Tracking the latest capital deployment, new fund launches, and strategic shifts in the venture capital landscape.
Iron Nation, the Israeli VC born after October 7, announced a $60M second fund with $50M secured, anchored by $15M from the State of Indiana and validated by an early Nvidia acquisition of portfolio company Illumex.
London-based Eka Ventures closes its oversubscribed £80M ($107M) Fund II at hard cap, backed by British Business Bank and Molten Ventures, after Fund I ranked in the top 5% of its 2021 vintage globally.
Hyperion emerges from stealth with a $35M Fund I to be the strategy partner deeptech founders actually need, backed by Vista Equity Partners and already sitting on early bets in Valar Atomics ($2B), Antithesis ($105M Series A), and Normal Computing.
Brian Hollins and Aaron Samuels close a $95M Fund II at Collide Capital, a 44% step-up from Fund I, with the UC Endowment re-upping and a differentiated Fortune 500 procurement pipeline for portfolio companies.
Paris-based Jeito Capital has closed its second fund at €1 billion ($1.2B), above target, making Jeito II the largest independent European biopharma-focused venture vehicle ever raised. Jeito I returned up to $4.8B via exits to Merck and Biogen.
Zurich-based Herbert Ventures launches a €32.5M Pre-Seed/Seed DeepTech fund with a contrarian twist: no follow-on reserves, an 8% LP hurdle, and about 30 concentrated bets across DACH and Europe.
Brno's JIC innovation agency launches its first VC fund, a €16.3M vehicle targeting pre-seed and seed deep tech founders across Central and Eastern Europe, with CTP, Česká spořitelna and 40+ LPs already in the first close.
Lior Susan's Eclipse Ventures has closed $1.3B across Fund VI ($720M early-stage) and Early Growth III ($591M), pushing AUM to ~$10B and positioning the firm as the dominant platform for physical AI, robotics, and industrial hardware.
Lisbon-based Bondstone launches its venture arm with Maxwell Technologies I, a €50M seed and early-stage deeptech fund led by ex-Morgan Stanley physicist Paulo Loureiro, targeting AI, computational biology, and climatetech across Southern Europe.
Five OpenAI alumni led by ex-applied engineering chief Evan Morikawa have quietly built Zero Shot, a $100M seed fund using insider model-roadmap knowledge to avoid AI categories they believe foundation model providers will absorb.
The European Investment Fund unveils the second European Tech Champions Initiative, a €15 billion fund of funds targeting 100 growth-stage VC vehicles to unlock €80 billion in European scaleup capital.
AIF reaches first close on Fund II, expanding beyond autism into broader behavioral health with a focus on AI-enabled care, data infrastructure, and value-based care models. Total AUM hits $150M.
Circulate Capital hits $220M first close on its $300M Asia II fund to scale circular supply chains across South and Southeast Asia, with returning LPs including Coca-Cola, Danone, Dow, and P&G.
Chicago's Corazon Capital has closed its fourth fund at $100M, doubling down on AI-native companies that transform human behavior — with Sam Yagan's legendary operator pedigree and a newly expanded five-partner team leading the charge.
Milwaukee-based Gateway Capital has reached the first close of its $30M Fund II, expanding Dana Guthrie's overlooked-founder thesis from Wisconsin across seven Midwest states.
Runway's three co-founders have formalized a $10M early-stage VC fund targeting pre-seed AI, media, and world-model startups — pairing capital with free API credits and exclusive model access via a Builders Program.
Female-led VitaminºC closes €18M debut climate fund targeting pre-seed and seed in energy, agriculture, carbon removal, and resilience. Zurich-SF firm launches at contrarian timing amid climate-funding downturn.
Speedinvest launches $230M Africa Fund anchored by a $46M EIB Global commitment, targeting seed to Series A fintech across 12+ African markets. Existing portfolio includes Moove, FairMoney, and Khazna.
Mundi Ventures closes $100M on LatAm Fund I anchored by IDB Invest and COFIDES to back insurtech, fintech, and healthtech across Latin America. Second major raise of 2026 after the EUR 750M Kembara fund.
German-American VC futurepresent emerges from stealth with a $300M debut fund and 14 portfolio companies, targeting AI infrastructure, industrial AI, and the physical world across the US and Europe.
Kleiner Perkins raises $3.5 billion across KP22 and KP Select IV, its largest fundraise in over a decade, going all-in on AI from seed to growth stage.
ParaFi Capital closes a $125M venture fund targeting stablecoins, tokenization, and onchain financial infrastructure — backed by KKR co-founder Henry Kravis during a crypto market downturn.
Ex-Google Moonshot X advisor Mahir Sahin launches €50M Cloudberry Ventures deeptech fund targeting seed-stage infrastructure startups. Predecessor vehicle delivered 86% gross IRR in 16 months.
360 Capital closes €85M on Poli360 2, its second technology transfer fund targeting €100M. The fund backs deeptech university spinouts across Europe with €2M initial checks, anchored by EIF, CDP Venture Capital, and corporate strategics.
Credo Ventures raises $88M for Stage 5 in a single closing, targeting pre-seed founders across CEE and its global diaspora. The firm behind UiPath and ElevenLabs pre-seed rounds deploys $1M-$5M checks.
Nathan Benaich closes $232M for Air Street Capital Fund III, cementing his status as Europe's largest solo GP and doubling down on AI-first companies across software, techbio, developer tools, and defense.
Warsaw-based Montis VC closes €50M first tranche of a new pre-seed/seed fund backed by the EIF (REPowerEU), PFR Ventures, and CEE family offices — targeting Europe's energy transition and industrial AI startups.
Lumen Ventures announces the first closing of Lumen II, a €100M target seed fund focused on insurtech, fintech, digital health, and cybersecurity in Italy, backed by CDP Venture Capital SGR, Fondazione ENPAM, and Banca Popolare di Fondi.
Partech Impact has closed its debut €300M fund to back commercially mature European impact-native B2B tech companies — addressing the structural gap in growth-stage capital for businesses generating €10M+ revenue in climate, agriculture, mobility, and digital health.
SuperSeed launches Fund III with up to £50M cornerstone backing from the British Business Bank, targeting seed-stage UK companies building physical AI for manufacturing, energy, construction, and autonomous infrastructure.
Columbia, Missouri's Redbud VC closes a $25M Fund II — 5x its first fund — backed by a 48% IRR track record and a thesis built on systematically backing the founders coastal VCs overlook.
A Swiss operator syndicate backed by 35 DACH deep tech executives — from Yokoy, Cradle, Sherpany, and ANYbotics — launches to co-invest at Series B+ in robotics, space, energy, quantum, and AI scaleups.
Google's former in-house AI seed fund closes its $220M fifth fund as an independent firm — now backed by institutional LPs alongside Google for the first time in its history.
Persistent Energy Capital has hit a $52M first close on its $70M Africa Climate Venture (ACV) Fund, a blended finance vehicle backed by FSD Africa Investments, the Nordic Development Fund, the African Development Bank's SEFA program, JICA, and the Soros Economic Development Fund.
Former Peak XV Partners managing directors Shailesh Lakhani and Harshjit Sethi are launching Ambition Capital, a new $250M early-stage fund targeting seed and Series A across AI, fintech and deeptech in India.
Singapore-based Empyrean Sky Partners has secured $90M in the fastest first close of 2026 for its $200M Global Technology Fund, targeting growth-stage companies at the convergence of AI, robotics and advanced manufacturing, co-managed with OCBC's Lion X Ventures.
Montreal-based Boreal Ventures closes $43M CAD first close on its $60M Fund II, with ex-Lightspeed president JD Saint-Martin joining as co-managing partner to back Canadian B2B founders.
India's only dedicated climate tech VC has made the first close of its $75-100M India Climate Opportunities Fund, backed by domestic Indian investors — after deliberately downsizing from a ~$178M target to match actual pipeline depth.
NYC and Dubai-based Audeo Ventures has closed Fund II at $65 million, surpassing its $50M target, to back early-stage founders modernizing foundational industries across the US and Latin America — with two exits (X1/Robinhood, Caramel/eBay) already on the board.
General Catalyst is in advanced discussions to raise approximately $10 billion across multiple vehicles in 2026, cementing its position alongside Andreessen Horowitz and Founders Fund in a historic mega-fund wave reshaping venture capital.
Berlin-based Join Capital has secured a €50M EIF commitment via InvestEU Defence Equity Facility for its €235M Fund III, targeting defense tech, dual-use, and strategic deep tech across Europe backed by NATO Innovation Fund, KfW Capital, and CDP.
Paris-based Elaia has closed its third DeepTech Seed fund at €134M — double its predecessors — to back pre-seed and seed B2B deep tech startups across Europe, with research institution partnerships at INRIA, PSL, and the Max Planck Foundation.
NYC-based Coefficient Capital raises $530M across Fund II ($290M) and the Apex Fund ($240M), pushing AUM above $800M to back growth-stage consumer brands in categories undergoing irreversible disruption.
Israeli VC firm StageOne Ventures has closed its fifth fund at $165M, pushing AUM above $650M, targeting AI infrastructure, cybersecurity, physical AI, and agentic orchestration startups.
UVC Partners has closed a €77M first close on a dedicated €150M Growth Fund to provide large follow-on checks to European deeptech companies in space, fusion energy, robotics, and dual-use — addressing a structural gap in homegrown European growth capital.
Entrepreneurs First, the global company builder that backs individuals before they have a team or idea, has raised $200M at a $1.3B unicorn valuation — backed by Reid Hoffman, the Collisons, Eric Schmidt, and Index Ventures.
Spark Capital, the first VC to back Anthropic and holder of a near-100x return on that bet, is targeting $3 billion in new funds — 50% more than its prior raise — as LP demand surges on the back of the firm's AI investing track record.
Peter Thiel's Founders Fund is closing Growth IV at $6 billion in under 12 months after its $4.6B predecessor, with partners committing $1.5B of their own capital. Portfolio includes Stripe, SpaceX, Anduril, Anthropic, and OpenAI.
Samaipata has launched its €110M third fund with a €70M first close, targeting 25-30 seed-stage AI-native companies across Spain, Germany, France, and the UK. Backed by KfW and SETT, Fund III marks a deliberate pivot from platform network effects to AI application layer investing.
San Francisco's Breakout Ventures has closed its largest fund yet at $114M, doubling down on seed-stage scientific innovation with a sharper AI and neuroscience lens.
Janet Bannister's Toronto-based Staircase Ventures closes an oversubscribed $50M CAD Fund II with BDC Capital, University of Alberta, and InBC — backed by a 50%+ net IRR track record from Fund I.
Berlin- and Singapore-based GHARAGE Ventures launches €40M Fund I anchored by Gebr. Heinemann to back seed-to-Series A travel retail tech startups across Europe and Southeast Asia.
Swiss VC Emerald Technology Ventures reaches €100M for Global Water Fund II with Temasek and Grundfos Foundation as new LPs, targeting €150–180M total to back water resilience startups globally.
Time4, a new French VC fund backed by daphni, Les Déterminés, and Live for Good, has closed €50M to invest in pre-seed and seed startups led by diverse and rural founders across France, targeting a final close of €100M.
Former Andreessen Horowitz American Dynamism partner Michelle Volz launches Pax Ventures, a $50M seed fund targeting defense tech, aerospace, energy, and industrial supply base reinvention.
Berlin-based Tenet has emerged from stealth with an €80M target debut fund, positioning itself as Europe's first inception-stage investor dedicated to AI-powered roll-ups. The fund backs founders who acquire traditional service businesses and rebuild them as AI-native platforms. First cheque: €5M into Taxforce.
Defence tech dominated VC fund activity this week. Join Capital landed the EIF's largest-ever defence commitment (€50M), First In closed its $148M Pentagon-backed critical technologies fund, GHARAGE Ventures launched a €40M travel tech debut fund, Hlayisani Capital hit a $30M first close for South Africa's Series A gap, and FIRSTPICK sealed €25M for Baltic pre-seed founders. Here's what each fund means for founders raising now.
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Peak XV secures $1.3B in new capital across multiple funds to invest in growth-stage technology companies in India and the Asia-Pacific.
Lucid Capital launches a $36M Fund I to back early B2B software and AI founders from pre-seed through early growth.
Dragonfly closes an oversubscribed $650M fund to back crypto and blockchain infrastructure across global markets.
Mundi Ventures reaches €750M first close for Kembara Fund I to back European deep tech and climate companies at Series B and C stage.
Elaia closes €120M first close for its fifth Digital Venture Fund to support engineering-driven European tech companies across stages.
Skybound Venture Capital launches publicly after stealth, backing deep tech founders from prototype stage with fast conviction and hands-on operator support across geographies.
Yonder closes a $4.64M micro-fund to back early marketplace and platform founders building network-effect businesses with durable unit economics.
2048 Ventures closes an oversubscribed $82M Fund III to lead pre-seed and seed rounds in vertical AI, deep tech, healthcare, and biotech startups.
b2venture raises a €150M Fund V to back Europe’s next generation of deep tech and enterprise software founders with long-term, conviction-driven capital.
Prototype Capital launches Fund III to back founders in robotics and physical AI, leveraging deep domain expertise and strong returns in hard tech innovation.
Nico Rosberg closes a $100M Fund III to scale investments in climate, mobility, and industrial technology startups across Europe.
Andreessen Horowitz launches a $15B multi-stage venture fund to support founders from early inception through growth, with deep capital and strategic runway.
Antler raises $160M for its second US fund, doubling down on investing at inception and supporting founders before companies, teams, or traction exist.
The Artists Collective launches a new artist-driven venture platform backing early-stage UK and European startups with capital, network access and strategic engagement.
Kibo Ventures launches an €80M Fund IV to back European founders outside the core tech hubs, doubling down on early-stage deep tech and AI innovation across the continent.
Robin Capital launches its €15M Fund II with a rapid first close, doubling down on conviction-driven early-stage investing in DACH and Europe.
Belief Capital closes a $20M first fund focused on high-conviction pre-seed and seed investments, offering founders a rare alternative to portfolio-driven venture capital.
Cloudberry VC launches Europe’s first semiconductor-dedicated venture fund with a €30M first close, backing founders in semiconductors, photonics, and advanced materials at a critical inflection point for global hardware innovation.
After raising an $8M seed round on its own, Boardy AI has now escalated into full venture mode — launching a $200M fund with AngelList and building a 1,000-scout program offering 50% carry. What started as a campaign to help 100 founders raise before year-end has turned into one of the most ambitious fund launches we’ve seen.
Future Energy Ventures closes its €235M Fund II to back digital, asset-light climate and energy startups across Europe. A major milestone in Europe’s race toward grid resilience, decarbonisation, and climate innovation.
Baobab Ventures, the new $15M solo-GP fund from ElevenLabs and Revolut backer Carles Reina, is backing pre-seed and seed founders in AI, robotics and defence with operator-led, momentum-focused capital
Clover, the new micro-VC from Samuel Tual, just closed a €30 M evergreen fund to invest in work- and education-centric startups.
R136 Ventures closes a new $400 M fund targeting growth-stage B2B software and fintech, marking a strategic window for innovation across the U.S., Israel and Europe.
United Founders has launched an €80M early-stage fund and pan-European founders’ community to unite Europe’s fragmented startup ecosystems. By backing AI, SaaS, and deep tech founders from Lisbon to Ljubljana, it aims to build the continent’s next trillion-dollar tech giants.
Sequoia Capital has unveiled two new early-stage funds totaling $950 million — a $750 M Series A vehicle and a $200 M seed fund — reaffirming its commitment to finding the next generational startups across AI, infrastructure and global markets.
Calm/Storm Ventures has raised €27 million for its second fund, doubling down on HealthTech and Austrian founders. With €50 million AUM, the Vienna-based VC led by Lucanus Polagnoli is scaling its early-stage impact across Europe.
Germany’s May Ventures has launched a €30M AI-native fund focused on early-stage founders across Europe. The firm targets pre-seed and seed startups in AI, SaaS, and deep tech with tickets up to €1.5M.
London’s Creator Fund has closed a $41M first close on its maiden pan-European institutional fund backing PhD founders and academic spinouts. With a target final close of $55M in 2026, the fund will make 40–45 early investments across Europe via a campus-embedded scouting model.
London’s Concept Ventures has closed Fund II at $88M, cementing its position as Europe’s largest dedicated pre-seed fund. Backed by global LPs and founders alike, the firm aims to lead 50 early-stage rounds across Europe and the UK.
In a bold move, ex-Sequoia partner Matt Miller has launched Evantic Capital, a $400M fund targeting B2B AI enterprises across Europe, the U.S., and Israel. What makes it different? Half of the fund’s carry is earmarked for operators and expert contributors who actively help startups scale — flipping the traditional VC incentive model.
Ventech has raised €175 million for Fund VI, its largest fund to date, targeting 35 European startups in AI, digital health, cybersecurity, and industrial software.
VoLo Earth has closed a $135 million second fund—50% larger than its debut—doubling down on capital-efficient climate solutions across energy, mobility, buildings, and industrial systems amid a tougher fundraising market.
Deora VC has launched as a focused fund investing in the nuts & bolts of enterprise AI. With $100-500k checks, they back technical founders building infrastructure—storage, data pipelines, compute tools, security—that enterprise applications demand.
Speedinvest launches two continuation funds totalling €60 million to provide early liquidity to Speedinvest II LPs, while retaining upside for high-growth portfolio companies in longer-term runway.
Santa Barbara Venture Partners raises $25M for Fund II, using secondary sales to deliver early gains for LPs while staying invested in capital-efficient software companies.
Lakestar has closed a $265M continuation vehicle, delivering liquidity for LPs while retaining upside in its top-tier European VC portfolio. Supported by institutional heavyweights and structured through a savvy secondary sale, it reflects a growing trend of preserving value amid lengthening exit horizons.
YC alum Kulveer Taggar has launched Phosphor Capital, a $34M early-stage fund backing Y Combinator startups. Focused on pre-seed and seed rounds, the fund brings founder-led expertise to one of tech’s most proven ecosystems, making it a natural first call for YC alumni raising capital.