VC firm Sapphire Ventures says that it plans to invest more than $1 billion in AI-related enterprise startups, demonstrating the strong appetite among investors for cutting-edge AI tech. Reuters reports […]
Fund
Trending topics and news from the Fund category
Back to news homeUK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund
UK-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, […]
Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing
Seedstars Capital and Swiss philanthropic foundation Fondation Botnar have launched Seedstars Youth Wellbeing Ventures, a $20 million investment mandate targeting early-stage startups in Africa that are focused on improving the […]
IFC set to invest $26M in Partech’s Africa Fund II
The International Finance Corporation (IFC), the private sector arm of Work Bank, plans to make an equity investment of up to €25 million ($26.43) into the Partech Africa Fund II […]
Pinterest to invest an additional $1.2 million in its Creator Fund for underrepresented groups
As competition heats up for creator talent, Pinterest today announced it was more than doubling its initial investment in its Creator Fund with an additional $1.2 million in a combination […]
Everyone is going to launch a fund that backs other funds
Investors have long invested in other investors as a way to get exposure to ambitious, speedy smaller funds (and access to hot deals before their neighbors notice). Andreessen Horowitz has […]
Indonesian venture capital firm Alpha JWC closes $433M third fund
Alpha JWC co-founders Jefrey Joe and Chandra Tjan. Image Credits: Alpha JWC Alpha JWC, the Jakarta-based venture capital firm, announced today it has closed its third fund at $433 million. […]