It’s tough pitching to VCs with no funds, but here’s the good news: These firms have fresh capital and are keen to invest. 🔴 Chevy Chase based Enlightenment Capital raised its fifth $825M fund to focus on the aerospace, defense, government and technology verticals. 🔴 Chicago based Adams Street Partners closed its $1.2B Venture Innovation Fund IV Program to focus on venture fund investments, secondaries and direct investments in global companies. 🔴 San Francisco based Theory Ventures closed its second $450M fund to partner with early stage software companies. 🔴 Vancouver based Pender Ventures closed its second $100M fund to back Canadian technology companies. 🔴 Los Angeles based Blue Bear Capital raised its third $160M fund to support AI founders in climate, energy, and industry. 🔴 Santa Monica based Ferment launched its new $20M studio fund to focus on the energy, agriculture, materials, and health sectors. 🔴 Oakland based Illumen Capital raised its $32.75M Catalyst Fund to support first-time fund managers and entrepreneurs from underrepresented backgrounds. 🔴 NBA star Giannis Antetokounmpo launched his own venture capital firm, Build Your Legacy Ventures. The fund will focus on sports and entertainment investing.
Many VCs are increasingly focusing on emerging sectors like climate tech, defense, and underrepresented entrepreneurs, reflecting broader trends in the venture capital landscape.💯
have you analyzed which sectors are receiving the most attention from these new funds? the diversity in focus areas suggests promising opportunities.
That’s a good chunk of capital out there ready to invest!
Very helpful! thanks John Gannon
Assistant Manager (USA & Canada Recruitment)
1dEntrepreneurship is not about how much money you have, but about the depth of your dreams and the strength of execution.