Venture
TEP seeks €100m for new fund
Time Equity Partners (TEP) has launched its second venture capital fund and is seeking to raise €100m, having already collected two thirds of its target, according to reports in the French press.
Switzerland to increase start-up support via new fund-of-funds
The Swiss Private Equity & Corporate Finance Association (Seca) has teamed up with Swiss investment platform CTI Invest to set up a CHF 500m fund-of-funds to support local start-ups.
GSK launches $50m venture capital fund
GlaxoSmithKline (GSK) has launched a $50m strategic venture capital fund, Action Potential Venture Capital (APVC), to make investments in the biotech and bioelectric medicines industries.
Target Partners appoints Michael Kowalzik
Michael Kowalzik, Target Partners
European venture: patience rewarded
Patience rewarded
Q&A: Partech's Gabriel Matuschka
Q&A: Partech International
Earlybird closes fourth fund on €150m
Earlybird Venture Capital has held the final close of its fourth fund, Earlybird 2012 Fund, on €150m ($200m).
Strong branding boosts dealflow
A new study has revealed that 88% of CEOs believe a strong venture capital brand helps to attract entrepreneurs and improves dealflow.
Amadeus fund hits $75m first close
Amadeus Capital Partners has received a $75m commitment from South Africa-based telco business MTN Group towards its Amadeus IV Digital Prosperity Fund.
Dawn Capital closes second fund on £63m
London-based VC firm Dawn Capital has held the final close of its Dawn Capital II Venture Capital Fund after raising £63m.
New VC investor launches in Italy
Programma 101, a venture capital initiative launched by Principia's Andrea di Camillo, has been announced in Italy.
KLS raises €44m towards second Biofund vehicle
Life sciences-focused KLS Partners has held a €44m first close for its sophomore effort, Kurma Biofund II.
France's FSN PME fund capacity axed by quarter
France's state-backed venture fund FSN PME will manage €300m overall, down from the €400m mentioned at the vehicle's launch in 2011.
Axa launches €10m seed fund
French insurer Axa has launched a seed fund, Axa Seed Factory, with a €10m commitment to invest in French start-ups.
AFM-Téléthon and FNA launch biotherapy-focused fund
Charity AFM-Téléthon and French state-backed fund-of-funds Fonds National d'Amorçage (FNA) have committed €50m to a new seed fund dedicated to biotherapy and rare diseases research.
Top Technology Ventures launches £30m vehicle
Top Technology Ventures, the venture capital arm of intellectual property firm IP Group, has launched a £30m venture fund.
Monetising life sciences deals
Life sciences
Vertis to launch €60m fund
Italian venture capital firm Vertis is to launch a new fund in June 2013.
Merck increases MS Ventures commitment
Merck Group has topped up its strategic venture capital fund MS Ventures with an additional €60m commitment and created an investment affiliate to specifically manage the vehicle.
Swedish venture faces critical funding gap
When it comes to venture capital, opportunities abound in Sweden. Yet, despite the success stories, a critical funding gap threatens the future of the industry. Amy King reports
Balderton on the road for fifth fund
Venture firm Balderton Capital has started marketing its new vehicle, according to documents filed with the US's Securities and Exchange Commission (SEC).
Creandum closes Fund III on €135m
Nordic-focused technology VC Creandum has hit €135m for its third fund.
Isai holds second closing on €40m and makes new hire
French VC Isai has held a second closing of its latest growth capital fund Isai Expansion on more than €40m.