Machine Learning

Redpoint Ventures X is the tenth early-stage venture fund from San Francisco-based Redpoint Ventures, a firm with over 25 years of track record in backing transformative technology companies. The $650 million fund matches the size of its predecessor, a strong signal of continued support from limited partners in a challenging fundraising climate. Redpoint maintains its conviction in identifying and supporting high-potential startups from their earliest phases of growth. This early-stage strategy is led by managing partners Alex Bard, Satish Dharmaraj, Annie Kadavy, and Erica Brescia, who joined the firm in 2021 after serving as GitHub's COO. The fund will continue to invest in areas where Redpoint has shown strong thesis alignment, including AI infrastructure, developer tools, cloud software, and next-gen enterprise solutions. Recent notable investments include Poolside, Cockroach Labs, and Levelpath. Redpoint Ventures X complements the firm’s broader multi-stage platform, which also includes a $740 million growth fund raised in 2024. With a strong track record of exits — including Next Insurance, Tastemade, and HashiCorp — Redpoint aims to partner with founders building enduring, category-defining businesses in complex and fast-changing markets.

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.

Smith Point Capital Fund I is the inaugural venture fund launched by Smith Point Capital, an operator-led investment firm established in 2022 by former Salesforce co-CEO Keith Block, alongside seasoned software executives Burke Norton and Chris Lytle. The fund focuses on growth-stage enterprise software companies, providing both capital and strategic operational support to accelerate their development. With a hard cap of $400 million, the fund has secured commitments from notable investors, including ServiceNow as a strategic partner and anchor investor, as well as The Hillman Company, Solamere Capital, and David A. Tepper. Smith Point Capital leverages its founders' extensive experience in enterprise software to implement proven strategies in revenue growth, innovation, and operations, aiming to build durable, industry-leading businesses. The firm's unique approach includes the Smith Point Precision Advisory Network, comprising senior executives from leading software companies, to provide portfolio companies with hands-on guidance and access to a wealth of industry knowledge and networks. Financial Characteristics of Target Companies: Investment Size: $20 million to $30 million per company Company Stage: High-growth, privately held companies generating revenue EBITDA Multiples: Typically ranging from 8x to 12x for software companies, reflecting high recurring revenue and scalability Valuation Multiples: Revenue multiples for comparable software companies often range between 10x to 12x, depending on growth rates and market position

Tiger Global PIP Fund XVI, located in New York, is an early-stage venture capital fund managed by Tiger Global Management. The fund targets to invest in the artificial intelligence, machine learning, software, consumer and fintech sectors globally. Previous funds of Tiger Global Management have invested in hundreds of companies across more than 30 countries. According to sources,Tiger Global has raised $2.2 billion for Tiger Global PIP Fund XVI. Tiger Global started raising for its 16th fund in October 2022 and had received commitments of about $2 billion by the middle of last year. But it only received further commitments of just $200mn in last months.

Uncork Plus IV is a $75 million opportunity fund launched by Uncork Capital to support the continued growth of standout companies within its existing portfolio. As the fourth vehicle in the Plus series, this fund enables Uncork to maintain long-term partnerships with its most promising startups as they scale beyond the seed stage. While Uncork’s core funds focus on initial investments at the seed level, Plus IV is designed to participate in later-stage financings—typically Series B and beyond—providing flexible, follow-on capital to companies reaching significant inflection points. This approach allows Uncork to deepen its exposure to its highest-performing investments and help them capitalize on major growth opportunities. Uncork Plus IV primarily targets sectors aligned with the firm’s seed strategy, including B2B software, AI, SaaS, infrastructure, and other transformative technology areas. The fund’s capital is exclusively allocated to companies that Uncork has already backed, reflecting deep conviction and continuity in the firm’s investment philosophy. By pairing Uncork VIII with Plus IV, the firm enhances its ability to not only identify and nurture early-stage winners but also to stay involved throughout their journey to category leadership and exit.

Uncork VIII is the $225 million eighth seed-stage fund raised by Uncork Capital, a veteran venture capital firm based in San Francisco. This fund represents a continuation of Uncork’s high-conviction strategy of investing early in exceptional founders building the next generation of transformative technology companies. With Uncork VIII, the firm plans to lead approximately 35 seed rounds, writing larger initial checks than in previous funds. The goal is to secure higher ownership stakes and provide more meaningful early support to startups. This approach reflects Uncork’s belief in deep engagement with portfolio companies from the earliest stages of their growth journey. The fund targets high-potential startups in sectors such as B2B software, developer tools, infrastructure, SaaS, artificial intelligence, and frontier technologies. Uncork aims to be the first institutional check into these companies, helping them scale with strategic guidance and access to its extensive network. Uncork VIII continues the firm’s tradition of being an early backer of industry-defining companies like Postmates, Fitbit, Poshmark, and Eventbrite. With this new fund, Uncork seeks to identify and support the next wave of standout entrepreneurs solving hard problems through software and data-driven innovation.