Startupticker.ch’s Post

Today we announced our newest $1.6 billion fund, IVP 18. I had the privilege of joining IVP 19 years ago when we were investing out of IVP XI, a $300M vehicle raised in the year 2004. Our mission remains the same - to fuel growth in the sharpest technology companies. A huge thanks to the limited partners of fund 18 who are entrusting us to be stewards of their capital - we don't take that responsibility for granted. The level of founder talent is sky-high, especially as they harness the power of AI to build businesses that would have been impossible even 2 years ago. These entrepreneurs are resilient and battle-tested - they are often the ones who build the largest and longest enduring companies. We deeply believe the founders we partner with over the next decade will be some of the most transformative builders we have ever worked with over our 44 year history. We've already partnered with pathbreaking AI native companies like Grammarly DeepL Jasper Perplexity Glean Abridge Baseten and are excited for many more to add to this list in fund 18! A special thanks to the amazing founders who spoke with Allie Garfinkle. We are always indebted to be a small part of your incredible journeys. George Kurtz Jyoti Bansal Ilkka Paananen Bipul Sinha thank you! None of this is possible without the tenacious team at IVP. The true joy is being able to work with these individuals over the course of months, years and decades. Steve Harrick Eric Liaw Tom Loverro Ajay Vashee Cack Wilhelm Alex Lim Dennis Phelps Jules Maltz Sandy Miller Todd Chaffee Norm Fogelsong Richard Clarke Tamar Yehoshua Blair Shane Tracy Hogan Kelly O'Kane Davey Nickels Leslie Schuster Stolper Zack Willis Angela Zhu Karthik Ramakrishnan Shravan N. James Black and many others make the wheels turn ever day! Lastly, we honor the legacy of IVP founder Reid Dennis who passed away last week. During the many uncertain months in 2022 and 2023, I went back to an interview that Reid did on the oral history of venture capital during the last crisis back in 2009. In it, he walked through the evolution of our industry and firm. One of his favorite phrases was "Innovation is nothing new...", a tongue in cheek reminder that the ideation/creation process never ends and will always bring sunny days after periods of so called doom and gloom. Read more about IVP and our new fund in Fortune: https://lnkd.in/gB8n47Py

EQT Group, the Stockholm-based venture capital firm, has successfully concluded the fundraising for EQT X, securing €22B in commitments and surpassing its initial €20B target. This achievement sets a new record for one of the largest private equity funds ever raised, representing a nearly 40% increase from EQT IX’s closing at €15.6B in April 2021. 𝗥𝗘𝗔𝗗 𝗧𝗛𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 👉 https://lnkd.in/dJjpHmNW Hermann Rauch Kim Henriksson 🇸🇬🇺🇦Petter Weiderholm Christian Horn Julian Söderström Sebastian Lorenz Mathilda Sjöberg Eirik Dahle Benzon Johan Hylander Matthew Kestenbaum Pontus Elmér Richard Enquist Suzanne Donohoe Per Franzen Tyler Parker Marc-Alexander Straubinger Elly Thio Patrick Jaslowitzer Nils Petter Nygaard Dominik Stein Louise Ellis Victor Englesson Niels Erik Olsen Marc Stilke #venturecapital #privateequity #finance #startups #founders #investmentfund #investors #vc

🚀 Cinven Sets New Heights with $14.5B Fund 8 Close 🌟 Cinven, the renowned international private equity firm, has just achieved a major milestone with the final close of its Eighth Cinven Fund, raising an impressive $14.5 billion! 🎉 💼This latest fund, nearly 30% larger than its predecessor, underscores Cinven's exceptional track record and investor confidence as noted by IR head Alexandra Hess: “We greatly appreciate the support for Fund 8 that we have received from both longstanding and new investors. With their support, we have been able to complete another successful fundraise despite the difficult market backdrop. We believe market environments such as these support successful fund vintages for investors; particularly given Cinven’s experience identifying attractive opportunities across sectors and geographies in periods of volatility.” With deep sector expertise and a global network, Cinven focuses on building long-term, sustainable businesses with significant growth potential. 💰📈 🤴Led by Managing Partner Stuart McAlpine and Partner Alexandra Hess, Cinven's success in raising Fund 8 highlights its commitment to delivering strong returns and creating economic impact responsibly. 🌍💼 💡Originally founded as the private investment arm of the British Coal pension scheme in 1977, Cinven became independent in 1995; raised its first Fund in 1996; and has raised Funds of more than €50 billion in aggregate to date.✨ ✅ Looking to raise capital for your #fund and increase the international pool of #investors? Need warm #LP introductions?   📝 Selling #secondaries to increase liquidity? Looking for buyers of #startup shares? #LPs shares for sale? #GP stakes for sale?   ▶ For inquiries and free consultations on how G+QUANT can assist, please contact Jasmina Ibrahimagic at jasmina@gplusquant.com       #VentureCapital #VentureFunding #VentureDebt #Fundraising #Innovation #Technology #Entrepreneurship #Investing #Network #Investors #LPs #GPs #EmergingManagers #FamilyOffice #Markets #Economy #Business #Founders #Startups #StartupFunding #ai #artificialintelligence#unicorn #secondaries #secondarydeals #PrivateEquity #Investment #GrowthStrategy #GlobalInvesting #SustainableGrowth #Cinven 🚀

Great article from Sifted on the wave in secondaries 🌊🌊🌊🌊 (pity about the cover photo Mike Turner). Interesting to read about VCs increasingly raising funds to buy secondary stakes, echoing the rise of PE continuation funds

Thanks to the great support of our investors, existing and new, we have completed the £60m raise across five of our six VCTs.   Will Fraser-Allen notes that: “Despite the challenging macroeconomic and geopolitical environment, it is encouraging to see that the Albion VCTs’ fund raising target was over-subscribed which is a strong endorsement for the Albion team... There is a substantial opportunity to back the category leading software and healthcare businesses of the future.   #VCTs remain an attractive long-term vehicle for investors as they are able to invest throughout economic cycles; they provide compelling tax benefits and have delivered good long-term performance.”    More details here: https://lnkd.in/d7qhDpT7   #vct #investmentmanagement #venturecapital

Raising venture capital for an early stage, consumer start-up is notoriously difficult. 🤦♀️   To try to ease the pain ever so slightly, I’ve compiled a fairly exhaustive list of consumer-specialist VC funds (plus a few other institutions) actively investing in B2C start-ups in the UK. You’ll also see a summary of each fund’s investment strategy, stage and ticket size, as well as the best way to contact them.   Link to the blog in the comments. 👇   Thank you so much for your contributions Victoria Imerelli, Matt Chandler, Lilac Watt, Billy Fox, Geordie Hadden-Paton, CFA, Nico MacDonagh, Bill Corfield, Gabbie Swycher, Fred Ursell, Hannah Redgewell, David Cano Núñez, Simon Franks, Louis Kerschen, Otto van Wassenaer, Marc Calzada, Hugo Sunnucks, Jimmy Dietz, Thibault Vanvincq and Paddy Dillon. 🙏   #consumer #fundraising #b2c #venturecapital #investment Manuel Rachel Louise Susanna

It's now such a brute force capital game that you're seeing a shift in the composition of LP bases," one longtime LP tells me. "Many large VC funds have started turning to the sorts of investors they wouldn't have even met with 10 years ago." The bottom line: This sea change might be fine for venture in the short-term, particularly as fee-hungry firms raise larger funds. But it's also a major risk to dump your longtime partner for someone who might view you as a fling. #venturecapital #fundraising #Limitedpartner #generalpartner #Investments #LPs #GPs #VCs

how does a VC firm make returns to justify a raise of $7.2 billion- this is beyond comprehension. *just imagine the quantum of decacorns they would need in the portfolio!! *they would need to get majority stake-holding in almost all deals they participate (sectors identified - AI apps/AI infra/ American Dynamisn- no clue what it means) *10% of fund goes to gaming which is understandable considering the focus of the fund <under the leadership of Andrew Chen> mind-boggling for a curious investor like me!! #investor #Venturecapital #fund #capital #startups #andreesenhorowitz

Partech Africa, the global VC fund, has closed “Partech II,” a second Africa-focused fund, at $300 mn. It’s more than double it’s first 2018 fund ($143mn). That 2018 fund is now past its half-life. So exits from that fund will high in the priority list for Partech partners. Curious how many LPs from that fund (excluding DFIs) returned for this fund. The new fund will invest in seed to Series C deal’s continuing a trend where funds continue to go into deals earlier.

🚀 Celebrating Episode 1 Ventures - LPs Success for raising the £76 Million third fund: A Dynamic Blend of Visionaries : Congrats Hector Mason 🎉 This is an incredible milestone for you and all the Episode 1 Ventures team, and I’m thrilled to witness your continued growth and impact. 💪 And let’s not forget the heart of it all—the founders! 🙌 Their dreams, resilience, and hard work are the driving force behind this success. Kudos to each one of them! 👏 Here’s to the next chapter! 🥂 May it be filled with groundbreaking investments, disruptive startups, and transformative impact. I’m thrilled to share that the LP base for this fund includes a remarkable group of successful founders and operators. 🌟 Twenty-one of them have previously raised from Episode 1 Ventures (WaaW this is amazing), bringing their invaluable insights and experience to the table. And that’s not all! They’re investing side by side with the steadfast LPs who have been with the Episode 1 Ventures team through thick and thin, supporting them fund after fund. 🙌 Believe me, with these practices, we’re shaping the future of innovation. Here’s to the power of collaboration! 🥂 The amazing team 🎯 Simon Murdoch Stephanie Orde Adrian L. Adam Shuaib, PhD Paul McNabb Dominic L. Matt Harrison Full story here: https://lnkd.in/dhPbi6Jc Looking to announce other VCs raising funds to support them, to tell their story and share their best practices here in my LinkedIn profile to inspire the next generation of emergent fund managers. Cheers to you all! 🙌 Source TechCrunch #VC #VCcongratsVCs #UKVCs #fundraising #makthevc #VCS