Venture
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 €16m 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 €150m from LPs and pharmaceutical companies.
Wellcome Trust launches £200m start-up fund
UK-based health charity the Wellcome Trust has launched a £200m fund to invest in emerging biotechnology businesses.
MMC Ventures announces second venture capital fund
MMC Ventures launches its second venture capital fund for young investors. The MMC Growth Generation Fund is available to investors aged 18-35 with £2,500 to £10,000 to invest.
France Télécom and Publicis team up with Iris
French companies France Télécom and Publicis have partnered with VC firm Iris Capital Management to set up a €300m corporate venture initiative.
DACH venture scene remains on top form
While the rest of Europe has suffered from a low deal volume in 2011, the DACH early-stage sector is going strong. Considering the well-established venture scene, it is not surprising that this region has dominated early-stage in Q4 2011.
Dodd-Frank fears "overblown"
The extensive requirements and wide reach of the US's Dodd-Frank Act has stirred up fears among European GPs. But law firm DLA Piper downplays worries, pointing to a number of available exemptions. Sonnie Ehrendal investigates.
E-Capital III breaks target for second close
E-Capital's latest fund has held a close of its latest fund above target at €95m.
MTI launches fund for university spin-outs
MTI has launched the Orion Fund to support spin-outs of top-tier technology universities in the UK.