Cybersecurity

4Founders Capital III is an early-stage venture capital fund focused on “Spanish-linked” startups with global ambition. The fund recently closed with €70 million in commitments, exceeding its initial target of €65 million. Investors include both returning LPs and new institutional players, reinforcing confidence in the fund’s model. Its investment strategy remains consistent with previous funds, deploying initial checks between €300,000 and €2 million per company, and reserving up to €6 million for follow-on investments in standout portfolio companies. The fund expects to invest in around 40 startups over the coming years. While sector-agnostic, 4Founders Capital III places a strong emphasis on tech-driven B2B SaaS businesses, especially those leveraging artificial intelligence. Key verticals of interest include fintech, business services, traveltech, cybersecurity, and developer tools. The fund is managed by a team of former entrepreneurs and seasoned investors with a proven track record in early-stage tech investing. With approximately €134 million in total assets under management across all vehicles, 4Founders Capital leverages an established dealflow pipeline and long-standing LP relationships to drive fund performance.

AVP Growth Fund I is a €1.5 billion late-stage technology investment fund launched by AVP (Atlantic Vantage Point), formerly known as AXA Venture Partners. The fund is supported by anchor commitments from AXA and the European Investment Fund (EIF) as part of the European Tech Champions Initiative (ETCI). This initiative aims to bolster Europe's late-stage tech funding landscape and support rapidly growing, large technology companies. The fund targets high-growth European technology companies, providing substantial investments to help them scale and compete globally. AVP Growth Fund I has already completed investments in companies such as Agicap and Odoo, demonstrating its commitment to fostering European tech champions. AVP operates as an independent global investment platform with a transatlantic presence, managing over €2.5 billion across various investment strategies, including venture, early growth, growth, and fund of funds. The firm leverages its extensive network and expertise to support entrepreneurs from early stages to IPO, aiming to create a robust European alternative to U.S. growth funds and sovereign wealth capital.

Since its founding in 1999, Arlington Capital Partners has carved out a specialty in investing in companies operating in regulated, mission‑critical industries such as defence, aerospace, government services and healthcare IT. With Fund VII, the firm builds on its legacy by raising an unprecedented US$6 billion in commitments—a marked increase over its prior fund—demonstrating the strength of investor conviction around structural trends in national security, supply‑chain reshoring, and government‑technology modernization. Fund VII will deploy capital into platform investments across sectors including manufacturing and supply‑chain resiliency, mission‑critical government software, next‑generation defence technologies, cybersecurity, commercial aviation, advanced medical devices and healthcare IT. The fund aims to partner with management teams in companies with strong regulatory barriers, recurring government demand, and defensible business models, leveraging Arlington’s domain expertise in regulated markets. The geographic focus is principally in the U.S. and allied markets, consistent with the firm’s strategy of backing companies operating in the context of rising defence budgets and national‑security imperatives. By targeting assets in sectors with high certainty of long‑term demand and regulatory anchoring, the fund seeks to generate attractive returns while also aligning with public‑policy tailwinds. From a financial‑characteristics perspective the fund is targeting middle‑market companies—investments are expected to be in companies with enterprise values typically in the range of US$50 million to US$1 billion, and equity investments (platform check sizes) in the ballpark of US$200 million to US$500 million.

The Armilar IV fund is positioned to back exceptional deep‑technology founders across the Iberian Peninsula, with a specific interest in companies that fuse advanced science and enterprise‑grade software. With a first close of around €120 million and an ultimate target near €240 million by late 2026, Armilar IV offers meaningful capital to support follow‑on growth and scale financing. It builds on the longstanding track record of Armilar Venture Partners—who have supported companies like OutSystems and Feedzai—from regional innovators to global platforms. The investment thesis of Armilar IV centres on B2B enterprises with robust technical moats, demonstrable product‑market fit, and the capacity to expand internationally from Spain and Portugal. The fund plans to make approximately 20 investments over its lifetime, combining cheque writing with active operational support and board participation to accelerate commercial traction. The targeting sectors span AI, cybersecurity, healthtech and spacetech—areas where scientific research meets software innovation. The fund believes that Iberia’s deep‑tech ecosystem is at an inflection point, and that institutional‑scale capital like this can bridge the gap between early research and global commercial deployment. By focusing on companies at the junction of science and software, Armilar IV seeks to partner with technical founding teams that are under‑leveraged in large European growth rounds, providing the scale and guidance needed to lead expansion rounds and become internationally competitive.

Crestline Direct Lending Fund IV (CDLIV) is the fourth installment of Crestline Investors’ flagship direct lending strategy, which recently closed with $3.5 billion in investable capital, including anticipated leverage. The fund focuses on providing tailored financing solutions to sponsor and non-sponsor backed companies across North America, particularly within the lower and core segments of the middle market. Since its inception in 2014, Crestline's direct lending strategy has completed over 150 transactions, deploying more than $5.9 billion in capital. CDLIV has already executed 46 transactions across a diverse array of borrower profiles, industries, and sponsors, demonstrating the firm's commitment to flexible, scalable capital solutions. The fund attracted a globally diversified investor base, including public and corporate pension plans, sovereign wealth funds, asset managers, registered investment advisors, and other financial institutions from North America, Europe, and Asia. This broad support underscores Crestline's reputation as a trusted steward of capital and its ability to deliver returns and capital preservation through various credit cycles.

Draper B1 Frontier Tech is a venture capital fund focused on high-impact technologies that are reshaping the future, including artificial intelligence, spacetech, and cybersecurity. The fund has raised over 20 million euros, aiming to bridge the gap between Europe and the United States and boost the international expansion of tech companies. Tim Draper, a renowned seed investor, supports this fund, highlighting its strategic importance in the venture capital landscape.The fund has already made initial investments in nine disruptive startups, such as Sycai Medical and Collimate Space. These investments emphasize the fund's strategic orientation towards deep tech with high disruption potential. Draper B1 leverages its extensive experience and the Draper Venture Network to provide startups with necessary tools and networks for scaling globally.

The EV II fund is a 70m€ Venture Capital fund that invests in innovative companies in Series A & B stage. The fund has a focus on Fintech and Beyond Banking sectors, including financial technology, RegTech, cybersecurity, mobility, energy, agriculture, and more. The fund targets investments in Central and Eastern Europe, which is an emerging startup ecosystem with amazing talent and founders but lacks the attention and funding resources of more mature regions. The fund has a commitment from RBI, Raiffeisen-Holding Niederösterreich-Wien, and Raiffeisen-Landesbank Steiermark, and has previously invested in a portfolio of 15 companies, including investment banking, e-signature & identification, and RegTech companies, among others. The main goal of Elevator Ventures is to earn a financial return for its investors. In addition, they want to contribute to the strategy of the banks and engage with high-growth companies whose business models might be changing the industry dynamics in the mid- to long term. The fund also cooperates with international co-investors and has decided to invest in a Fund of Funds and other VC funds alongside Raiffeisen-Landesbank Steiermark, and Raiffeisenlandesbank Oberösterreich. The fund also believes in the transformative power of technological shifts that enable high-growth companies to drive customer value and reshape industries. They are driven by a sector focus that encompasses not only Fintech but also Beyond Banking, which includes platform-based business approaches in various service areas. Elevator Ventures also plans to continue to promote innovation in the region with the backing of its LP base.

Eurazeo Growth Fund IV is a European growth‑phase private equity vehicle co‑managed by Eurazeo and Idinvest Partners and headquartered in Paris. It focuses on backing scale‑up companies through tickets of €25–100 million per investment. The fund invests in digital transformation leaders across fintech, enterprise software, digital health, marketplaces, cybersecurity, and infra‑tech. Its first investment was in Cognigy—a business‑productivity software firm—on June 11, 2024, signaling a strong entry into deep tech and AI opportunities. By end‑2024, EGF IV achieved ~5% gross value uplift from its early portfolio, aligned with Eurazeo’s performance track record in growth funds, and continues to leverage the firm’s operational and international ecosystem to support expansion and exits across European markets.

Glasswing Ventures Fund‑III is a venture capital vehicle targeting pre‑seed and seed‑stage investments in startups that are truly “AI‑native” and working at the frontier of enterprise software, cybersecurity and next‑gen computing. The fund closed at over $200‑million in commitments, significantly oversubscribed, reflecting strong investor confidence in the firm’s prior track record. The fund builds on Glasswing’s prior funds and history of investing in early stage (pre‑seed/seed) companies, often as lead or first institutional investor in enterprise B2B or security‑related technology. In doing so, the firm emphasises founders developing architectures, platforms and systems that embed AI or frontier tech rather than just “adding AI” as an after‑thought. In terms of value‑add, Glasswing deploys a 14‑person team of operators and builders, plus an advisory council of 62 members, to help portfolio companies with scaling, customer introductions and domain expertise. Fund‑III will invest in about 25 companies over its investment period. The thematic focus is very clearly laid out: the fund will invest in vertical AI (industry‑specific AI platforms), physical AI (autonomous systems in the real world), adaptive AI infrastructure, intelligent enterprise defense (cybersecurity) and next‑gen compute (distributed, quantum, massive scale infrastructure).

Greenoaks Capital Partners is launching its sixth flagship venture capital fund, Greenoaks Capital Opportunities Fund VI, with a target size of $2.25 billion. This fund aims to continue the firm's strategy of making concentrated, long-term investments in technology-enabled companies globally. The fund will focus on identifying and supporting "generation-defining" businesses early in their lifecycle, partnering with them for decades. Greenoaks employs a research-intensive approach, focusing on a select number of companies to maximize value creation. The firm's investment philosophy combines elements of venture capital and value investing, allowing for flexibility across asset classes, industries, and geographies. Greenoaks' portfolio features notable investments in companies like Coupang, Rippling, Wiz, Databricks, Stripe, Canva, and Figma. The firm is known for its founder-focused approach and long-term commitment to its portfolio companies. With Fund VI, Greenoaks continues to pursue opportunities in the mid-stage venture to early growth space, seeking to support companies that have the potential to become global leaders in their respective sectors.

HSB Fund II is a $125 million venture fund managed by Munich Re Ventures (MRV), the venture capital arm of Munich Re Group. This fund is backed by its founding limited partner, HSB, a specialty insurer within the Munich Re Group. As MRV's fifth fund and the second sponsored by HSB, HSB Fund II brings MRV's total assets under management to $1.2 billion. The fund focuses on investing in startups that operate within the Built World sector, emphasizing technologies that de-risk and optimize performance in property, industry, and related supply chains. Key investment areas include equipment technology, cybersecurity, and innovations aimed at enhancing infrastructure resilience. HSB Fund II aims to support companies that contribute to predictive maintenance, operational efficiency, and the durability of critical infrastructure and industrial assets. HSB Fund II builds upon the success of its predecessor, HSB Fund I, which supported companies like At-Bay, Augury, and Helium Mobile—firms that have achieved significant milestones, including unicorn status and strategic acquisitions. The fund is managed by Jennifer Place, Principal at MRV, who brings a decade of experience in investing across the Built World, Energy, and Industrial sectors. Adam Care, VP & Head of Portfolio Development for the HSB Funds, will focus on cultivating partnerships between MRV's portfolio companies and HSB.

Haveli Investments Software Fund I is a $4.5 billion private equity vehicle launched by Haveli Investments, an Austin-based firm founded in 2021 by Brian Sheth, formerly of Vista Equity Partners. The fund, which exceeded its initial $4.25 billion cap due to strong investor demand, is the largest debut flagship private equity fund to date, surpassing Patient Square Capital’s $3.9 billion fund. Notably, Apollo Global Management invested $500 million and provided strategic support. The fund focuses on acquiring minority and control positions in midsize enterprise software companies. Its investment strategy targets providers of software to specific industries, cross-sector tools, infrastructure software, and cybersecurity services. Haveli aims to deploy its capital into companies with modern products, attractive end markets, and multiple growth levers to accelerate value creation. Haveli's portfolio includes notable investments such as the $1.5 billion acquisition of AI-driven database firm Couchbase and the purchase of travel accommodation software provider Accommodations Plus International. The firm previously raised $833.9 million for gaming sector investments, bringing its total assets under management to $4.5 billion.

The InfraVia Growth Fund II is a dedicated growth‑equity vehicle launched by InfraVia Capital Partners to back ambitious European B2B technology companies. It is structured as a société en libre partenariat domiciled in France and created in late 2024. With a targeted size of up to €1 billion, the fund builds on the firm’s prior growth‑equity strategy and aims to become a leading partner to scaling tech enterprises across the continent. The fund focuses on companies with proven business models, scalable platforms, and strong growth momentum. Its investment thesis emphasises B2B digital solutions—particularly in sectors such as artificial intelligence, fintech, cybersecurity, digital health, vertical software and other segments driving the digital transformation of industrial and corporate systems. InfraVia Growth Fund II intends to be an active partner in its portfolio companies, offering more than just capital. Portfolio companies benefit from InfraVia’s operational support platform, which provides deep expertise in areas such as M&A, international expansion, governance, ESG practices and functional scaling. The team leverages InfraVia’s broader infrastructure and technology ecosystem to help companies accelerate their growth and build market leadership. Geographically, the fund will invest across Europe, supporting companies that are ready to scale internationally and capture leadership in their markets. The strategy acknowledges that digitalisation, decarbonisation and structural change across industries create heightened opportunities for growth‑equity investments. By partnering with entrepreneurs and management teams focused on mission‑critical software and tech‑enabled business models, the fund aims to generate both growth and value creation over a medium to long‑term horizon.

The European Defence and Security Tech Fund is a €125 million venture capital vehicle launched by Keen Venture Partners to back early-stage technology companies innovating in defence, security, and space. Anchored by a €40 million investment from the European Investment Fund (EIF) under the European Commission’s Defence Equity Facility, the fund is one of the first dedicated initiatives aimed at enhancing Europe’s strategic autonomy in defence innovation. The fund targets 20 to 25 companies operating at the seed to Series B stages, focusing on advanced technologies such as cyber defence, artificial intelligence, autonomous systems, robotics, and space security. Keen Venture Partners aims to identify and support startups that can contribute to Europe's dual-use capabilities and resilience in an increasingly complex geopolitical environment. Operating out of Amsterdam and London, Keen Venture Partners brings a thesis-driven, founder-centric approach. The team’s previous track record in deeptech investments and partnerships with institutional actors positions the fund to become a central actor in the European defence tech ecosystem. The vehicle is open to startups across the EU, the UK, Norway, and Turkey.

The fund is designed as a European closed‑end venture capital vehicle managed by Kibo Ventures. It aims to back early‑stage software businesses with global ambition, leading or co‑leading pre‑series A and series A rounds. Its investment policy places a geographic emphasis on companies whose center of operations, management or strategic base is in Spain, with the intention that at least two‑thirds of invested capital goes into Spanish companies. The duration of the fund is estimated at ten years from the first close, extendable by up to two additional one‑year periods, and it targets a portfolio of B2B software companies with differentiated technologies and scalable international models. Typical checks are in the order of ~€2 million into early‑stage rounds, seeking minority positions (~10‑20%) in companies ready to scale, demonstrating product‑market fit and growth potential.

Main Capital Partners is a private equity buyout fund based in The Hague (Netherlands) that invests in the software sector. Main Capital VIII closed at its hard caps of €1.9 billion in just 6 months’ time, well past their initial target size. The fund was substantially oversubscribed. Main Flagship invests in mature and growing software businesses with equity tickets over from €20 million to €150 million, focusing on fueling growth through strategic acquisitions. The fund had a significant re-up rate of 115% from existing limited partners (LPs), demonstrating strong support from the LP base. A notable aspect of the fundraising is the increasingly global institutional LP base, with close to 25% of commitments coming from US investors. Its portfolio companies are supported by in-house Market Intelligence & Performance Excellence teams, providing access to proprietary data & research and best practices on go-to-market strategies, technology, finance, and M&A. Main is deeply connected with the local software ecosystems in its core markets, including Benelux, DACH, Nordics, and the US. Main’s key goal is to build larger international software groups, based on organic growth and acquisitions, in approximately 10 defined product-markets such as Healthtech, Govtech, HRtech, and Cybersecurity. Main Capital Partners did not use a placement agent for the fundraising, and Loyens & Loeff acted as legal counsel. The successful closing of the funds reinforces Main’s position as a European leader in software buyouts and signifies the continued trust and support it has received from its LPs. Over the years, Main has realized close to 30 exits with a weighted average return over 4x and a loss rate well below 0.5%, demonstrating the firm’s strong investment performance and specialized focus on Enterprise Software investing."

Main Foundation II is a private equity fund based in The Hague (Netherlands) investing in software growth companies. Main Foundation II closed at its hard caps of €500 million in just 6 months’ time, well past their initial target size. The fund was substantially oversubscribed. Main Foundation invests in high-growth software businesses with equity tickets below €20 million, focusing on organic growth. The fund invests in companies with headquarters in Benelux, DACH and the Nordics. The fund had a re-up rate of 115%. Besides re-ups from existing investors, Main attracted many new investors, amongst which were reputable institutional investors such as APG (on behalf of its client ABP), Tecta Invest and Texas County and District Retirement System. Existing investors, such as Hamilton Lane, increased their commitments.

Marathon Fund III is the latest €75 million seed-stage fund from Athens-based Marathon Venture Capital. The firm continues its mission to be a “Day One partner” to Greek tech founders, focusing on those building globally competitive companies from the outset. This new vehicle brings Marathon’s total assets under management to €175 million, reflecting the firm’s growing influence in the European venture ecosystem. Marathon’s investment thesis centers on founders addressing complex challenges in significant markets. These challenges often require specialized knowledge, such as advanced research expertise, or navigating regulated and overlooked industries like power grid management. The firm emphasizes capital efficiency and resilience, qualities inherent in the Greek tech community, enabling startups to serve global markets effectively from their inception. The firm has a track record of successful investments, including the acquisition of Augmenta by CNH Industrial for $110 million and a secondary sale of shares in Hack the Box to The Carlyle Group. These exits underscore Marathon's ability to identify and support startups with significant growth potential and global appeal.

Mayfield Select III, also known as Mayfield Spring, is a $375 million venture capital fund launched by Mayfield in May 2023. This fund is designed to invest in Series B rounds, focusing on both follow-on investments in breakout companies from Mayfield's existing portfolio and new opportunities outside of it. The fund aims to support companies that have demonstrated early product-market fit and are poised for significant growth. The fund targets sectors at the intersection of technology and biology, including human-centered AI, the data economy, developer-first technologies, semiconductors, cybersecurity, deeptech, Web3, and human and planetary health. Mayfield's investment philosophy emphasizes a people-first approach, partnering closely with founders to build enduring companies. With Mayfield Select III, the firm continues its tradition of backing visionary entrepreneurs during pivotal growth stages, providing not just capital but also strategic guidance and support. The fund reflects Mayfield's commitment to fostering innovation and addressing some of the most pressing challenges and opportunities in today's rapidly evolving technological landscape.

Menlo Ventures XVII is an early-stage venture capital fund managed by Menlo Ventures, legally domiciled in Delaware and headquartered in Menlo Park, California. Officially formed in August 2025, the fund aims to back early-growth technology startups with long-term disruptive potential. The fund is targeting investments in 30 to 40 companies, typically writing checks between $8 million and $15 million. This capital deployment strategy aligns with Menlo Ventures' mission to support startups from seed through early expansion, providing not just capital, but also strategic and operational guidance. The fund’s general partners include prominent investors such as Venky Ganesan, Shawn Carolan, and Matt Murphy, who are key figures in the Menlo Ventures leadership team. Their combined track record includes successful investments in high-profile companies across multiple sectors. Menlo Ventures XVII is part of the firm’s broader strategy to expand its footprint in areas like artificial intelligence, enterprise software, healthcare, and fintech. The fund continues Menlo’s legacy of identifying and supporting companies positioned to lead their industries through innovation.

NewSpring Growth Capital VI is a private equity growth expansion fund managed by NewSpring Capital. The fund is located in Radnor, Pennsylvania and invests in the United States. Focus sectors of the fund are: Business services, Enabling technologies (disruptors in business and tech), Information technology (Enterprise and infrastructure software, fin tech, security, and business intelligence). The fund seeks business with trailing twelve months (TTM) revenue superior to $5 million in the United States. The fund delivers working capital to scale fast-growing, industry transforming technology companies According to a SEC filing, NewSpring Capital is seeking to raise $400 million for the fund.

PSG Europe II is the firm’s second private equity Europe-focused fund. It has more than €2.6 billion in commitments, exceeding PSG’s initial target. PSGE II is one of the largest growth equity funds raised to invest exclusively in European software companies. The successful fundraise reflects the strong support received from both new and existing investors globally including state pension funds, sovereign wealth funds, family offices and high net worth individuals. PSGE II significantly exceeds the size of its predecessor, PSG Europe I, which held its final close in January 2021 with more than €1.3 billion in commitments. PSG sees the European software sector as highly fragmented with many high-quality point solution providers, often focused on either a single strategy or a single country. This market dynamic presents significant investment and growth opportunities for firms like PSG, which possess local expertise and relationships across Europe to support deal sourcing, extensive operational support capabilities and a longstanding global track record of growing B2B software businesses both organically and inorganically. PSG’s investment strategy focuses on scaling single-country, single-product software companies through organic and inorganic growth into multi-country, multi-product pan-European champions across multiple markets, supporting its portfolio companies’ global growth ambitions. Given its origins, resources and track record in the U.S., PSG can be a strong supportive partner to enable market expansion in North America.

PSG VI is growth fund managed by PSG Equity. PSG is a leading growth equity firm focused on emerging growth, founder bootstrapped, B2B software companies. PSG will target software and tech-enabled businesses across the B2B-software, cybersecurity, big data, and artificial intelligence sectors. Investments will primarily be in North America. The fund makes growth equity investments typically range in size from $10-$150M. As of 2023, according to information from PSG, the firms made 3.5x Gross MoM/ 2.8x Net MoM & 56% Gross IRR / 44% Net IRR on all realized/partially realized investments across platform since its inception.

Performance Direct Investments V (PDI V) is the fifth direct co-investment vehicle managed by Performance Equity Management (PEM), a private equity firm based in Greenwich, Connecticut. The fund closed at $383 million, exceeding its $300 million target. PDI V continues PEM’s strategy of partnering with leading private market managers to build a diversified portfolio of direct co-investments. The fund targets small and middle-market buyouts and growth equity investments. PEM applies a disciplined investment process to identify opportunities across sectors such as information technology, financial services, consumer and business services, and industrials. The fund primarily invests in companies located in North America and Europe. With $8.9 billion in assets under management, PEM has a strong track record of managing co-investment programs. Its senior investment team has committed more than $30 billion across 175+ private equity sponsors globally. In 2023, PEM became part of Sagard’s platform following a strategic investment, strengthening its global reach and future growth capabilities.

Pride Capital Partners has held a €75 million first close for Pride Capital Partners Fund III, the latest vintage in its specialist strategy backing later-stage technology companies. The vehicle is targeting €150 million, with a €200 million hard cap, and already counts the European Investment Fund and other repeat backers among its LP base. Fund III will extend Pride’s debt-led, minority-equity approach to B2B software and managed ICT services businesses across Northwestern Europe—principally the Benelux, DACH and Nordic regions. By combining mezzanine loans with selective equity, the firm offers founder-friendly capital that funds organic expansion, buy-and-build programmes and management buy-outs without ceding control. Building on two top-quartile predecessors, PCP Fund III will write tickets of roughly €2–20 million, focusing on companies with scalable recurring revenue (> €3 million) and positive EBITDA. Early deployments include Belgium’s Tyneso and Denmark’s CCIT, illustrating a healthy pipeline as the fund marches toward a final close later this year.

Located in Amstelveen (Netherlands), Revo Capital Fund III is a venture capital fund managed by Revo Capital. Sectors of interest of the fund are: fintech, gaming, information technology, health tech, clean tech, insure tech, DevOps, marketplaces, martech, big data, cybersecurity, and artificial intelligence and machine learning sectors. The fund invests in global companies or in companies that have global businesses. Companies must be based in Eastern Europe, Turkey or the Baltics. The fund will aim for a first close of between $50 and $60 million in March, and targets $100 million, with a cap at $150 million. Revo plans to invest in over 25 seed to Series B startups, typically starting with up to $5 million per company and allocating up to $10 million with follow-ons. The firm also carved out a "Seed Pocket" for smaller initial checks of $250,000–500,000 in promising pre-seed and seed-stage startups.

Bosch Ventures, the corporate venture capital arm of the Bosch Group, has announced the launch of its sixth fund, Robert Bosch Venture Capital Fund VI, with a commitment of €250 million (approximately $270 million USD). This fund aims to invest in early-stage and scale-up deep-tech startups worldwide, emphasizing sectors such as artificial intelligence (AI), energy efficiency, automation, climate technology, and quantum computing. The fund's objective is to support companies developing disruptive technologies that align with Bosch's mission to deliver innovation driving sustainable growth and long-term value. Since its establishment in 2007, Bosch Ventures has built a global presence with offices in key technology hubs, including Germany (Stuttgart, Frankfurt), the United States (Boston, Sunnyvale), Israel (Tel Aviv), and China (Shanghai). This global footprint enables the firm to identify and support startups with the potential to transform industries. To date, Bosch Ventures has made over 100 investments in key deep-tech areas, including AI, automation, energy efficiency, semiconductors, and mobility. Beyond capital, Bosch Ventures offers startups access to Bosch's business units through the Open Bosch program, supporting product development and market entry. This initiative fosters co-innovation by connecting startups directly with Bosch’s operating units, offering a unique platform for commercialization and scale. The fund's launch reinforces Bosch's commitment to innovation, even amidst economic uncertainties, by promoting technological progress in business and society.

The Fund is a new dedicated seed‑stage vehicle created by Sequoia Capital to partner with extraordinary founders at the very beginning of their journey. Backed by a $200 million seed‑pool and launching alongside a $750 million Series A vehicle, the fund underscores Sequoia’s pivot to earlier stage investments amid rapidly escalating valuations driven by AI. The firm emphasises backing teams before product‑market fit has been fully proven, helping them build meaningful businesses from day one through hands‑on support, governance, and access to its network of talent, customers and follow‑on capital. With its legacy of early bets in Airbnb, Google, NVIDIA and Stripe, Sequoia views this fund as a means to secure significant ownership and lasting influence in the next generation of category‑defining companies. The geographic scope spans the US and Europe, targeting foundational technology companies across AI, infrastructure, security, e‑commerce and enterprise software.

TBD VC Fund II is a $35 million early-stage venture capital fund launched by David Citron and Alan Buch, focusing on supporting Israeli deep tech founders. The fund aims to invest in approximately 20 startups, primarily at the pre-seed and seed stages, with initial checks of around $1 million. TBD VC emphasizes a founder-first approach, particularly targeting first-time entrepreneurs building companies in sectors like enterprise AI, cloud infrastructure, cybersecurity, and software-enabled defense technology. The firm operates with a global perspective, leveraging a network of over 45 venture partners, including senior operators from companies such as GitHub, American Express, Epic Games, and Netflix. This network assists portfolio companies in product development and go-to-market strategies, aiming for rapid commercialization. TBD VC's investment philosophy centers on backing deeply technical founders from day one, focusing on long-term value creation over short-term trends. Beyond financial returns, TBD VC is committed to social impact. A portion of the fund's profits is dedicated to supporting organizations that help discharged Israeli soldiers transition into tech careers, reflecting the founders' personal experiences and dedication to national resilience.

Thoma Bravo Fund XVI is the latest flagship buyout vehicle from Thoma Bravo, a leading software-focused private equity firm. Launched in late 2023, the fund successfully closed in mid-2025 with $24.3 billion in capital commitments, making it the largest private equity fund globally for 2024 or 2025. This achievement underscores investor confidence in Thoma Bravo's strategy of acquiring and scaling enterprise software companies. The fund targets 12 to 15 platform investments, each with equity commitments ranging from $900 million to $4 billion. Target companies typically have enterprise values between $2.5 billion and $13 billion. Thoma Bravo employs a "buy and build" strategy, seeking to enhance operational efficiency and drive growth through strategic acquisitions. Fund XVI focuses on sectors such as infrastructure software, cybersecurity, fintech, and enterprise applications. Geographically, the fund targets investments primarily in North America (85%) and Europe (15%). Thoma Bravo's approach involves partnering with existing management teams to implement best practices and accelerate value creation.

Touring Capital Fund I is a first institutional commitment to support the next generation of AI-powered software companies at the early-growth stage. With total capital of $330 million, the fund seeks to lead checks into B2B SaaS enterprises that have established product–market fit and are ready to scale. It bets on founders who leverage AI to improve real workflows, emphasize measurable ROI, and build defensible data moats. The team draws heavily on prior operating and venture experience (SoftBank Vision Fund II, M12, Qualcomm Ventures) to act as hands-on partners, combining deep networks with domain insight. The investment approach is conviction‑driven: fewer but concentrated bets, strong alignment with founders, and selective follow-on support. To date, the portfolio includes ~12 companies, with multiple up‑rounds and at least one exit (SafeBase acquired by Drata) as early validation of the thesis. The fund intends to back 18‑20 companies overall, mostly in the U.S. but with attention to Europe, India, and Australia as supplementary geographies. In execution, Touring Capital seeks to differentiate itself by combining AI / algorithmic sourcing tools (e.g. internal screening pipelines) with founder empathy and domain diligence, rather than chasing hype in foundational models.

Veritas Capital Fund IX is the latest flagship private equity fund from Veritas Capital, a New York-based firm specializing in investments at the intersection of technology and government. Launched in 2024, the fund has raised over $13 billion, exceeding its initial $10 billion target by 25%. This growth reflects strong investor confidence in Veritas's strategy of acquiring and transforming companies that provide critical products and services to government and commercial clients. The fund focuses on buyouts of mature, mid-sized companies primarily in the United States. Target sectors include aerospace and defense, healthcare IT, cybersecurity, and government services—industries characterized by high barriers to entry, long-term contracts, and consistent demand. Veritas aims to enhance these companies' value through strategic initiatives, operational improvements, and technological innovation. Veritas Capital Fund IX has attracted commitments from a diverse group of institutional investors, including public pension funds and insurance companies. The fund's strategy builds on the success of its predecessor, Fund VIII, which closed in 2022 with $10.65 billion in commitments. Veritas's proven track record in delivering strong returns positions Fund IX to capitalize on opportunities in sectors vital to national infrastructure and security.