UK impact VC Eka Ventures closes second fund at $107M
When Eka Ventures held the final close of its first fund at £68 million in 2021, the London-based firm staked a claim that few UK VCs were willing to make at the time: that impact investing and venture-scale returns were not a trade-off but a thesis. Five years later, it is doubling down. Eka has […]<br /> This story continues at The Next Web [...]
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Credo Ventures closes $88M fifth fund to stay the first cheque for CEE’s most ambitious founders
The Prague and Krakow firm, whose earliest bets include UiPath and ElevenLabs, is doubling down on pre-seed in Central and Eastern Europe and its global diaspora, with a six-partner team and a $1–5M [...]
Breakout Ventures closes $114m Fund III to back AI-powered science startups
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Kembara closes €750M first close to fuel growth of European deep tech startups
Europe’s largest dedicated deep tech growth fund has taken a major step forward after closing the first tranche of its fundraising effort at €750 million. The fund, known as Kembara Fund I and m [...]
Partech closes its first impact fund at €300M to back Europe’s next generation of industrial and climate tech scaleups
The Paris-based VC is targeting 15 B2B companies with revenues above €10M in clean manufacturing, sustainable agriculture, green construction, and digital health, with carry tied to impact performan [...]
Moonshot AI closes $500 million Series C to fund Kimi-K3 development and expand computing capacity
Moonshot AI raises $500 million and now sits on $1.4 billion in cash reserves, giving the Kimi chatbot maker room to develop its K3 model without rushing to IPO.<br /> The article Moonshot AI cl [...]
Swiss VC Emerald Technology Ventures hits €100M milestone for its Global Water Fund II
Temasek and the Grundfos Foundation have joined the fund as it passes its latest target, part of a broader push to channel institutional capital into water technology innovation. Water scarcity is not [...]
Empirical Ventures secures £10M from the British Business Bank to back UK ‘venture scientists
Empirical Ventures, which backs what it calls “venture scientists”, PhDs building deeptech companies across energy, materials, and life sciences, has received a fresh £10M commitment via the BBB [...]
FIRSTPICK closes €25M second fund to back Baltic founders before anyone else does
When FIRSTPICK backed Emilė Radytė in 2021, her company Samphire Neuroscience was still building its first product and the risk, by the fund’s own assessment, was high. There was no revenue, no cl [...]