Truist Ventures and PayPal have co-led the vehicle’s $62.1m final close, which included backing from Foot Locker, Bank of America and Synchrony.

Allana Group has made a commitment to the venture firm nine months after co-investing in FreshToHome with it late last year.

The venture firm is working on a new vehicle which could be larger in size than its Sega Sammy and Septeni-backed second fund.

Rabo Investments and Novo helped the agriculture-focused venture capital firm raise $175m for the first close of its sophomore fund.

Haldiram’s and Parakh Foods have re-upped their commitment to Venture Catalysts’ accelerator’s maiden vehicle alongside new and returning LPs including Puzzolana Group.

Matt Garratt, who helped set up Salesforce Ventures, is taking a general partner role at venture firm CRV and is being replaced as managing partner by Alex Kayyal.

PayPal and Visa have backed Blockchain Capital’s fifth flagship fund, which received $300m of commitments and which will focus on blockchain technology and cryptocurrencies.

A number of corporates from the real estate sector have contributed to the property technology-focused venture firm's latest fund.

USAA has made an anchor commitment to the military graduate investment network’s first fund, which is targeting $50m for its final close.

Shell Ventures has re-upped in G2 Venture Partners’ sophomore fund, which was also backed by Mitsui, Daimler and ABB Switzerland.