Cherubic Ventures has held the final closing of its fifth fund at $110 million bringing the firm’s total committed capital under management to over $400 million, according to a report by Deal Street Asia. Cherubic, a venture capital (VC) firm with operations in Silicon Valley and Greater China, will employ its existing investment approach for Fund V of looking to become the first investor to back up-and-coming  US and Asian startups. Cherubic also actively sources deals from angel to pre-IPO funding stages with professionals stationed in San Francisco, Taipei, and Shanghai. Over half of the new fund’s capital will be

Golding Capital Partners, one of Europe’s leading independent asset managers for alternative investments, has held the first closing of its fund Golding Buyout 2021 at €155 million.  The successful track record of its three predecessor funds and its compelling investment strategy for the current market convinced both existing investors and new clients.  The fund will construct a selected portfolio of primary funds in Europe and the USA, with a focus on small and medium-sized companies in Europe and the USA operating in the sectors technology, healthcare and B2B services. The portfolio will be balanced by opportunistic secondary and co-investments to

CoinFund, a web3 and crypto-focused investment firm, has launched CoinFund Ventures I (Ventures I), a new $300 million early-stage venture capital fund, backed by a combination of sophisticated institutional investors, family offices, and cryptonative founders.  Ventures I seeks to back the most ambitious founders across blockchain sub-sectors demonstrating early traction and large potential market sizes.  A number of current CoinFund seed stage portfolio companies are preparing to raise Series A funding and wish to maintain the support and partnership of CoinFund’s cryptonative investing team and its “founders first” philosophy. In addition to making early-stage, venture-scale investments in existing portfolio companies

Brazil-based Fuse Capital has commenced fundraising for Fuse Capital Fund II, which will focus on investments in Web3 startups in Latin America. The goal is to raise $50 million in total. Fuse Capital Fund II will be aimed at companies solving traditional world problems, still dominated by Web2, while using technologies embedded in the Web3 framework, such as blockchain, DeFi (Decentralised Finance), stablecoins and NFTs. The solutions can be aimed at diverse sectors, from open finance to health, infrastructure, e-commerce and insurance, among others. Another differential of the fund will be its term of five years, it is a premise

Thompson Street Capital Partners (TSCP) has closed its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (TSCP VI) with total commitments in excess of the fund’s $1.5 billion target. Commitments to TSCP VI came from a well-respected and diverse group of new and existing global limited partners, including leading public, corporate and foreign pension funds, endowments, insurance companies, foundations and family offices. As with its prior funds, TSCP’s partners made substantial capital commitments to TSCP VI. TSCP pursues investment opportunities in the Life Sciences & Healthcare, Software & Technology, and Business and Consumer Services and Products sectors.

Golding Capital Partners has held the first close of its first global impact fund at €65 million, with commitments coming from several institutional investors, both existing and new, from Germany, Sweden and Switzerland.  At this early stage, the private equity fund of funds has already invested in two target funds and diversified along several key dimensions in line with its investment strategy.  The fund focuses on companies in Europe, North America and emerging markets with transformative business models in the fields of renewable energy and resource efficiency (35 percent), sustainable agricultural technology (35 percent) and also includes financial services (30

E.ON’s current venturing team, Future Energy Ventures, has established a new, independent Luxembourg-domiciled venture capital fund, Future Energy Ventures Fund I SCA SICAV-RAIF. This launch marks a new chapter for the venturing team in its mission to create a decarbonised future through Europe’s leading energy transition venture fund. E.ON, one of Europe’s largest operators of energy networks and energy-related infrastructure, has committed to be an anchor investor to the Fund. In an important step towards the first closing of the Fund and the venturing team’s planned independent future outside of E.ON, BaFin, Germany’s financial regulator, has granted a license to