Cornerstone Ventures, a venture capital firm specialising in business-to-business (B2B) enterprise technology investments, on Tuesday announced the launch of its second fund with a target size of $200 million including a green-shoe option of $50 million.The fund, with a 12-year lifecycle, would offer flexible ticket sizes ranging from $5 million to $15 million in a mix of early- to growth-stage startups, Cornerstone Ventures said in a statement. It plans to invest in 15-20 startups with the...
London venture capital funding fell to its lowest level since 2018 during the first quarter of this year, with only $1.7bn in funding raised.
An elite player in the private equity and venture capital investing space, Black-owned Fairview Capital Partners has sold a minority ownership stake to New York Life.
BOSTON — State dollars for the emergency family shelter system are dwindling, and restaurateurs who for years enjoyed expanded outdoor dining and the ability to sell drinks to go remain "in limbo" amid a sustained period of legislative disagreement.
In support of the commitment to its local communities, The NWH Group is aiming to empower local charities to sustain their vital community-based activities. The company first launched its community fund in 2016 and has since donated £168,000 to good causes. The fund, which is open now for applications, operates on a transparent and inclusive basis. Charities aligned with the NWH Group's core pillars of support, operating and supporting the local communities in which it operates, will be eligible...
Malaysia's sovereign wealth fund Khazanah Nasional Bhd. will set up a
Malaysia’s sovereign wealth fund Khazanah Nasional Bhd. will set up a venture capital of up to 3 billion ringgit ($627 million) with two other partners to invest in startups in Southeast Asia.
Quantonation Ventures has secured €70m (£60m) in the first close of its second early-stage quantum technology investment fund. Founded in 2018, Quantonation is a VC firm that targets deep tech companies, particularly those developing quantum computing technology. Through its first fund, Quantonation backed 27 companies, including London-based Orca Computing, which raised £12m in June 2022, […]
Today on Equity we dig into Multiverse's acquisition of Searchlight, Guesty's massive Series F, Monad Labs and Cyera's mega-round. © 2024 TechCrunch. All rights reserved. For personal use only.
Investment group Seraphim Space has announced the first close of its second early-stage space tech venture fund. The Seraphim Space Venture Fund II (SSV II) will back early-stage space tech startups from seed to Series A round. A Seraphim spokesperson declined to comment on the target size of the fund, but said it would be […]
As Chicago and the rest of the country face a persistent homeless pet crisis and the rising number of cats and dogs entering shelters continues unabated, PAWS Chicago has launched a Chicago Animal Crisis Fund that will treat and save more homeless pets.
Israel's government has launched a new fund to encourage institutional investors to boost investments in high-tech companies, the Israel Innovation Authority said on Sunday. The tech sector is a key driver of Israel's economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income. The high-tech sector is a central and significant pillar of the Israeli economy, and we must ensure diversity in its sources of funding, said Finance Minister Bezalel...