Venture
Active Venture Partners holds final close on €54m
Active Venture Partners has closed its second technology fund on €54m.
Latvian Guarantee Agency seeks managers for local VC funds
State-backed Latvian Guarantee Agency (LGA) has launched a tender to select up to three managers for recently established VC funds.
Inveready launches €15m technology fund
Spanish investor Inveready has launched a €15m fund to back technology companies.
Spain's CDTI to launch two venture vehicles
Spain’s Centre for the Development of Industrial Technology (CDTI) will soon launch two venture capital vehicles with capital commitments totalling €150m, according to reports in the Spanish press.
Evonik invests in Pangaea Ventures fund
CVC-backed German speciality chemicals maker Evonik has invested in Pangaea Ventures Fund III through its recently established venture unit.
EIF commits €17m to Lithuanian SME funds
The European Investment Fund (EIF) has committed тЌ11m to the Practica Venture Capital Fund and тЌ6m to the Practica Seed Capital Fund.
BV Capital rebrands as e.ventures
Global venture firm BV Capital has combined its five local funds into a unified international entity named e.ventures.
EdRIP raises €125m for fourth life sciences fund
Edmond de Rothschild Investment Partners (EdRIP) has held a first close for its BioDiscovery 4 fund on €125m.
Advent Life Sciences gets re-up for latest fund
Advent Life Sciences Fund I, a 2010 vintage venture vehicle managed by Advent Venture Partners, was reopened to accept a new commitment as well as increased investments from existing LPs.
Braemar Energy Ventures closes third fund at $300m
Braemar Energy Ventures has closed its oversubscribed third fund on $300m.
Index Ventures closes €350m tech fund
Index Ventures has raised a €350m fund aimed at early-stage investments in the technology sector, Early Stage Fund - IV6.
First close for ISAI's second FCPR fund
French venture capital firm ISAI has held a first close for its second FCPR vehicle, ISAI Expansion, on €30m.
FIG launches VC fund for graduates
London-based venture capital firm Find Invest Grow (FIG) has launched its maiden vehicle, the FIG Concept Seed Fund.
Advent exits Vitrue to Oracle
Advent Venture Partners has exited US portfolio company Vitrue in a trade sale to IT solutions developer Oracle, following a 15-month holding period.
EDF sponsors new cleantech VC fund
French energy company EDF has partnered with private equity house Idinvest Partners to launch cleantech venture capital fund Electranova Capital.
Governments' contribution to VC up six-fold
Government agencies and corporates are increasingly active in venture – but they should push further in support of European VC, argues Olivier Marty
Caixa Capital Risc raises third fund
Caixa Capital Risc has raised its third fund, according to reports in the Spanish press.
Connect Ventures holds €16m first close
Newcomer Connect Ventures has held a тЌ16m first close for its maiden early-stage fund.
Innovacom seed fund Technocom 2 closes on €30m
Seed fund Technocom 2 has held a final close on €30m, after receiving a €18.7m commitment from Fonds National d'Amorçage (FNA).
Notion Capital holds a $100m first close
Notion Capital has announced a $100m first close for Notion Capital Fund 2, its second fund focused on emerging cloud computing and software-as-a-service (SaaS) companies in the UK and Europe.
Declining activity belies venture successes
Although European venture capital activity decreased by 12% to €974m last year, 2011 saw a number of sizeable fund closes as well strong exits, indicating fresh appetite for the asset class.
Earlybird closes fourth fund on $100m
Earlybird Venture Capital has held the first close of its fourth venture fund on $100m.
Avindia Capital launches energy fund
Spanish private equity firm Avindia Capital has announced the launch of its first fund, Avindia Energy I.
Index Ventures closes life sciences fund at €150m
Index Ventures has closed its latest life sciences fund, raising тЌ150m from LPs and pharmaceutical companies.