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VC

LoQus23 Therapeutics exits stealth with GBP11.5m seed financing from the Dementia Discovery Fund and Novartis Venture Fund

LoQus23 Therapeutics (LoQus23), a company discovering small molecule therapies that target aberrant DNA mismatch repair (MMR) to treat Huntington’s and other triplet repeat diseases (TRDs), has closed its GBP7 million extended seed round.  LoQus23 secured the financing from Novartis Venture Fund (NVF) and its founding investor the Dementia Discovery Fund

Borderless Capital closes USD10m PLANETS.Fund

Borderless Capital, a Miami-based venture capital firm dedicated to the Algorand ecosystem, has closed PLANETS.Fund, a USD10 million fund focused on building a green data economy.  The fund will invest in the ecosystem surrounding PlanetWatch, the world’s first decentralised indoor and outdoor air quality monitoring network built on the Algorand

YFM closes GBP60m VCT fundraising for tech businesses in just seven weeks

YFM Equity Partners (YFM), has once again seen the offers for its two managed Venture Capital Trusts (VCTs) fully subscribed in a matter of weeks. After launching on 22 September, it has already succeeded in raising GBP60m of committed funds as it continues to invest in SMEs nationwide, with a

Octopus Titan VCT raises GBP200m in just four weeks

Octopus Titan VCT’s latest offer closed on Thursday 18 November, having raised its full fundraising target of GBP200 million in four weeks.  Meanwhile demand for VCTs is soaring, already raising almost 3.65x as much as the total raised at this point last year.   Managed by Octopus Ventures, one of

Edge Investments holds first close of second venture fund at GBP85m

Edge Investments has raised GBP85 million for its second venture fund, Create the Future, which is targeting a final close at GBP100 million. The British Business Bank, the cornerstone investor in the fund, has committed GBP50 million through its Enterprise Capital Funds programme, which aims to increase the supply of

KOMPAS launches USD160m venture fund

European venture capital fund KOMPAS has launched a USD160 million early-stage fund that will back breakthrough innovations that accelerate the adoption of digital technology and industrial automation in the real estate, construction, and manufacturing sectors, and dramatically reduce waste and CO2 emissions.  The new fund will be managed by Partners

Judo raises USD3m in seed funding

Judo, a mobile experiences platform company, has secured seed funding of USD3 million, in a round co-led by TenOneTen Ventures and Freestyle Capital.  The company raised capital after operating profitably to realise the market potential of its category-defining platform, which has been built to meet the needs of the most

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