John Gannon’s Post

Here’s a recap of venture capital firms with new funding and plans for deployment: 🔴 Proximity Ventures: Olivia Wilde, alongside Neil Sirni, Jason Mack, and Santi White, launched this new VC firm, set to hold its first close next month. Proximity Ventures will focus on investments in the consumer and enterprise sectors. 🔴 Tamarack Global (Greenwich): Recently closed its $72M Opportunities II fund, targeting energy transition, defense technology, the space economy, robotics, automation, AI, and more. 🔴 BBG Ventures (New York): Raised a $60M fund to support diverse founders. 🔴 MaC Venture Capital(Los Angeles): Raised its third $150M fund to invest in diverse founders and sectors like aerospace, enterprise software, fintech, health tech, and defense. 🔴 Faber (Lisbon): Closed a €31M Faber Tech III fund focused on early-stage innovation in Southern Europe. 🔴 Listen Ventures (Chicago): Aiming to raise $75M for its fourth fund to support founders creating consumer-focused brands aligned with behavioral shifts. 🔴 Inflexor Ventures (Mumbai): Closed a ₹350 crore Opportunities Fund to support its existing portfolio companies. 🔴 Axeleo Capital (AXC) (France): Closed a €125M greentech fund. 🔴 Nanyang Frontier Fund (Singapore): A new fund from NTU and Walden International, aiming to raise $37.9M to back deep-tech spin-offs from Nanyang Technological University.

🚀 Exciting News from Rosberg Ventures! Nico Rosberg, former Formula 1 World Champion and sustainability entrepreneur, has launched a groundbreaking new €70 million+ Fund of Funds with his firm, Rosberg Ventures. This strategic initiative is designed to bolster German and European participation in top-tier global venture capital efforts, bridging the significant investment gap with the United States. 🌍 Global Impact Investment Focus: Investing in Tier 1 VC funds globally Target: Ultra-High-Net-Worth families in Germany and Europe Goal: Foster symbiotic relationships between innovative startups and large corporates 💡 Why It Matters Despite Europe's substantial wealth, its stake in global venture capital is notably low, with investments trailing far behind those in the U.S. (€188 billion to €77 billion). Rosberg Ventures aims to transform this landscape by facilitating easier access to premier VC funds, enhancing global startup innovation and strategic capital investment. 📈 Strategic Growth "Our mission has always been to empower global startup innovation and create value through strategic capital investment. With this new $75 million fund, we are creating a platform for growth and transformation for both startups and established corporates," says Nico Rosberg. Rosberg Ventures has quickly moved to establish its second fund after launching its inaugural fund a year ago, achieving a first close at €30 million. The new fund is uniquely positioned to indirectly invest in over 2000 transformative startups across AI, Health Tech, Blockchain, Robotics, Fintech, and Consumer technology sectors. 📊 Join the Movement Stay tuned as we continue to drive innovation and transformation in the venture capital space. For more info, visit : https://shorturl.at/lFOZ0 #RosbergVentures #VentureCapital #Innovation #StartupGrowth #SustainabilityInvesting

Glint Ventures, Egypt’s boutique consulting and investment firm, announces the first close of its second venture fund, securing an initial $3 million USD investment anchored by Wadi Degla Group. Glint Fund 2 will focus on supporting startups through its proprietary venture studio model, seeking to invest between the Seed and Series A stages with ticket sizes ranging from $250K to $500K. #Glint #Egypt #Consulting #Investment #VentureFund #WadiDeglaGroup #Startup #Entrepreneurship #MiddleEastInvestment #BusinessNews

VCLink's weekly Investor Fundraise Report: 1. Industry Ventures has raised more than $800 million for its new fund. The San Francisco-based firm is already deploying this capital into new investments. https://lnkd.in/eB6MJqCK 2. Kevin Hartz’s A* has raised $315 million for its second oversubscribed fund in three years. The new fund, which saw participation from institutional investors, will focus on leading seed rounds and doubling down on portfolio companies at the Series A stage. https://lnkd.in/ezVTZJ8z 3. Alpine Space Ventures has secured $155 million for its space-focused VC fund. The fund, which received investment from the European Investment Fund (EIF) and NATO Innovation Fund (NIF), will invest in space technology startups. https://lnkd.in/erRnKBtk 4. Breega has raised $75 million in the first close of its Africa Seed I fund. The fund, which saw participation from Bpifrance and the FMO - Dutch entrepreneurial development bank, will invest in pre-seed and seed startups across Africa, focusing on industries with transformative impacts. https://lnkd.in/eWj28E6a 5. Zendesk has set up a venture arm to invest tens of millions of dollars in early-stage AI startups. The fund will focus on companies that enhance customer service through AI integration. https://lnkd.in/djYzEh63 6. Iñaki Arrola’s Kfund has raised €70 million for its sixth fund, K3. The fund will intensify support for high-impact projects in Southern Europe, particularly in technologies like AI, Data Analytics, and 5G connectivity. https://lnkd.in/giPEt6HJ

From Daily News Egypt Egyptian #proptech startup Birdnest has successfully closed a pre-Series A funding round led by Beltone Venture Capital, a subsidiary of Beltone Holdings. The round also included participation from CI Venture Capital, a subsidiary of Abu Dhabi-based investment firm Citadel International Holdings. While the financial terms of the deal remain undisclosed, the investment grants the investors a 20% stake in the company. The capital injection will be used to bolster Birdnest’s regional quality team, enhance proprietary technologies, and support aggressive marketing initiatives aimed at solidifying the company’s market position. Birdnest plans to leverage the funds to expand its presence within Egypt and scale operations across key regional markets, including Athens, Dubai, and Riyadh.   Moustafa El-Nahawy, Birdnest’s Co-CEO, emphasised the strategic value of partnering with Beltone Venture Capital: “This partnership with Beltone Venture Capital…equips us with the strategic financial infrastructure essential for our next phase of growth.”   Ali Mokhtar, CEO of Beltone Venture Capital, echoed El-Nahawy’s enthusiasm: “We are excited to support Birdnest and its leadership team to achieve their vision to lead and innovate the Real Estate sector in the MENA region…Birdnest is well-positioned to become the leading Proptech company in the region.”   Birdnest aims to collaborate with real estate developers, institutional investors, and independent property owners to develop and operate high-value short-term rental properties, establishing itself as the leading short-term rental platform in the region. Ahmed Fadda, Birdnest’s other co-CEO, expressed his excitement about the partnerships with both Beltone Venture and CI Venture, highlighting their respective roles in supporting Birdnest’s expansion efforts in Egypt and the wider region. _____ #Kudos to Birsnest! We at The Dandy Horse, Inc. are seeking a #proptech VC fund looking for an opportunity with Patented Tech..... #startup #VC #seedroundA #investmentbank

💎 Index Ventures raises $2.3bn across two new funds to double down on AI #Venture 💻 Global VC investor Index Ventures, a backer of German AI unicorn DeepL and UK neobank leader Revolut, has raised $2.3bn across two new funds to double down on AI investments. Along with its new $800m venture fund and $1.5bn growth fund, Index is also still investing out of a separate $300m seed fund. 💻 The firm says that the new funds will have a strong focus on AI, at a time when the technology is developing at pace and the availability of talent globally is increasing. “AI alone will revolutionise virtually every sector of the economy and open up whole industries to venture that have remained virtually untouched,” said Shardul Shah, partner at Index Ventures. “Meanwhile, hundreds of thousands of people have worked in hypergrowth startups globally and can transfer those lessons to the next generation of companies. 💻Index has historically focused on enterprise software, SaaS, fintech, marketplaces and consumer; but has done several AI deals recently. It was an early investor in French AI darling Mistral — which is now Europe’s most valuable startup in the field, at €5.8bn. At a combined $2.3bn, these two funds are smaller than the equivalent funds raised at the top of the market in 2021; a $900m venture fund and a $2bn growth fund, totalling $2.9bn. 💻 Index has also slowed down its pace of deployment; the two new funds have arrived three years after the previous ones. In 2021, Index raised its venture and growth funds just one year after its predecessors.

🚀 #HBBA is pleased to announce Imre Hild, CEO of OUVC - Venture Capital & Venture Studio participation in the Investor Fest '24 🚀 This exciting event is organised by #HBBA in collaboration with the Embassy of Hungary in the UK, Newable, OUVC - Venture Capital & Venture Studio and Tokeportal.com. 🚀 See the program and register here now: https://lnkd.in/eqQdW_Qu 🚀 This event will bring together your international counterparts from VC houses in the UK, Hungary and Central Europe. 🚀 Imre has been involved in the #Hungarian and #CEE ecosystem from its inception. Upon return from the USA where he worked for Lehman First, he founded two startups - both in the 'life annuity for real estate' space - and thus created a new industry segment. After the credit crunch of 2008, he started to use his venture-building skills with other companies. He worked with VC portfolios, founded accelerators, built a CEE consortium of accelerators, and developed training courses for mentoring, international market access and other startup-related topics. In 2018-2019 he led the effort of EIT to establish a soft landing ground in Tel Aviv to learn about proper ecosystem building. Imre is now the CEO of OUVC - Venture Capital & Venture Studio, a university-backed 30M euro VC fund operating out of Budapest, investing in deep tech and #AI startups. Imre has been a valued Honorary Member of #HBBA. 🚀 Reasons for Venture Capital Firms to Attend the Hungarian British Investor Fest '24: ➡️ Network over lunch with peers, gain insights into each other's regions and explore funding opportunities and common interests. ➡️ Gain key insights into the European Investment landscape. ➡️ Discover new funding opportunities. ➡️ Engage with a diverse investment community, including angel investors, crowd-funders, and Innovate UK experts. ➡️ Present a concise 2-minute introduction on stage. ➡️ Participate in speed dating sessions with curated start-ups and scale-ups. 🚀 Register here now: https://lnkd.in/eqQdW_Qu Ambassador Ferenc Kumin Johnny McNamara John McKeown Karen Holden , CEO A City Law Firm David Prais, Chair of Greater Investment Fund Jim Odell Aquarius Tech Ventures Martin Taylor, Sales Director ARIE Capital and Aquarius Tech Karen Holden , CEO A City Law Form Hakan Candaner, Director at Global Advisory Board, Tech Investor Nora Szeles, Tokeportal.com Gergő Gulyás IMC HBBA Innovation Expert Santosh Kumar, Investor, CEO B2BHUB Zackria Choudhry, Green Technology Investor Judit Czako Investment Trade Commissionaire Peter Wilcock (MBA), Mentor, Author, Non-Exec Chair of HBBA Csaba Bartal Dr. Erika Szita-Szegedi, Legal Advisor of HBBA Paul Smolinski, Director of Global Relationship of HBBA #investors #venturecapital #fundraising #startup #scaleup

VCLink's Weekly Investor Fundraise Report: 1. Bernard Liautaud's Balderton Capital raises $1.3 billion for its ninth Early Stage Fund and second Growth Fund. The closed funds, which saw participation from global investors, will invest in European entrepreneurs across sectors such as AI, fintech, B2B SaaS, digital health, mobility, gaming, and marketplaces. https://lnkd.in/eVb_TVH7 2. Dmitry Smirnov's Flint Capital has raised $160 million for its third fund. The raised fund, which received investments from IT entrepreneurs, will focus on high-multiplier industries with stable venture profits, making it an attractive alternative to increasingly risky assets. https://lnkd.in/ery4ne5B 3. Jussi Salovaara's Antler has raised $72 million in its second Southeast Asia fund. The closed fund will double down on early-stage startups in Singapore, Indonesia, Vietnam, and Malaysia, offering a much-needed boost to the region's struggling funding landscape. https://lnkd.in/egj8JEzT 4. Amit Aysola's Create Health Ventures has closed its inaugural $21 million fund. The fund will invest in early-stage digital health startups focused on solutions to improve patient engagement, enhance care experiences, and boost recruitment and retention in clinical trials. https://lnkd.in/eVKbhzDK 5. Kate Cornick's LaunchVic has seeded eight new early-stage venture capital funds with $300,000 each, totaling $2.4 million in grants. These funds will focus on supporting Victorian startups, offering new opportunities for growth and innovation in the region. https://lnkd.in/eXAgGTZ6

Are you curious about the movers and shakers in London's venture capital scene? Look no further! UKT.News has published a comprehensive list, detailing some of the most influential VC startups that are shaping the landscape in 2023. Find out all about these groundbreaking companies and the dynamic entrepreneurs behind them. Visit the link: https://UKT.news/?p=8899 Featured in the article: AXXELERATE INVESTMENTS LIMITED TYR CAPITAL Midas Investments Forshaw Capital Group Ltd Beat Capital Partners Ltd Darius Holdings FintechOS Kapok Capital Skygate Capital Arkstons Investments Limited TechItaliaLAB Eden Block BROS CAPITAL LTD edvinca by Hambro Perks & DLF Venture Concept Ventures Let's celebrate these innovative startups and their founders who are not only raising the bar in the VC scene but also shaping the future of various industries. Whether you're an entrepreneur, investor, or tech enthusiast, you don't want to miss this read! #UKStartups #VentureCapital #LondonVC #StartupsInnovation #TechStartups #VC2023

Javelin Venture Partners Secures $125 Million for Fund V, Welcomes UBS as Investor San Francisco, CA – Javelin Venture Partners, an early-stage venture capital firm, has announced the closing of its fifth fund, Javelin Venture Partners V, with $125 million in committed capital. The fund will focus on investments in technology startups across various sectors, including AI, SaaS, marketplaces, consumer internet, fintech, proptech, and digital media. A notable addition to Fund V's investor base is UBS, the global wealth management and banking advisory leader. This marks the inaugural investment in a venture fund by UBS' IB Principal Investments team, highlighting the growing interest of institutional investors in the venture capital asset class. "We are excited to partner with Javelin Venture Partners, a firm with a proven track record of identifying and supporting high-growth technology companies," said a spokesperson for UBS. "This investment aligns with our strategy of providing our clients with access to innovative and disruptive investment opportunities." Javelin Venture Partners specializes in early-stage investments, typically in late seed or early Series A rounds. The firm's investment professionals are experienced technology entrepreneurs who provide valuable guidance and support to their portfolio companies. "We are grateful for the support of our limited partners, including UBS, and are excited to continue our mission of helping exceptional entrepreneurs build successful companies," said Noah Doyle, Managing Director at Javelin Venture Partners. With over $600 million in assets under management, Javelin Venture Partners has a strong track record of investing in and supporting innovative technology startups. The firm's portfolio includes companies such as MasterClass, Thumbtack and Carta Fund V will continue Javelin's focus on early-stage, high-growth, capital-efficient technology companies. The fund is expected to invest in approximately 20-25 companies, with initial investments ranging from $500,000 to $4 million. Javelin Venture Partners' investment philosophy emphasizes identifying companies with strong fundamentals, disruptive technologies, and experienced management teams. The firm's deep industry expertise and network of relationships enable it to provide valuable support to its portfolio companies as they navigate the challenges of scaling their businesses. This latest fundraise demonstrates the continued confidence investors have in Javelin Venture Partners' ability to identify and nurture promising technology startups. #JavelinVenturePartners #VentureCapital #FundV #UBS #Investment #Technology #Startups #Innovation #EarlyStage #Growth #FinancialServices #BusinessNews