Infinity Ventures Crypto (IVC) has announced the closing of its inaugural fund capped at USD70 million. The focus of the fund is to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3 innovations. IVC has attracted investments from Circle, Digital Currency Group, and Animoca Brands. Since its founding in August 2021, IVC has injected capital and expertise into 78 portfolio companies. With 13 years of experience in traditional venture capital under the sister fund Headline Asia, IVC leverages its global network to empower blockchain startups across the globe, including those in Southeast Asia, Taiwan, Japan, US, and

SWEN Capital Partners, a provider of unlisted sustainable investment solutions, has raised a further EUR43 million from institutional investors globally for its Blue Ocean Fund in its latest funding round. The fund now stands at EUR95 million, making it one of the leading venture capitalist funds worldwide dedicated to ocean health. Launched less than six months ago, the Fund is well on track to reach its goal of EUR120 million this year.    BPI, the French Sovereign Investment Fund and Ifremer, the National Institute for Ocean Science, are among the latest investors to back the Blue Ocean strategy. They join

OceanSound Partners (OceanSound), a growth-oriented private equity firm that invests in technology and technology-enabled services has held the final close of its inaugural fund, OceanSound Partners Fund, with USD780 million in total capital commitments. The fund closed substantially above its target of USD550 million.  OceanSound received support from a diverse group of well-regarded limited partners, including leading pension plans, endowments and foundations, family offices, institutional consultants, asset management firms and insurance companies. Based in New York, OceanSound focuses on investments in middle-market companies where its expertise at the intersection of government and enterprise end markets can drive strong growth and

Nordic buyout investor Polaris Private Equity (Polaris) has held the first close of Polaris Flexible Capital (PFC) at DKK500 million. The fund has a final total target of DKK1 billion. PFC is a new fund launched by Polaris in 2021 to make investments in subordinated loan capital (junior capital etc.) and minority shareholdings. The Fund will make capital available to companies which need financial backing while maintaining control of their business, and is expected to begin to deploy capital this quarter. The closing follows Polaris’ successful completion of fundraising for its latest flagship vehicle, Polaris Private Equity V K/S, which

The Off Grid Electricity Fund (OGEF), a renewable energy access fund for Haiti supported by the World Bank, has provided a USD230,000 investment in the form of debt financing and catalytic grants to Alina Eneji to pilot mesh-grid technology at scale. Alina Enèji’s is a Haitian company established in 2021 to provide reliable, clean, and affordable, energy to rural households in the country. It launched an initial pilot of 35 households in the Dulagon area with Okra Solar, whose mesh-grid technology enables households to access clean and productive power.     OGEF was launched by the Haitian Government in 2019 with

Scottish impact investor, SIS Ventures, is launching a second round of fundraising with the aim of attracting up to GBP5 million to scale up its support for Scotland’s high impact potential early-stage businesses.

Saudi Arabia’s wealth fund to seed venture and private equity firms investing in the country, is backing Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, according to a report by Bloomberg.

Alternative assets investment manager Clave has launched a fund with a target size of EUR80 million to invest in early-stage technology transfer projects linked to knowledge-generating centres in the healthcare field.