Mercia Fund Management

VentureLab Announces Third Annual "Ready, Set, Startup!" Gala to Launch K-12 Girls into Entrepreneurship

Retrieved on: 
Wednesday, December 13, 2023

AUSTIN, Texas, Dec. 13, 2023 /PRNewswire-PRWeb/ -- Today, VentureLab announced its third annual gala, "Ready, Set, Startup!" will take place the evening of Saturday, April 6, 2024 at the new Atlassian campus in East Austin, in support of VentureLab's mission to create the next generation of diverse innovators and changemakers by making entrepreneurial education accessible to all youth.

Key Points: 
  • VentureLab announced its third annual gala, "Ready, Set, Startup!"
  • will take place the evening of Saturday, April 6, 2024 at the new Atlassian campus in East Austin.
  • AUSTIN, Texas, Dec. 13, 2023 /PRNewswire-PRWeb/ -- Today, VentureLab announced its third annual gala, " Ready, Set, Startup! "
  • "Encouraging girls and underrepresented youth to pursue entrepreneurship is a cause very near and dear to us, our family and our broader community."

Global Software Investor Insight Partners Announces Completion of $20 Billion+ Fundraise

Retrieved on: 
Thursday, February 24, 2022

Collectively, Insight's employees remain the largest investor in the fundraise, highlighting the firm's commitment to the software ecosystem and confidence in its global investment strategy.

Key Points: 
  • Collectively, Insight's employees remain the largest investor in the fundraise, highlighting the firm's commitment to the software ecosystem and confidence in its global investment strategy.
  • The closing of this new fundraise brings Insight Partners' regulatory assets under management to over $90B.
  • Insight Partners is a global software investor partnering with in high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries.
  • Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO.

FTX launches $2 billion Ventures fund, hires former Lightspeed Partner Amy Wu

Retrieved on: 
Friday, January 14, 2022

We strive to do the same at FTX Ventures and are excited to find the brightest minds and disruptive innovation in tech," says Sam Bankman-Fried.

Key Points: 
  • We strive to do the same at FTX Ventures and are excited to find the brightest minds and disruptive innovation in tech," says Sam Bankman-Fried.
  • Alongside the Fund's launch, crypto investor Amy Wu joined FTX to lead Ventures, gaming, M&A and commercial initiatives.
  • Amy was most recently a Partner at Lightspeed Venture Partners, a $10B+ multi-stage venture fund, where she led crypto and gaming investments, including the fund's investment in FTX.
  • FTX Ventures will launch with a team of eight, including General Partner Ramnik Arora, Advisor Armani Ferrante, and others.

Eir Ventures Closes Life Science Venture Fund at EUR122 million

Retrieved on: 
Thursday, December 9, 2021

STOCKHOLM and COPENHAGEN, Denmark, Dec. 9, 2021 /PRNewswire/ -- Eir Ventures Partners AB ("Eir Ventures" or "the Fund"), a Nordic Life Science Venture Capital manager, today announced the final close of its fund Eir Ventures I AB of EUR 122.3 million.

Key Points: 
  • STOCKHOLM and COPENHAGEN, Denmark, Dec. 9, 2021 /PRNewswire/ -- Eir Ventures Partners AB ("Eir Ventures" or "the Fund"), a Nordic Life Science Venture Capital manager, today announced the final close of its fund Eir Ventures I AB of EUR 122.3 million.
  • The fund invests in innovative life science companies with products and technologies addressing significant unmet medical needs.
  • Dr Magnus PerssonMD PhD, Founding Partner and Chairman of Eir Ventures, added,"We thank our loyal and new investors for their trust in Eir Ventures.
  • Eir Ventures is a life science focused venture fund, that with a strong foundation in the Nordic Biotech ecosystem invests in early stage as well as more mature opportunities.

Eir Ventures Closes Life Science Venture Fund at EUR122 million

Retrieved on: 
Thursday, December 9, 2021

STOCKHOLM and COPENHAGEN, Denmark, Dec. 9, 2021 /PRNewswire/ -- Eir Ventures Partners AB ("Eir Ventures" or "the Fund"), a Nordic Life Science Venture Capital manager, today announced the final close of its fund Eir Ventures I AB of EUR 122.3 million.

Key Points: 
  • Two portfolio companies IPO'ed on NASDAQ New York
    STOCKHOLM and COPENHAGEN, Denmark, Dec. 9, 2021 /PRNewswire/ -- Eir Ventures Partners AB ("Eir Ventures" or "the Fund"), a Nordic Life Science Venture Capital manager, today announced the final close of its fund Eir Ventures I AB of EUR 122.3 million.
  • The fund invests in innovative life science companies with products and technologies addressing significant unmet medical needs.
  • Dr Magnus PerssonMD PhD, Founding Partner and Chairman of Eir Ventures, added,"We thank our loyal and new investors for their trust in Eir Ventures.
  • Eir Ventures is a life science focused venture fund, that with a strong foundation in the Nordic Biotech ecosystem invests in early stage as well as more mature opportunities.

The Kroger Co. Zero Hunger | Zero Waste Foundation Innovation Fund Makes Impact Investments to Peer-Selected Startups Agua Bonita and Matriark Foods

Retrieved on: 
Thursday, November 18, 2021

CINCINNATI, Ohio, Nov. 18, 2021 /PRNewswire/ --The Kroger Co. (NYSE: KR) Zero Hunger | Zero Waste Foundation ("Foundation") announced that Agua Bonita and Matriark Foods were peer-selected for impact investment funding during its first-ever Venture Showcase, an event highlighting the second cohort of its Innovation Fund ("Fund").

Key Points: 
  • CINCINNATI, Ohio, Nov. 18, 2021 /PRNewswire/ --The Kroger Co. (NYSE: KR) Zero Hunger | Zero Waste Foundation ("Foundation") announced that Agua Bonita and Matriark Foods were peer-selected for impact investment funding during its first-ever Venture Showcase, an event highlighting the second cohort of its Innovation Fund ("Fund").
  • Earlier in the year, the Fund invited innovators to submit proposals for a total of $2 million in non-dilutive grant funding.
  • The peer-selected startups are:
    Agua Bonita (Hanford, California) makes ready-to-drink aguas frescas from upcycled produce, served in culturally inspired and recyclable cans.
  • Both Agua Bonita and Matriark Foods have a female founder or co-founder with diverse perspectives and experience with the problems they aim to solve.

ServiceChannel, Facilities Management Platform, Lists with Comparesoft

Retrieved on: 
Thursday, October 28, 2021

ServiceChannel transforms how global enterprises procure and manage services for their distributed facilities and assets.

Key Points: 
  • ServiceChannel transforms how global enterprises procure and manage services for their distributed facilities and assets.
  • Comparesoft is a B2B software marketplace used by Red Bull, McLaren, Nike, Siemens, Deloitte, Shell and 6,000+ asset and facilities management orientated organisations.
  • Comparesoft connects software buyers with the right software vendors in an Ad-free and information-rich environment.
  • Comparesoft is based in London and backed by Blackfinch Ventures and Mercia Fund.

Focused Exclusively on Business Software Companies, PeakSpan Capital Raises $265 Million in an Oversubscribed Second Fund

Retrieved on: 
Monday, February 11, 2019

PeakSpan Capital, an investment firm focused on growth-stage business-to-business software companies, has announced it has raised $265 million in an oversubscribed second fund.

Key Points: 
  • PeakSpan Capital, an investment firm focused on growth-stage business-to-business software companies, has announced it has raised $265 million in an oversubscribed second fund.
  • PeakSpan closed its inaugural fund in 2015, partnering with 12 businesses out of that fund.
  • PeakSpan focuses on a tight portfolio of market segments where it invests exclusively and develops meaningful specialization and domain expertise.
  • PeakSpan Capital is a growth equity firm focused exclusively on growth stage, B2B/enterprise software companies.