Venture
Cowen Healthcare Investments closes third fund on $493m
Cowen Healthcare Investments III targets the biopharma, diagnostics and digital health sectors
VI Partners Swiss Innovation fund holds €71m first close
VI Partners also manages Venture Incubator, an evergreen investment platform launched in Switzerland in 2002
360 Capital holds €90m first close for fifth fund
Fund targets series-A and -B rounds in European startups and deploys tickets in the €2-10m range
Cathay Capital raises €500m for Innovation II fund
Fund targets startups operating in a wide variety of sectors, with a focus on artificial intelligence
InfraVia Growth Fund reaches €270m first close
New fund targets European B2B tech businesses involved in digitalising the economy
Isai reaches first close on €90m for Venture III fund
French VC's third early-stage venture vehicle brings its total assets under management to €500m
Omers Ventures Fund IV closes on $750m
Fund targets growth-orientated, disruptive technology companies based across North America and Europe
NPIF allocates £23.7m to Maven
Regions the fund invests in include Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside
Partech closes third seed fund of $100m
Partech Entrepreneur III surpasses its original target of $80m
Index Ventures raises $2bn across two new funds
Index Ventures Growth V, which targets later-stage companies, raises $1.2bn, while Index Ventures X closes on $800m
Inovo launches €40m second fund
Fund will invest in CEE-based tech startups in late-seed and series-A rounds
VCs welcome Future Fund, but seek added clarity
VCs dicuss the use of convertible loan notes and the need for liquidity in the venture ecosystem
Sofinnova Telethon Fund closes on €108m
Fund targets early-stage investments in Italian biotech companies developing cures for genetic diseases
Fortino Capital Partners holds first close on third fund
LPs backing the €45m first close comprise existing investors following the launch in Q1 2020
Blockchain Valley Ventures gears up for new fund launch
Swiss venture and advisory firm BVV backs companies in the blockchain and emerging fintech space
Insight Partners XI closes on $9.5bn
Fund deploys equity tickets in the $10-350m range in startups operating across the software industry
CDP Venture Capital invests €21m in Primo Space Fund
Fund has an €80m target and invests in seed, series-A and series-B rounds in the space technology sector
Gilde Healthcare V close on $450m hard-cap
Legal advice was provided by a team from Jones Day led by partner Quirine Eenhorst
Revo Capital Fund II holds first close on €40m
Domiciled in the Netherlands and structured as a BV, the fund has a 2% management fee
Lilium raises $240m in series- C funding round
Aviation startup has so far raised more than $340m
LSP closes sixth fund on $600m
Fund invests in European companies developing new medications and medical technologies
Sparkmind holds first close for debut ed-tech fund
KRR III and Finnish Industry Investment back the fund as cornerstone investors
Frontline closes FrontlineX fund on $80m
Frontlinex has already made investment in TripActions’ series-B and People.AI’s $100m series-C
Enern nears close for VC fund, on road for growth vehicle
While the VC fund is largely committed, Enern is still open to hearing from interested parties