Scania, the Swedish truck maker, and Stockholm-headquartered East Hill Equity has launched a new investment vehicle, Scania Growth Capital II.
Impact Expansion passes €50m mark for first close of debut fund
Impact Expansion Fund I, which aims to support profitable SMEs in the environment, employment and health sectors, has a target size of €120m with a hard-cap of €150m.
bValue holds €72m first close for debut growth fund
The fund, which has secured commitments from institutions, family offices and private individuals, follows on from two early-stage funds managed by bValue, with a combined value of €20m.
EQT Ventures closes third VC fund on €1.1bn
The Stockholm-based VC firm told Real Deals its third fund was “raised and closed relatively quickly”, and is an indication of investors' appetite for early-stage assets in a challenging economic environment.
Polish VC firm raises second fund worth €80m
Market One Capital's second fund is nearly double the size of its maiden vehicle. The fund will invest in early-stage businesses focused in the CEE region.
French family office Otium Capital launches €150m VC fund
The Resonance fund will be led by Maxime Le Dantec and Alban Oudin, who have worked at VC firms Balderton and XAnge respectively.
New cybersecurity-focused VC 33N Ventures launches with €150m target
33N Ventures, a new early growth-stage cybersecurity VC backed by Alantra, has launched a €150m fund to invest in specialised cybersecurity and infrastructure software companies.
83North raises $400m for latest fund
With this, the firm’s total capital under management has topped $2.2bn.
Ada Ventures holds £36m first close for second fund
Ada Ventures has secured British Business Bank as a cornerstone investor, through its Enterprise Capital Funds programme.