London-based VGC Partners is launching its GBP1 million Technology Seed Fund IV, headed by Parminder Basran, which looks to invest in early stage, tech companies which are addressing corporate innovation challenges.
Launches & Fundraising
Epidarex Capital (Epidarex), a transatlantic life science venture firm, has closed Epidarex Capital III UK LP at GBP102.1 million.
Nordic lower mid-market growth and buyout group Priveq, which invests in companies within the consumer, healthcare, IT and software sectors, has closed its sixth fund on SEK 2.5 billion.
Hoxton Ventures has held the final close of its second fund, an early stage European VC fund, which includes seed investments in Babylon Health, Deliveroo and Darktrace.
Growth equity investment firm FTV Capital (FTV) has closed its sixth and largest fund to date, FTV VI, at ts hard cap of USD1.2 billion in capital commitments from existing and new limited partners.
German independent asset manager Prime Capital AG has reached a EUR202 million first closing on its Prime Green Energy Infrastructure Fund, its first commingled product in the infrastructure space.
The Luxembourg-domiciled euro denominated structure closed with EUR 260 million of commitments on 27 March, surpassing its EUR200 million target.
Zürich-based private equity firm Evoco has held a first close of its third fund, Evoco TSE III SCSp at EUR93 million, representing more than 50 per cent of the target size of its third institutional fund.
Spanish biotech VC firm Ysios Capital has held a first close of its third fund, Ysios BioFund III, at EUR155 million.
Wing Venture Capital announced today that it has raised Wing Three, a USD450 million pool of capital dedicated to early stage investing and long-term company-building in enterprise technology.