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Early-stage VC Leo Capital launches Nordic fund, marks first close
VCCircle
·
10m ago
Medial
Early-stage VC firm Leo Capital has expanded its operations into the European region by launching a Nordic fund. The fund, registered in Finland, aims to raise €25 million (Rs 234 crore) and recently reached its first close. Leo Capital primarily focuses on investing in startups in the India-US corridor and is now targeting investments in the Nordic region as well.
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Leo Capital closes first €25 million Nordic Fund; to invest in about 25 B2B tech startups
Economic Times
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10m ago
Medial
Early-stage venture capital firm Leo Capital has raised €25 million for its Nordic Fund, which will focus on investing in B2B tech startups in the Nordic region. The fund aims to support startups from the pre-seed stage, with investments ranging from $250,000 to $400,000 per startup. The capital was primarily raised from Business Finland Venture Capital and various global investors. Leo Capital has been active in Europe since 2021 and has invested in startups such as Apica, Atoa, and Eir. The firm sees potential in the under-invested India-Europe corridor and aims to be a first mover in this space.
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Nordic Foodtech VC Secures €40M First Close for €80M Deeptech Food and Agtech Fund | DeepNewz VC
Business Bytes
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1m ago
Medial
Nordic Foodtech VC has successfully secured a EUR 40 million first close for its EUR 80 million deeptech fund focused on food and agtech innovations. This investment aims to support startups and companies creating cutting-edge technologies in the food technology and agricultural sectors. Meanwhile, Amplify has launched a new $200 million biotech fund, with Elliot Hershberg joining as a partner to lead early-stage investments in biotechnical innovations. These initiatives underscore growing interest and investment in tech-driven food and biotech solutions.
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All In Capital unveils second early-stage VC fund, marks first close
VCCircle
·
3m ago
Medial
All In Capital, an early-stage venture capital firm, has launched its second fund, marking its first close nearly three years after finalizing its debut fund. The firm, known for backing startups like PierSight Space, MasterChow, and Wint Wealth, was co-founded by ex-upGrad executive Kushal Bhagia and former Stride Ventures partner. This new fund continues All In Capital's strategy to support promising early-stage ventures.
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Nordic VC Voima Ventures launches €90M fund for deep tech startups
TechCrunch
·
2y ago
Medial
Voima Ventures, a Nordic venture capital firm, has announced the launch of a €90 million fund dedicated to deep tech startups. The fund aims to support companies focused on cutting-edge technologies such as artificial intelligence, quantum computing, and robotics. Voima Ventures seeks to fuel innovation in the deep tech sector and foster the growth of promising startups in the Nordic region. Voima also occasionally delves into later stage investments where it involves existing portfolio companies.
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Navam Capital marks first close of maiden VC fund
VCCircle
·
1y ago
Medial
Navam Capital has achieved the first close of its inaugural venture capital fund, according to an executive at the firm. The Navam Venture Fund I was launched last year and primarily targets early-stage startups in frontier technology sectors, including aerospace and climate-tech. The fund aims to support emerging companies and fuel innovation in these areas. Navam Capital's successful initial close indicates positive investor interest in their fund and their mission to back promising startups.
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Micro VC firm Gemba Capital floats second fund
VCCircle
·
11m ago
Medial
Micro venture capital firm Gemba Capital has launched its second investment vehicle, targeting a corpus of INR 250 crore ($34m). The Indian firm, which backs early-stage “platform-first” businesses in three key sectors – consumer technology, fintech and B2B platforms – aims to make follow-on investments with 30% of the fund. Gemba Capital, which raised INR 70 crore for its first fund in 2022, aims to make the final close of fund II by the end of this year.
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GlobalLogic, Pine Labs co-founder's VC fund Leo Capital loops in Gulf LP
VCCircle
·
1y ago
Medial
Leo Capital, an early-stage VC firm focusing on technology investments in India and Southeast Asia, has secured a commitment from a Dubai-based fund-of-funds for its third investment vehicle. Founded in 2018 by Rajul Garg and Shwetank Verma, Leo Capital has received backing from a Gulf LP. The firm is known for its investments in innovative startups and has a strong presence in the region's tech ecosystem.
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VC firm Ankur Capital gets key LP, eyes first close of third fund this month
VCCircle
·
1y ago
Medial
Mumbai-based venture capital firm Ankur Capital is expected to make the first close of its latest fund by the end of this month. The firm, known for investing in early-stage startups in India, has previously backed companies like Rupifi and Captain Fresh. Ankur Capital aims to support companies that are addressing India's social and environmental challenges.
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Triton rolls out second VC fund, hits halfway mark at first close
VCCircle
·
5m ago
Medial
Triton Investment Advisors, an early-stage venture capital firm in Mumbai, announced the first close of its second fund, raising Rs 120 crore, half of its Rs 240 crore ($28 million) target. The new fund, 5.5 times larger than its first 2015 fund, will focus on B2B tech and tech-enabled services. Triton plans to invest in 10-15 companies with Rs 15 crore per investment, targeting pre-Series A and Series A rounds.
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Early-stage VC z21 Ventures raises $20 million in first close of second fund
Economic Times
·
10m ago
Medial
Early-stage investment firm z21 Ventures has raised $20 million in the first close of its $40 million second fund, with WestBridge Capital as an anchor investor. The fund will continue to support technology startups in various sectors including AI, enterprise software, and healthcare. z21 Ventures was founded in 2022 by Abhinav Shashank and Raj Shekhar Singh, and its community-led model includes limited partners from companies such as Google, Cisco, and Amazon. The announcement follows the complete deployment of z21's $5 million maiden fund earlier this year. The second fund aims to raise more capital from industry experts to support early-stage founders.
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