Venture
UK - Elysian to raise first fund
Elysian Capital has been reported as raising its debut fund, Elysian Capital I, with a target of £200m.
IRELAND - NCB holds first closing on EUR 75m
The Ulster Bank Diageo Venture Fund LP, managed by NCB Ventures, has held its first closing on EUR 75m.
FRANCE - Ouest Ventures to launch EUR 50m fund
According to reports, Ouest Ventures is to launch its second fund in November with a target of EUR 50m.
ESTONIA - Alta Capital in need of funds
According to reports, Alta Capital's real estate development arm is in need of EEK 500m to redeem bonds over the next few months.
GLOBAL - Nextech Venture holds final close on USD 65m
Switzerland-based Nextech Venture has held a fourth and final close of its oncology-focused fund on USD 65m.
UK - Royal Society holds first close on £5m
The Royal Society, the national academy of science of the UK and the Commonwealth, has held a first close of its Enterprise Fund on £5m.
NETHERLANDS - Sitra joins Capricorn Cleantech Fund
Finnish Innovation Fund Sitra has commited EUR 10m to the Capricorn Cleantech Fund, which held its final close on EUR 100m last May.
SWEDEN - Chalmers Innvoation launches SEK 110m venture fund
Chalmers Innovation has launched a new venture fund, Chalmers Innovation Capital, with capital commitments of SEK 110m.
FRANCE - Demeter 2 reaches first closing on EUR 125m
Paris-based European growth capital firm Demeter Partners has reached the first closing of its second fund, Demeter 2, on EUR 125m.
SPAIN - Ysios reaches first closing on EUR 67m
Ysios Capital Partners has reached the first closing of its maiden fund, Ysios BioFund I, on EUR 67m, making it the largest biotech fund currently operating in the Spanish market.
ITALY - Equilybra reaches first closing on EUR 26m
Equilybra Capital Partners has announced the first closing of its maiden fund on EUR 26m. The vehicle expects to reach EUR 60m in commitments over the next few months.
SPAIN - SGCRE launches seed capital fund
Basque Country Government-backed Sociedad de Gestión de Capital Riesgo de Euskadi (SGCRE) has launched Ekintzaile XXI, a EUR 5m fund to support seed and start up projects located in the region.
SWEDEN - Sustainable Technology closes cleantech fund on EUR 58m
Sweden-based Sustainable Technology Fund has held a third and final close of its new cleantech vehicle, Fund 1 LP, on EUR 58m.
UK - Pentech closes second fund on £45m
Scottish venture capital firm Pentech has reached the final closing of its second fund, Pentech Fund II, on £45m, subtantially exceding the £25m target.
CEE - Nexus launches venture fund
According to reports, Croatia-based Nexus Private Equity Partneri has launched a new venture fund, Nexus Alpha.
EUROPE - Fortis launches EUR 400m clean energy fund
Fortis Investment has launched a new EUR 400m fund dedicated to investments in clean energy companies in Europe.