Blisce, a B Corp certified transatlantic growth VC fund that has previously backed ventures including Spotify, Pinterest and Headspace, has launched the new fund Blisce Fund II, with a final target of USD350 million.
Launches & Fundraising
Revere VC, a San Francisco and Hong Kong based asset management firm, has launched The Portal, a curated VC platform, and its inaugural fund strategy, the Prime Access Fund.
Park Square Capital (Park Square) has held the final closing of its fourth subordinated debt fund, resulting in total investable capital of EUR2.2 billion.
Flexstone Partners' Global Opportunities IV, has attracted USD322 million of commitments after a first close in November 2020 and has already completed three investments.
New State Capital Partners (New State) has closed its third institutional investment fund, New State Capital Partners Fund III with USD450 million in committed capital.
Wasabi, the hot cloud storage company, has secured USD112 million in Series C funding led by Fidelity Management & Research Company with participation from existing investors.
CVS Health has launched CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler.
CAPZA has held the final closing of its CAPZA 5 Private Debt fund above its target with an investment capacity of EUR1.6 billion, exceeding the final closing of the previous fund (EUR950 million).
Freya Capital a venture capital fund that aims to provide investment support to early-stage companies has been added to the latest edition of the Polish Development Fund (PFR) Starter programme. The total capitalisation of Freya Capital is PLN64 million.
Boston-based NorthBridge Partners (NorthBridge) and New York-based Park Madison Partners have announced the final close of NB Partners Fund III, LP (Fund III), which was oversusbcribed at its USD500 million hard cap.