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Page 85

Zoom rushes to create $100m Apps Fund

The $100m vehicle will provide up to $2.5m for first investments, backing companies developing products that can boost the video communication app developer's ecosystem.

Apr 20, 2021

CyberAgent spies third domestic fund

The internet company's latest investment vehicle, CA Startups Internet Fund 3, is sized at $55.5m and will provide funding for Japan-based startups.

Apr 20, 2021

FWD goes forward with Alpha Startups

The insurance group has joined 1337 Ventures for a pre-accelerator that will run twice a year, with the top two companies set to receive $36,500 each after a demo day.

Apr 20, 2021

National Grid entrusts NGP with another $150m

National Grid Partners, which has deployed $227m since it was formed, has been allocated a further $150m for strategic investments.

Apr 19, 2021

9Unicorns flies to $40m third close

Venture Catalysts’ accelerator has now raised $70m so far and is set to reach a final close by the end of this year.

Apr 19, 2021

Corporates acknowledge Now vehicle

GMO, Gree and Vector are among the limited partners in the venture firm’s sophomore fund, which has a $91.8m target for its close.

Apr 19, 2021

MaC makes $103m fund a reality

MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.

Apr 18, 2021

Amazon shows Indian ambitions with $250m fund

Amazon Smbhav Venture Fund will back Indian companies developing digitalisation technology for small and medium-sized businesses.

Apr 16, 2021

Samurai Africa Fund II closes with corporate support

All About, Bespoke, Cross Marketing, CyberBuzz, Fan Communications, Giftee, MyNet, PR Times, Septeni, Toyota Tsusho, United, Vega and Voyage are among the LPs in Samurai Incubate’s $18.6m fund.

Apr 16, 2021

Energy Transition Ventures refuels with corporate backing

GS Group’s GS Futures and GS Energy subsidiaries are both cornerstone investors for the energy technology-focused venture firm’s maiden fund, which is on its way to a $75m ceiling.

Apr 15, 2021
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