Tag: close
-
Fund II second close strengthens Unconventional Ventures’ bet on overlooked founders
Today, Unconventional Ventures (UV) announced the second close of Unconventional Ventures Fund II. In a challenging global climate — marked by economic uncertainty and tightening capital markets — this close represents more than a fundraising milestone. It signals strong conviction that backing underinvested founders building scalable, category-defining companies remains a resilient and forward-looking investment thesis. read more
Written by
-
UK government-backed fund aimed at backing female founders reaches £130m first close
The flagship fund of a UK government-backed initiative addressing the shortage of equity capital for women in the UK who are building businesses has reached a £130m first close of the fund, it said today. The “Women Backing Women” fund is aiming to raise £250m in totalto invest in female fund managers to back female-led read more
Written by
-
Team Scaleup launches to close Europe’s post-Seed funding gap
Today sees the launch of a new venture targeting Europe’s scaleup gap. Europe is losing too many of its most promising companies in the critical growth phase after seed funding; only one in four ever graduates to a Series A round. In response,Team Scaleup, a newly launched platform, is building a bespoke accelerator that tailors read more
Written by
-
360 Capital announces €85M close for Poli360 2, targeting €100M
360 Capital, a European venture capital firm, has closed €85 million for Poli360 2, its new technology transfer fund targeting a total size of €100 million. The fund focuses on early-stage deeptech startups. Poli360 2 is classified as an Article 8 fund under the Sustainable Finance Disclosure Regulation (SFDR). Its investor base includes the European read more
Written by
-
Albion Venture Capital Trusts close £90M top-up offer as demand for UK innovation investments grows
The three Albion Venture Capital Trusts (VCTs) have today announced the completion of their £90 million top-up offer, which is now fully subscribed. The capital raised will be deployed into high-growth companies across Albion Capital’s core conviction sectors, including deeptech, healthcare, and B2B software. They provide investors with access to a diversified portfolio of innovative read more
Written by
-
Close Encounters: The Paintings of David Rice – Hi-Fructose Magazine
The Pacific Northwest is perhaps the wildest, most breathtaking region in the continental United States. With its combination of mountain ranges, conifer forests, lakes, rivers, and ancient sequoias looming over the California coast, the geography and texture of Wyoming, Montana, California, and Oregon return us to North America’s primordial past. It reminds us of when read more
Written by
-
Plan to Close DePaul Art Museum Faces Community Backlash
DePaul University in Chicago will close its campus art museum on June 30 after projecting a major budget deficit in 2026. The private university’s president, Robert L. Manuel, first announced the looming shutdown of the DePaul Art Museum (DPAM) in a letter to students and staff last week, citing ongoing reviews of the school’s “long-term read more
Written by
-
Chicago’s DePaul Art Museum to Close After 40 Years
The DePaul Art Museum in Chicago, founded in 1985 and part of DePaul University, will close at the end of its current fiscal year, on June 30. The school, which faces considerable financial challenges, announced the closure in an announcement to the community Thursday morning. In December, the school laid off 114 out of 1,493 read more
Written by
-
Pace Prints Heads West With a Hollywood Hub, a Chuck Close Deep Dive, and a Case for Why Prints Matter Now
Pace Prints is heading to Hollywood. The New York–based print publisher and workshop has taken a space in Los Angeles and plans to open a production facility this fall with a small accompanying gallery, expanding its footprint at a moment when the L.A. art scene feels, to some, unsettled. Unlike a traditional gallery outpost, the read more
Written by
-
Elaia’s Digital Venture Fund V reaches €120M at first close
Elaia has announced a first close of its fifth Digital Venture Fund (DV5) at €120 million. The fund will focus on investing in European B2B technology companies with strong intellectual property foundations, spanning both foundational infrastructure and application-level innovation. The first close includes commitments from both returning and new investors. Participants include Bpifrance, investing on read more
Written by
-
Political Bribery Investigation in South Korea Involving Lee Ufan Painting Draws to a Close
A bizarre saga involving a painting attributed to Lee Ufan and Kim Keon-hee, the wife of South Korea’s impeached and jailed former president Yoon Suk-yeol, may be drawing to a close. Kim Sang-min, a former chief prosecutor, had previously been accused of purchasing Lee’s From Point No. 800298 in 2023 for around 140 million won read more
Written by
-
Mnuchin Gallery to Close After Death of Founder in December
Mnuchin Gallery, the long-running Upper East Side establishment founded by Wall Street pioneer Robert Mnuchin, will close at the end of February. “For more than three decades, Mnuchin Gallery had the privilege of presenting exhibitions that fostered rare and sustained dialogue among scholars and audiences around some of the most significant art of our time,” read more
Written by
-
Vienna to Temporarily Close Composer Museums Amid Culture Budget Cuts
Austria’s capital Vienna will temporarily close several museums dedicated to famous composers this year as part of city-wide budget cuts, officials announced on Wednesday. The closures affect sites including the apartment where Franz Schubert died, the residence of Johann Strauss, and Joseph Haydn’s former home. Schubert’s birthplace will also close for a redesign ahead of read more
Written by
-
Vi Partners marks 25 years with first close of €161M new venture fund
Vi Partners this week announced the first close of its latest venture capital fund, targeting €161 million (CHF 150 million). It coincides with Vi Partners’ 25th anniversary, marking a quarter-century of continuous venture capital activity. Since its founding in 2001, Vi Partners has supported successive generations of entrepreneurs and contributed to Switzerland’s development as a read more
Written by
-
Governor Gavin Newsom Says He ‘Had No Clue’ California College of the Arts Would Close
When news broke last week that California College of the Arts would close in 2027, the announcement came as a shock to students and the broader art world. It also appears to have caught one key figure off guard: Governor Gavin Newsom. The San Francisco Standard reported that text messages sent by Newsom after the read more
Written by
-
Ananda Impact Ventures secures €73M first close for fifth Core Impact Fund
Ananda Impact Ventures has completed a €73 million first close of its fifth Core Impact Fund, exceeding its €50 million target and representing the largest first close in the firm’s 16-year history. The fund is backed by a mix of returning and new investors, including the European Investment Fund (EIF), NRW.BANK, Investcorp-Tages, Mercator Foundation, and read more
Written by
-
Orq.ai lands €5M to close the AI production gap for enterprises
Amsterdam-based Orq.ai has raised €5 million in an oversubscribed seed round led by seed + speed Ventures and Galion.exe, with continued support from Curiosity VC, Spacetime, XO Ventures, xdeck ventures, Waves Capital, and GoldenEggCheck. The round brings the company’s total funding to €7.3 million since its founding in 2022. As regulatory requirements tighten under GDPR read more
Written by
