Venture
Trimming down: Northzone reflects new reality for venture funds
While the newly-launched Northzone fund is in many ways a rare success for European venture fundraising in the current market, its modest target reflects the continuing difficulties in securing commitments. By Rikke Eckhoff.
Northzone secures EUR 90m in first close of venture fund
Nordic venture investor Northzone Ventures has secured EUR 90m in a first close of its sixth fund.
New Danish seed fund attracts DKK 435m in first closing
Danish start-up investor SEED Capital Denmark has secured DKK 435m in commitments for second fund.
BioMedPartners strengthens management team
Healthcare venture firm BioMedPartners has strengthened its management with Josef Bissig as new venture partner.
Secondaries players to fill later-stage gap
A lack of LP appetite has left a void at the later-stage end of the European venture market. Could secondaries players hold the key, asks Emanuel Eftimiu
smac partners acquires ICT-portfolio from iD TechVentures
Munich-based venture firm smac partners and Headway Capital have acquired a tail-end portfolio from iD TechVentures Ltd. The equity was drawn from smac partners Fund III, with Headway providing backing.
EUROPE - Exciting times for venture
Venture's simple business model of providing equity without relying on cheap finance or financial chicanery stands it in good stead for the future, argues Index Ventures' Ben Holmes in a recent video with unquote's Rikke Eckhoff.
UK - MTI and YFM to manage £9m NWDA fund.
MTI Partners and YFM Group have received a mandate from the Northwest Regional Development Agency to jointly manage a new ТЃ9m capital pool.
UK - Braveheart launches Beta EIS Fund
Braveheart Ventures has launched its Beta EIS Fund, a successor to the Group's Alpha EIS Fund.
SPAIN - Iame shuts down fundraising
Iame Capital has has announced that it is no longer seeking to to raise Brand Capital Made in Spain (BCS), a EUR 500m fund launched in the first half of 2008.
SWITZERLAND - BioMedPartners reaches final close on CHF 106m
Healthcare venture firm BioMedPartners has reached the final close for BioMedInvest on CHF 106m.
UK - YFM and MTI awarded mandate for interim North West venture fund
Venture investors YFM and MTI have been awarded a mandate to manage the ТЃ9m interim Venture Capital Fund for the North West region, an initiative launched by the Northwest Regional Development Agency to invest in small-to medium sized businesses in the...
EUROPE - Earth holds first close of £750m fund
Earth Capital Partners has held an undisclosed first close of its EON Climate & Renewables fund, which has a target of EUR 750m.
NETHERLANDS - Gilde Healthcare launches services dedicated fund
Gilde Healthcare Partners has launched Gilde Healthcare Services, a growth capital fund targeting investments in specialised clinics, geriatric care providers, prevention, screening and related healthcare services.
FINLAND - Korona closes EUR 53m maiden venture fund
Finnish GP Korona Invest has closed its maiden venture fund Terveysrahasto on EUR 53m.
FRANCE - Natixis PE and CDC launch Kurma Biofund
Natixis Private Equity has partnered up with Fonds stratégique d'investissement (FSI), via CDC Entreprises, to launch the Kurma Biofund, a fund focuses on investing in life science projects sourced from partnering research institutes Pasteur and Curie....
FRANCE – EdRIP hits EUR 250m target of new fund
Edmond de Rothschild Investment Partners (EdRIP) has reached the final close of its fund Winch Capital 2 on EUR 250m following a first closing on EUR 175m in July this year.
GLOBAL - Meidlinger Partners holds $15m first close of cleantech fund
Meidlinger Partners has reached a first closing of its cleantech fund, Meidlinger Partners Sustainable Investments, on $15m.
IRELAND - Bank of Ireland seed fund launches
Bank of Ireland has announced the launch of the Seed and Early Stage Equity fund, a new EUR 26m vehicle designed to invest in Irish start-up and early-stage companies.
CEE - Rabobank and EBRD establish Resource
The European Bank for Reconstruction and Development (EBRD) and Rabobank have each commited EUR 25m to newly formed private equity fund, Resource Eastern European Equity Partners I, which will focus on supporting small- and mid-cap businesses in EU states...