Venture capital firm Redalpine has achieved a major milestone with the final closing of its largest-ever fund, Redalpine Capital VII (RAC VII), totaling $200 million. This record-setting fund is poised to drive innovation across Europe, supported by a strategic expansion that includes a new office in London. Founded in Zurich in 2006, Redalpine has nearly…
Qubit Capital, a pioneering force in AI-driven matchmaking for startups and investors, has achieved a major milestone in the venture capital sector. Since its launch in 2020, the platform has facilitated an impressive $215 million in funding across more than 64 startups, revolutionizing how early-stage ventures secure crucial investment. In the second quarter of 2024,…
In a significant move poised to reshape Europe’s tech landscape, Balderton Capital, the London-based venture capital firm, has announced a monumental $1.3 billion (€1.1 billion) investment package. The firm will deploy this capital through its newly established Early Stage Fund IX, raising $615 million (€563 million), and Growth Fund II, which garnered $685 million (€627…
Car Capital Technologies, Inc. (“Car Capital”), a leading provider of financing solutions for independent and franchise automotive dealerships, has announced significant advancements in its growth strategy. The company has secured a $70 million committed warehouse facility and reinforced its equity capital, marking pivotal steps towards enhancing its market presence in automotive financing. The senior/subordinate warehouse…
Juno, a trailblazer in the realm of child disability insurance in the U.S., has announced a significant milestone with the closure of an $8.5 million Series A funding round led by Spero Ventures, alongside contributions from Floating Point, Newark Ventures, and WVV Capital. This latest infusion of capital brings Juno’s total raised funds to $12.5…
Menlo Ventures, a renowned venture capital firm known for its strategic investments, has teamed up with Anthropic, a leader in AI safety and research, to introduce the Anthology Fund—a transformative $100 million initiative. This collaborative effort aims to propel the development of cutting-edge AI applications and infrastructure solutions, leveraging Anthropic’s advanced technology and AI models….
VentureSouth, recognized as one of North America’s top 10 angel groups, has announced a dynamic start to 2024 with investments totaling $5.5 million into 24 early-stage companies across the Southeast. The group also distributed nearly $2 million in returns to investors from previous successful investments, showcasing its commitment to fostering regional innovation and economic growth….
In a significant stride towards fostering disruptive entrepreneurship, thebad.company proudly announces a successful $2.3 million funding round to inaugurate its pioneering Hybrid Brand Accelerator. This milestone underscores the company’s commitment to empowering visionary startups that challenge norms and drive positive industry shifts across diverse sectors. Under the stewardship of Chief Innovation Officer Brad Kellum and…
Mundi Ventures has announced the successful closure of a €25 million investment round, led by the Agencia Española de Cooperación Internacional para el Desarrollo (AECID). This substantial funding will be channeled into insurtech startups and related sectors aimed at enhancing and digitalizing the insurance landscape in Latin America. AECID, a key entity within the Spanish…
BOOOM, a newly established microfund, has announced a €17 million investment initiative aimed at fueling the growth of early-stage B2B software startups across Europe. Led by Felix Plapperer, former Partner at SquareOne and now General Partner at BOOOM, the fund plans to allocate between €100,000 and €400,000 per startup, targeting companies at angel-only rounds, Pre-seed,…
