Conversion Capital, an early-stage venture firm, has closed its oversubscribed and largest fund to date – the $122 million Fund III backed by institutions, family offices, and over a dozen founders. The new capital will fuel Conversion Capital’s investment into 25-30 pre-seed to Series A fintech companies building software, cloud

Venture capital firm Mountain Group Partners (Mountain Group) has closed the its third fund, MGP Venture Fund III (MGP Fund III), above target at $128 million. Mountain Group will continue its strategy of investing in early-stage companies within human and animal life sciences and disruptive technologies. MGP Fund III has

Seed-stage venture capital firm True Wealth Ventures has held the close of its oversubscribed Fund II with $35 million in capital commitments. The seed-stage VC firm focuses on maximizing the number of women in its funds to invest in women-led companies. Fund II’s close follows True Wealth Ventures’ 2018 $19.1

Twin Bridge Capital Partners (Twin Bridge) a private equity firm that targets investments in the North American small and lower middle market, has closed its fifth flagship lower middle market fund, Pacific Street Fund V, with more than $880 million in capital commitments. Fund V was oversubscribed and exceeded its

Illumina, a specialist in DNA sequencing and array-based technologies, has invested in Time Boost Capital I LP, a £30 million genomics venture fund dedicated to providing match funding to startups graduating from Illumina Accelerator Cambridge with the aim to advance breakthroughs in human health. Illumina Accelerator, located in both San

Plural, a new investment platform started by the founders and backers of some of Europe’s most significant tech companies, has launched, along with a €250 million early stage venture fund to back the next generation of founders with global ambitions.

MaC Venture Capital, a seed-stage venture capital firm based in Los Angeles and Silicon Valley, has successfully raised a $203 million Fund II, building on the $110 million seed-stage fund secured in March 2021. MaC Venture Capital, a majority Black-owned firm, will use Fund II capital to double down on

Minority-owned, emerging real estate investment manager, Brasa Capital Management LLC (Brasa), has successfully closed Brasa Real Estate Fund II (Fund II), at its hard cap of $450 million. With an original target of $300 million, Brasa has now exceeded its fundraising goal on its first two discretionary investment vehicles. In

Heligan Group has closed its debut fundraise for its Heligan Investments business. The Heligan Private Equity I fund will mainly target buyout investments (but will also consider minority investments on a case-by-case basis) in high growth technology companies with enterprise values between £5 million and £50 million and with a

New York City-based venture capital firm Vine Ventures has closed its second fund, Fund II, with total commitments of $140 million from a raft of investors including Tiger Global Management, Goldman Sachs, General Atlantic, and Blackstone, according to a report by CTech. The founders of Carta, Shutterstock, and Hippo are