H/F previously created four funds using equity from its portfolio technology companies.

3B Future Health Fund II is incorporated in Luxembourg and targeting $120m.

Genomic therapy developer EdiGene, electric vehicle rental platform Go Sharing and API management platform developer RapidAPI have all raised about $60m.

SNCF-backed online carpooling and bus portal BlaBlaCar has now secured $565m altogether, FMZ Ventures, VNV Global and Otiva J/F backing its latest round.

The $300m round revealed by the Access Industries, GV and Virgin-backed crypto wallet provider last month included a commitment from Baillie Gifford.

Goldman Sachs Growth Equity is set to provide the fresh funding, which would pull the digital banking platform’s series D round towards the $450m mark.

The venture capital firm specialises in backing spinouts and has already celebrated an exit with the flotation of Amsterdam UMC’s Lava Therapeutics.

Adiari Vazquez had previously spent a year as a UK-based associate at Next47.

Cusp Capital will back early-stage young tech companies across Europe,

Venture fund's initial investments include Lava Therapeutics, which floated on Nasdaq stock exchange in March.