Venture
LauncHub Ventures raising new €70m fund
New fund has €25m committed to date and hopes to close in Q1 or Q2 next year
Sofinnova closes Sofinnova Capital IX on €333m
Fund backs biopharmaceutical and medical devices startups, mostly in Europe and the US
Idinvest holds €350m final close for Digital Fund III
Fund is more than twice the size of its predecessor, Digital Fund II, which closed on €154m in 2015
Genesis holds first close on €31m for GGEF I
Genesis Capital registered the fund in May 2018 and is targeting €40m for the vehicle
Hiro holds first close for debut fund
Hiro Capital I is a fund focused on the games and digital sports technology sectors
GED Capital raises €20m for first VC fund
Conexo Ventures I targets series-A rounds in Iberian startups which develop disruptive software
83North closes fifth fund on $300m
Vehicle is incorporated in the Cayman Islands as 83North V but lists business headquarters in Israel
Notion Capital IV holds first close on £75m
Notion Capital has also announced its intention to raise a second growth opportunities fund
Project A closes third fund on €180m
Vehicle was registered in October last year and held a first close on €106m in March
Eiffel collects €80m from EIB for impact fund
Targeting a €400m final close, Eiffel Essentiel will have a lifespan of around 15 years
Macron pledges €5bn investment for late-stage venture
President says €2bn will back late-stage funds, and €3bn will support publicly listed tech firms
Altamar near to €450m final close for Galdana Ventures II
Fund is larger than its predecessor, Galdana Ventures I, which closed on €275m in 2016
Primomiglio to launch €80m VC space technology fund
Fund will be larger than Barcamper Ventures, which targets digital and software companies
Nation 1 launches debut fund with a target of €35m
Vehicle plans to invest in Czech startups and small and medium-sized companies with global ambition
Skylake Capital launches $150m early-stage fund
New venture firm is launched by Marcos Battisti, formerly of C5 Capital and Intel Capital
Outward VC holds first close on £38m
Outward VC was previously called INVC and was founded by former Investec Bank executives in 2017
SoftBank to launch second Vision Fund with $108bn
Vision Fund II has received commitments from investors in its predecessor
Visionaries Club holds double close on <€80m
Debut funds for new Berlin-based VC Visionaries Club approach their hard-caps with family offices as LPs
Kibo Ventures targets €100m for third fund
Kibo's second fund has recently finished its investment period after closing on €71m in 2016
Medicxi closes third fund on €400m
Vehicle will invest across the full spectrum of healthcare companies from early to late stages
IQ Capital closes two funds on $300m
Growth Opportunities Fund is IQ Capital's later-stage vehicle, and has held a first close on $125m
Innovacom holds first close on €40m for Technocom3
French VC Innovacom targets a €60m final close by Q4 2018 for seed fund Technocom3
Seventure launches Sport & Performance Capital fund
Vehicle will back around 15 companies, startups and SMEs operating in the sports industry
Creandum closes fifth venture capital fund on €265m
Fund will target seed and series-A opportunities in technology sectors across Europe