Venture
Passion Capital closes venture secondaries deal
Fund closed in 2011 on £37.5m but now boasts a NAV north of £100m
Five Seasons launches second fund
VC targets the European food technology industry, primarily investing in series-A and -B rounds
Eurazeo Smart City II Venture holds €80m first close
Fund invests in energy, transport, property technology and logistics startups worldwide
Abingworth Bioventures 8 closes on $465m
ABV 8 targets companies developing innovative therapeutics, with investments across the US, UK and continental Europe
PSG closes debut European fund on €1.25bn
PSG Europe invests in lower-mid-market software and technology-enabled services companies
Siena Venture targets €25m close before year-end
Debut fund from the new VC player held a first close on 1 February
Ion Pacific nears first close for VC secondaries fund
Hong Kong-based manager is expecting commitments of roughly $40m at first close for the global fund
Lauxera Growth I holds €100m first close
Fund is dedicated to financing and accelerating the commercial growth of promising healthtech companies
Sinergia Venture Fund holds €30m first close
Fund invests in pre-series-A and series-A rounds to support the growth of startups operating across a large variety of sectors
Octopus to launch £100m healthcare-focused fund
In conjunction with the announcement, the firm has hired an investment team from TenX Health
Blue Horizon Ventures closes debut fund on €183m
Food-technology-focused VC was founded in 2018 and has so far made 18 investments
New Baltic fund targets €30m to back female founders
Fund targets Baltic and Nordic startups with female founders and gender-balanced executive teams
Heal Capital closes debut fund on €100m
Healthtech-focused VC sees opportunities in the developing European market, managing director Christian Weiß tells Unquote
LSP launches €150m fund dedicated to dementia treatment
Vehicle invests in companies that are developing drugs for neurodegenerative diseases
BGV closes fourth fund on €140m
Following this fundraise, the firm expects to expand the investment team with one or two hires
Iberia Fundraising Pipeline - Q4 2020
Unquote compiles a roundup of the most notable fundraises ongoing across the Iberian market
Wellington Hadley Harbor III closes on $1.8bn
In addition to the capital raised, the fund also has access to up to $400m from co-investors
Forbion V closes on €460m hard-cap
Investors in Forbion V include a mix of existing and new LPs including Pantheon and Argentum
Sova VC makes first investment from debut fund
Although sector agnostic, the Sova VC team has a focus on technology and healthcare
Highland Europe closes fourth fund on €700m hard-cap
Kirkland & Ellis provided legal advice and the firm did not use a placement agent
Scale Venture Partners Fund VII closes on $600m
Fund targets software startups, with a special focus on cloud infrastructure, cybersecurity and AI
Target Global holds first close for second growth fund on €300m
Target Global I closed on €300m in 2015 and is now fully deployed
Andreessen Horowitz raises $4.5bn across two funds
VC raises $1.3bn for its seventh early-stage fund and $3.2bn for its second growth fund
GSK spinout SR One closes $500m debut fund
Biotechnology-focused vehicle will invest in Europe and the US, with GSK as cornerstone investor