💼 Pender Ventures Closes $100M Fund to Fuel Canadian Tech Growth 💼 Pender Ventures has announced the final close of its Technology Inflection Fund II LP at over $100 million, with significant support from Alberta Enterprise Corporation (AEC). The fund is set to drive growth for scalable Canadian tech companies, focusing on health tech and B2B sectors. “We’re thrilled to welcome AEC as a valued partner,” shared Maria Pacella, Managing Partner at Pender Ventures. This partnership reflects a shared commitment to empowering Canadian entrepreneurs and strengthening the national tech ecosystem. AEC’s backing aligns with Alberta’s emphasis on health and life sciences, sectors crucial for the province’s innovation landscape. Additional support from Canadian investors, including the Export Development Canada | Exportation et développement Canada, BDC Capital, and CIBC, underscores the national support behind Pender’s mission. With this fund, Pender Ventures is poised to empower transformative companies across Canada, driving impactful growth in technology and healthcare.
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Today, Giant Ventures is announcing two new funds, totalling $250M: a $100 million seed fund to back early-stage companies with conviction, and a $150 million climate-focused growth fund to provide scale-up capital to the world’s leading climate technology companies. This fresh capital fuels our mission of backing purpose-driven founders solving the world’s biggest challenges, from climate and health to inclusive capitalism. In a harsh fundraising environment, it’s a testament to the first 40 incredible teams we’ve backed, the hard work of the Giant team, and our world-class LPs. We started Giant for two reasons: 1. We believe human creativity applied to technology will continue to be the driving force that shapes the world, and that entrepreneurship is the best vehicle for solving the world’s biggest challenges. 2. The entrepreneurs tackling these challenges deserve mission-driven investors, who understand the founder's journey. While 92% of European venture capitalists have never worked at a startup, Giant is a team of former founders, operators, and global leaders with deep networks in both the US and Europe. We partner with the most ambitious founders using technology as a force for good and once we invest, throw the the full weight of the Giant ecosystem behind them. Since we launched, we’ve invested in some incredible companies including the likes of Agreena (Europe’s leading soil carbon platform), Field (energy storage startup), Doccla (Europe’s leading virtual hospital ward), and Calm (the global mental health app). Milestones like these offer a moment for reflection. Thank you to all the founders and investors who have trusted us thus far, and folks who have helped us on our way. We’re committed to building the world’s premier engine for purpose-driven innovation, delivering exceptional returns and positive impact. Today is an important step toward that vision. Like the Giants we’ve backed, we’re just getting started.
Amid a fairly flat European market, Giant Ventures raises $250M to invest transatlantically | TechCrunch
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🚀 Exciting News Alert! 🚀 I'm thrilled to share some exciting updates with you all! As many of you know, we run an 8-week accelerator program where we have the unique opportunity to closely interact with innovative ventures and their founders. It's an incredible experience that gives us insights into their potential like no other. Even more thrilling, I'm delighted to announce that our friend and Super Bowl-winning former Ravens player, Kyle Richardson, is working with a group to launch a fund to invest in some of the outstanding ventures that go through our accelerator. What makes this fund truly unique? Let me break it down for you: 1️⃣ No 2/20 Model: Unlike traditional venture capital funds, there's no 2/20 model here. The focus is solely on supporting ventures and the investors. 2️⃣ Minimal Management Fees: The only management fee will be to keep us in compliance, ensuring that more investor capital goes towards fueling the growth of our ventures. 3️⃣ Fair Carry Structure: The only carry will be the fee to distribute the funds, ensuring that returns are maximized for LPs and founders alike. And that's not all! Our Managing Director is none other than Alfred Ko from StepStone Group, a renowned funder of funds. With Alfred's expertise, LP capital will go to ventures and founders who have earned it. 📅 Save the Date: There will be an informational session this Thursday at 4 pm where you can learn more about this novel approach to creating a fund that is both LP and founder-friendly. You will also meet three ventures who the team feel is a good bet. For more details, check out the story on the fund https://lnkd.in/e-c7kN64. Thanks to the ever-awesome Alanah Nichole Davis Let's revolutionize the way funds support founders and investors together! 💡 #VentureCapital #Founders #Innovation #Investing
Ex-Baltimore Raven Kyle Richardson’s new fund for Towson startups
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BrightCap Ventures launches a €60m successor fund to invest in founders from Rising SEE! 🚀 Building on their successful first fund, with Fund II BrightCap aims to invest in unique, globally scalable and impactful tech companies born out of Rising Southeastern Europe. The fund focuses on three priority verticals: Future of Work, Digital Health, and Fintech. The majority of initial investment tickets will be aimed at the pre-seed and seed stages, in the €0.4m to €3m range. Noteworthy is their diverse team—BrightCap is one of the very few VCs with a female majority among its General Partners. "BrightCap II is an exciting new step for us - larger scale fund with a wider scope and even greater ambitions than our first. At the same time, our philosophy of working with deeply technical founders with domain expertise and global reach from day one hasn't changed. It keeps us grounded in the AI era where opportunities seem everywhere, but lasting technology winners can be built by few" - comments Georgi Mitov "We are thrilled to continue partnering with incredible entrepreneurs in our region and from the diaspora abroad. The first few investments from Fund II are already in the closing stages and we cannot wait to share what we've been working on once they are finalized.” - says Elina Halatcheva “The tech industry is facing a pivotal moment. With BrightCap II, we have the opportunity to capture the next generation of category-defining companies from our region and nurture them to success. I look forward to bringing my tech enterprise experience in support of SEE startups to scale their businesses and reach global markets.” - adds Diana Stefanova Congratulations to the whole team! 🎉 cc: Dimitar Korsakov Roumen Jordanov Veronika Nacheva
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I’m thrilled to share that I have joined True Global Ventures Global Ventures (TGV) as GP-in-Residence. TGV is known for delivering exceptional results for investors and entrepreneurs. Its Fund 4 performance is in the top 3% globally of 2021 vintage funds. With a strong presence in North America, Europe, and Asia, TGV is at the forefront of building global B2B technology companies in AI, Sustainability, Enterprise Efficiency, Web 3.0, and other sectors. This new adventure integrates the three business activities I enjoy most: venture investing, strategic advising, and company-building. At TGV, I’ll be investing in and working with visionary companies across multiple TGV funds. I will also be assisting portfolio companies via a variety of TGV programs – from strategic customer and candidate introductions and helping secure capital, to hosting highly curated global events that foster connections throughout our ecosystem. I’m particularly excited to collaborate with TGV’s multicultural team of Partners. They are savvy entreprenuers and experts in technology and finance from around the world. Most importantly, they are united by a shared mission: To help entrepreneurs surpass their most audacious goals. The leaders of TGV’s portfolio companies are an inspiring group as well. They are spearheading innovation and disruption across multiple sectors. Just a few examples: * Sarah Eley and Aman Mohindra at BookitNGo are injecting hyper-personalization and flexibility into travel. * Jean-Rémi de Maistre is leading the Jus Mundi team in empowering the legal profession with cutting-edge AI tools that are transforming the field. * Pascal Gauthier and the Ledger team are bringing trust and security to the Wild West of digital assets. It’s a new beginning, but not an end! Since 2021, our team at West Coast Equity Partners (WCEP) raised two Scale-Up Unicorn Funds and invested in over 50 of the fastest-growing technology companies. My personal goal was also to expand access to such highly sought-after, late-stage investments for a broader and more diverse community. I formed Falcon Peak Capital to facilitate those objectives, and in partnership with WCEP, we quadrupled the number of women and minority LPs and significantly raised the proportion of diverse management teams in the firm’s portfolio. My deepest gratitude to my partners, Alex Lazovsky, Sergey Yushin and Anton Baranchuk for the teamwork, trust, and support they’ve shown to me. No doubt we will continue to collaborate for years to come. I am also continuing my work with Athena Alliance where we're creating an Investor Academy to educate and inspire more women to participate in private equity and claim their power to decide which problems get solved and which entrepreneurs solve them. TGV's commitment to diversity in both its own team and its portfolio companies aligns perfectly with my personal mission of building a more inclusive and accessible venture ecosystem.
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Here come some exciting fund #announcements we tracked over the past weeks! 🇩🇪 Speedinvest 4: €350M Speedinvest has successfully closed its fourth fund, raising €350 million, surpassing the initial target by €50 million. Since its establishment as a €10 million fund in 2011, Speedinvest has grown to manage over €1 billion in assets. Speedinvest 4 focuses on early-stage investments and has already made various sector-focused investments across Europe, including finres, Surfboard, Fertifa, cylib, NeoCarbon, and Fairlyne. The firm, with offices in Berlin, London, Munich, Paris, and Vienna, boasts the largest Seed stage investment team in Europe, spanning Climate Tech & Industrial Tech, Deep Tech, Fintech, Health & TechBio, Marketplaces & Consumer, and SaaS & Infrastructure. Speedinvest is recognized as a leading pre-Seed and Seed investor in Europe, actively supporting startups and contributing to the growth of the European innovation ecosystem. 🇬🇧 Giant Ventures Seed & Growth: $250M Giant Ventures, a UK-based VC known for transatlantic investments, has raised $250 million across two new funds. The funds comprise a $100 million seed fund for early-stage companies and a $150 million climate-focused growth fund targeting Series B companies. The firm, led by former founders and operators, emphasizes investments in climate, health, and purpose-driven startups. Giant Ventures has already made 10 investments from these funds, including notable ventures like Calm and Agreena. Half of the capital will go to European companies, including the UK, and the other half to US companies. The diverse advisory board includes figures like Lord Browne and 23andMe founder Linda Avey. Giant's LPs include BMW Group, Henkel, RIT Capital Partners plc, and Sir Richard Branson. 🇺🇸 Ubiquity Ventures III: $75M Ubiquity Ventures, led by solo general partner Sunil Nagaraj, has secured $75 million for its third fund, following its previous funds of $30 million in 2018 and $51 million in 2020. Nagaraj, with a background at Bessemer Venture Partners, focuses on early-stage startups contributing to the concept of "software beyond the screen," involving the use of software to navigate, perceive, understand, and control the real physical world. The fund has already made four investments, including companies like Croptide, Halter and Loft Orbital, among others. Nagaraj plans to make approximately 20 investments, providing $1 to $2 million for seed rounds and Series A. Additionally, he takes a board seat at the seed stage, a practice he acknowledges as unconventional. Which of these is your #favorite? 💙 If we‘re missing one, let us know in the comments! Or simply insert it yourself here https://lnkd.in/eD6ak3J4
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Unorthodox Ventures (LSI Europe ‘24 Investor) invests in early-stage startups worldwide, often helping overseas companies open their first American offices. Backed by the resources of a VC but driven by a single LP, Unorthodox Ventures makes swift investment decisions with a focus on long-term success. They typically invest in Seed and Series A rounds, with check sizes ranging from $1 million to $5 million, and follow-on investments are common. What sets Unorthodox Ventures apart is their team’s deep expertise in engineering and marketing. They provide portfolio companies with invaluable support in PR, manufacturing, and go-to-market strategies, particularly for pre-revenue startups. Their commitment extends beyond capital. Unorthodox Ventures offers portfolio companies free access to their Austin headquarters, complete with a 30,000-square-foot warehouse for storing trade show booths, products, and sales collateral. For startups opening an American office, Unorthodox Ventures provides space for first employees while a permanent location is secured. Unorthodox Ventures Portfolio includes companies like: • Akura Medical (Murali Srivathsa) • ConKay Medical Systems, Inc. (LSI Alumni - Albert Yuan) • Sonavex (LSI Alumni - David Narrow) • Third Pole Therapeutics (Bill Athenson) • among others We’re excited to welcome Daniel Allen, PhD, Principal at Unorthodox Ventures, to LSI Europe in Sintra, Portugal this September. Want to see what other investors are joining us at LSI Europe ‘24? Head over to our website to see a preview of nearly 200 confirmed investors.
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.406 Ventures successfully closes its Fund V 🚀 "We're thrilled to announce .406 Ventures' latest milestone: closing its fifth fund with $265 million!" exclaimed Liam Donohue, Co-founder of .406 Ventures. With a resolute focus on enterprise startups in healthcare, data & AI, and cybersecurity, the Boston-based firm continues to make waves in the tech investment landscape.💰 🤝Founded by Donohue, alongside Maria Cirino and Larry Begley, .406 Ventures has been a beacon of innovation for over 18 years. Their commitment to nurturing early-stage companies has resulted in a diverse portfolio of 87 companies, boasting notable exits like Iora Health and Carbon Black. 🌟This latest fund brings their total capital raised to an impressive $1.4 billion, solidifying their position as industry leaders. "In an evolving tech landscape, .406 Ventures remains steadfast in its mission," says Donohue. "We leverage the rich resources of the Boston ecosystem while embracing opportunities on a national scale. Our goal is to empower visionary founders and drive impactful growth." 🎯One of the key elements contributing to .406 Ventures' success is its dedication to fostering long-term partnerships. "We're seeing a surge in repeat founders," notes Donohue, "a testament to the trust and value we bring to the table. Building lasting relationships is at the core of what we do." 🔎The firm's investment philosophy is centered around identifying emerging trends and tapping into expert networks to stay ahead of the curve. "With investments in innovative companies like Portrait Analytics," Donohue explains, "we're positioned to lead the charge in shaping the future of healthcare, data, AI, and cybersecurity." 💡As .406 Ventures embarks on this exciting new chapter, they invite entrepreneurs and investors alike to join them on their journey. "Our vision is to continue empowering visionary founders and driving meaningful change in the tech landscape," says Donohue. "Together, we can unlock new possibilities and shape the future of enterprise innovation."💪 🎌Join .406 Ventures on their mission to drive innovation and create lasting impact in the world of technology investment! ✅ Looking to raise capital for your #fund and increase the international pool of #investors? 📝 Selling #secondaries to increase liquidity? ▶ For inquiries and pitch decks please use this link https://lnkd.in/gjC_EuTE #VentureCapital #EnterpriseTech #HealthcareInnovation #DataAnalytics #AI #Cybersecurity #StartupSuccess #InvestmentLeadership #BostonTech #InnovativePartnerships #FutureForward #VCInvesting
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Munich-based Vanagon.vc recently launched fund to heavily invest in the B2B green transformation space. 💸 ‘First closing for the first fund of €30 million, which they were able to complete after just 6 months.’ 💭 “We support young startups, who can solve the challenges of a green transformation with innovative technologies and even make them profitable, with capital, know-how and a network” - Susanne Fromm, General Partner of Vanagon Ventures 💡 ‘Focusing on #B2B start-ups that are transforming the digital green transformation. The investment focus of the venture capital fund is on young founders who, for example, use #tokenization through distributed ledger technology (#DLT) and artificial intelligence (#AI) to create innovative solutions for a sustainable and competitive future. 🌍 While their focus is Europe, Vanagon Ventures also invests globally. 📈 ‘To date, Vanagon Ventures has invested in ten startups.’ 🗞️By Stefano De Marzo EU-Startups https://lnkd.in/eBKq5B_V 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Axel Roitzsch I Sandro Stark I Team Vanagon.vc … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #europe
Munich-based Vanagon Ventures launches €30 million fund to heavily invest in the B2B green transformation space | EU-Startups
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🚀 Exciting news from the startup world! Two Small Fish Ventures (TSFV) has just closed their third venture fund at $41M CAD, hitting their target and then some! With a focus on early-stage frontier tech, TSFV is leveraging its "superpowers" to back future industry giants. Notable investments include AI image generator Ideogram and others that are already showing impressive returns! What are your thoughts on TSFV's approach to early-stage investing? Share your opinions in the comments below! 👇 #VentureCapital #TechStartups #Innovation #TSFV #Investing
Two Small Fish Ventures holds $41-million CAD final close for Fund III
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If you are not following AlphaQ Venture Capital's Fund tracker yet, now it's the time to start. Not to mention the AlphaQ's Discovery platform, an invite-only VC platform matching GPs with LPs. A must for emerging and first-time GPs. Contact me at damir@gplusquant.com with the subject "AQVC Intro", if you would like a warm introduction🤝 ✅ Looking to raise capital for your #fund and increase the international pool of #investors? Need warm #LP introductions? 📝 Selling #secondaries to increase liquidity? Looking for buyers of #startup shares? #LPs shares for sale? #GP stakes for sale? ▶ For inquiries and free consultations on how G+QUANT can assist, please contact Jasmina Ibrahimagic at jasmina@gplusquant.com #VentureCapital #VentureFunding #VentureDebt #Fundraising #Innovation #Technology #Entrepreneurship #Investing #Network #Investors #LPs #GPs #EmergingManagers #FamilyOffice #Markets #Economy #Business #Founders #Startups #StartupFunding #ai #artificialintelligence#unicorn #secondaries #secondarydeals
Here come some exciting fund #announcements we tracked over the past weeks! 🇩🇪 Speedinvest 4: €350M Speedinvest has successfully closed its fourth fund, raising €350 million, surpassing the initial target by €50 million. Since its establishment as a €10 million fund in 2011, Speedinvest has grown to manage over €1 billion in assets. Speedinvest 4 focuses on early-stage investments and has already made various sector-focused investments across Europe, including finres, Surfboard, Fertifa, cylib, NeoCarbon, and Fairlyne. The firm, with offices in Berlin, London, Munich, Paris, and Vienna, boasts the largest Seed stage investment team in Europe, spanning Climate Tech & Industrial Tech, Deep Tech, Fintech, Health & TechBio, Marketplaces & Consumer, and SaaS & Infrastructure. Speedinvest is recognized as a leading pre-Seed and Seed investor in Europe, actively supporting startups and contributing to the growth of the European innovation ecosystem. 🇬🇧 Giant Ventures Seed & Growth: $250M Giant Ventures, a UK-based VC known for transatlantic investments, has raised $250 million across two new funds. The funds comprise a $100 million seed fund for early-stage companies and a $150 million climate-focused growth fund targeting Series B companies. The firm, led by former founders and operators, emphasizes investments in climate, health, and purpose-driven startups. Giant Ventures has already made 10 investments from these funds, including notable ventures like Calm and Agreena. Half of the capital will go to European companies, including the UK, and the other half to US companies. The diverse advisory board includes figures like Lord Browne and 23andMe founder Linda Avey. Giant's LPs include BMW Group, Henkel, RIT Capital Partners plc, and Sir Richard Branson. 🇺🇸 Ubiquity Ventures III: $75M Ubiquity Ventures, led by solo general partner Sunil Nagaraj, has secured $75 million for its third fund, following its previous funds of $30 million in 2018 and $51 million in 2020. Nagaraj, with a background at Bessemer Venture Partners, focuses on early-stage startups contributing to the concept of "software beyond the screen," involving the use of software to navigate, perceive, understand, and control the real physical world. The fund has already made four investments, including companies like Croptide, Halter and Loft Orbital, among others. Nagaraj plans to make approximately 20 investments, providing $1 to $2 million for seed rounds and Series A. Additionally, he takes a board seat at the seed stage, a practice he acknowledges as unconventional. Which of these is your #favorite? 💙 If we‘re missing one, let us know in the comments! Or simply insert it yourself here https://lnkd.in/eD6ak3J4
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