Topic: fund management
-
Neil Murray Raises Third Nordic-Focused VC Fund
Neil Murray's Copenhagen-based firm closed a new $6 million venture fund to invest in early-stage Nordic robotics, AI, and deep tech startups, reflecting the region's strong innovation momentum. He strategically capped the fund at $6 million, turning away over $20 million to prioritize investor a...
Read More » -
OpenAI now defines Thrive Capital, its first letter shows
Thrive Capital disclosed that one of its funds has grown to roughly $3.7 billion in value, driven almost entirely by early stakes in OpenAI and SpaceX, with most gains still unrealized and dependent on rising private market valuations. The firm is partially selling some of its OpenAI stake to tak...
Read More » -
LUMO Fund Secures €6M Investment from Spain's SETT
The LUMO Fund, a €100 million impact venture capital fund, has secured a €6 million public investment from Spain's SETT to boost early-stage tech startups in Spain and Europe, focusing on UN Sustainable Development Goals. The fund will invest in 30-35 deep tech startups from pre-seed to Series A,...
Read More » -
FIRSTPICK Raises €25M Second Fund to Back Baltic Startups
FIRSTPICK has closed a €25 million second fund to invest in Baltic pre-seed and inception-stage startups, with initial tickets of €100,000-€500,000 and support from local entrepreneurs and state institutions. The fund's strategy focuses on backing unconventional founders and AI-first software com...
Read More » -
Superorganism Secures $25M to Fund Biodiversity Startups
Superorganism, a new venture capital firm, has raised $25.9 million to exclusively fund early-stage startups developing technology to protect and restore biodiversity, aiming to fill a critical funding gap. The firm invests in three core areas: preventing species extinction, climate-biodiversity ...
Read More » -
Montis VC Secures €50M to Fuel European Energy & Industrial Tech
Montis VC, a new Warsaw-based venture capital fund, has raised €50 million to invest in early-stage European startups at the intersection of energy transition, industrial automation, and AI. The fund's first close is anchored by institutional investors like the European Investment Fund and the Po...
Read More » -
Norway's $1.5T Fund Deals Blow to Musk's $56B Pay Package
Norway's $1.5 trillion sovereign wealth fund has voted against Tesla's proposed $56 billion compensation package for Elon Musk, citing concerns over its scale and shareholder dilution. The fund, which holds a 1.14% stake in Tesla, acknowledged Musk's contributions but opposed the plan due to gove...
Read More » -
Defense Tech Has Cash, But Who Will Survive?
The defense tech sector is booming with surging valuations for companies like Anduril and Mach Industries, plus a push for 40% higher U.S. defense spending, but venture capitalist Ross Fubini warns that most new startups will fail in the "Valley of Death" between prototype and production contract...
Read More » -
VCs Need Storytelling: Day One Ventures' Masha Bucher Explains Why
Masha Bucher founded Day One Ventures to invest in startups while providing integrated PR support, believing this hybrid model creates more impact and better returns than traditional PR alone. She critiques the standard PR retainer model as too slow and costly for startups, instead embedding PR i...
Read More »