Venture
B Capital closes second fund on $820m
Fund invests in series-B, -C and -D rounds to support B2B and B2C startups based across Asia, Europe and the US
Spanish impact fund Fondo Bolsa Social targets €25m
Fund targets early-stage companies able to generate a positive and measurable social or environmental impact
Aldea Ventures launches €150m fund-of-funds
VC house expects to hold a €35-45m first close by the end of July and a final close in around one year
Innvotec launches Female Ventures Fund
Fund provides initial capital, followed by further financial and advisory support after the early stages
EQT leads $3m seed round for Willa
Company will use the proceeds to launch its product Willa Pay
Summit Europe Growth Equity III closes on €1.1bn
Summit Europe III is structured as a Luxembourg LP, while Summit Partners itself is based in the US
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
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