Venture
BayernKapital closes second Bavarian Growth Fund
Fund is backed solely by LfA Förderbank Bayern and will invest in Bavarian tech companies
VentureWave holds first close of Impact Ireland fund
Ireland-based VentureWave both supports buyouts and provides venture investments
Connect Ventures closes $80m seed fund
Fund deploys capital in companies operating across all B2B and consumer software segments
Epidarex Capital III closes on £102m
Fund invests in new life science companies from emerging research hubs across the UK
Hoxton closes second fund on almost $100m
Hoxton Ventures II has a 30% carry rate with a 2.5% management fee and no hurdle
Fly Ventures holds final close for second fund on €53m
Berlin-based VC will continue its focus on seed investments in enterprise software and "deeptech"
Meta Change Capital launches €100m fund
Fund is dedicated to investments in blockchain companies across Europe, Asia, the Middle East and Africa
Ysios Capital raises €155m for third biotech fund
Ysios BioFund III provides financing to early- and mid-stage, highly innovative life sciences companies
Azimut launches €50m venture capital fund
Azimut Digitech Fund invests in B2B software startups, with a focus on software-as-a-service operators
K Fund launches €70m second vehicle
Fund targets companies operating in the internet and mobile technology sectors
Francisco Partners raises $9.7bn across three funds
Funds target the technology industry, with a focus on software, financial technology and healthcare IT
Spectrum Equity IX hits $1.5bn hard-cap
Fund targets investments in internet-enabled software and information service companies
Aquiline Capital closes fourth fund on $2bn
Fund invests in North American and European businesses operating across the financial services sector
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
Fortino Capital Partners holds first close on third fund
LPs backing the €45m first close comprise existing investors following the launch in Q1 2020