Runa Capital closes $70M for its third fund aimed at early-stage DeepTech

Runa Capital closes $70M for its third fund aimed at early-stage DeepTech

Runa Capital, an international VC firm HQ’d in Silicon Valley says it has now closed $70 million for its third fund aimed at backing early-stage startups in so-called ‘DeepTech’. Runa says it is aiming for a $135 million final target for Runa Fund III. Last year, its total funding in the U.S. increased by 30 Read more about Runa Capital closes $70M for its third fund aimed at early-stage DeepTech[…]

A91 Partners, a new VC fund from former Sequoia Capital India execs, closes $351M maiden fund

A91 Partners, a new VC fund from former Sequoia Capital India execs, closes $351M maiden fund

India’s growing number of startups now have one additional VC fund that will listen to their business ideas. A91 Partners, a new VC fund founded by former partners at Sequoia Capital India, has closed their maiden fund at $351 million. A91 Partners will focus on high growth startups in consumer, technology, financial services, and healthcare sectors Read more about A91 Partners, a new VC fund from former Sequoia Capital India execs, closes $351M maiden fund[…]

Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation

Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation

Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding. Confirming TechCrunch’s scoop in April, the Series F round is led by Y Combinator’s “Continuity” growth fund, and gives the company a new £2 billion (~$2.5b) post-money valuation. That’s double the £1 billion valuation Read more about Monzo, the UK challenger bank, raises £113M Series F led by YC’s Continuity fund at a £2B post-money valuation[…]

Northwestern Mutual has carved out $150 million for another fintech and insurance investment fund

Northwestern Mutual has carved out $150 million for another fintech and insurance investment fund

Northwestern Mutual is setting aside $150 million for a second venture fund. “We’re committed to transforming the client experience to drive change within the financial services industry,” said Souheil Badran, executive vice president and chief innovation officer, in a statement. “This additional capital will allow us to build on the success of Northwestern Mutual Future Read more about Northwestern Mutual has carved out $150 million for another fintech and insurance investment fund[…]

2048 Ventures raises $27M fund to back first-time founders and the ‘first-time founder mindset’

2048 Ventures raises $27M fund to back first-time founders and the ‘first-time founder mindset’

2048 Ventures, a new early-stage firm founded and led by Alex Iskold and Paul Sethi, is announcing that it has raised a first fund of $27 million. Iskold spent five years as the managing director of Techstars NYC, and he previously founded Info Lab and GetBlue. Sethi, meanwhile, recently served as CEO of Redbooks whiel Read more about 2048 Ventures raises $27M fund to back first-time founders and the ‘first-time founder mindset’[…]

Sustainability-focused Ecosystem Integrity Fund closes on $100 million

Sustainability-focused Ecosystem Integrity Fund closes on $100 million

With six deals already under its belt, the sustainability focused investment firm Ecosystem Integrity Fund has closed its third investment vehicle at its $100 million target. Investments in the third fund include EV Connect, an electric charging company; eMotorWerks, the charging demand management software and service provider acquired by Enel; solar mounting company, Pegasus Solar; Read more about Sustainability-focused Ecosystem Integrity Fund closes on $100 million[…]

A16z ushers in new fund strategy with $2.75B

A16z ushers in new fund strategy with $2.75B

Axios reported this morning that Andreessen Horowitz, the storied venture capital firm with investments in Airbnb, BuzzFeed and Coinbase, has closed on $2.75 billion for two new funds. The firm has raised $2 billion for a growth fund led by their most recent hire and 15th general partner David George. Additionally, a16z has lassoed $750 Read more about A16z ushers in new fund strategy with $2.75B[…]

Jungle Ventures hits $175M first close on its third fund for Southeast Asia

Jungle Ventures hits $175M first close on its third fund for Southeast Asia

Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come to learn. Executives at the Singapore-based firm anticipate that the new fund, which is Jungle’s third to date, will reach a final close of $220 Read more about Jungle Ventures hits $175M first close on its third fund for Southeast Asia[…]

Former NEA partner Jon Sakoda takes the wraps off his new, Cisco-backed venture fund, Decibel

Former NEA partner Jon Sakoda takes the wraps off his new, Cisco-backed venture fund, Decibel

Jon Sakoda needed to decompress, he says. The founder-turned-venture investor had logged a dozen years with the investing heavyweight New Enterprise Associates after selling his last startup to Symantec in 2006, and what he wanted by last summer was more time with his kids, and less time with his phone, which he turned off for Read more about Former NEA partner Jon Sakoda takes the wraps off his new, Cisco-backed venture fund, Decibel[…]

Ludlow Ventures raises $45m for third fund

Ludlow Ventures raises $45m for third fund

Ludlow Ventures raised another $45 million to invest in young startups. The Detroit-based venture firm is today announcing it closed its third fund since the firm’s founding in 2010. Founding and managing partner Jonathon Triest tells TechCrunch the firm set out to raise another $45M and were immediately oversubscribed. Triest says Ludlow Ventures, with its Read more about Ludlow Ventures raises $45m for third fund[…]