Browsing: Closes

Bain Capital Ventures closes Fund XI at $1.6 billion, above target. Fund XI backs early-stage AI, infrastructure, security and related tech.

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Portage has closed Portage Ventures IV at approximately $600 million, giving the global fintech investment platform a substantial new pool of capital to back companies across wealth and asset management, banking, insurance, payments and other areas of financial services.

Generate Capital, a leading investor, owner and operator of critical infrastructure, on September 15 announced the closing of a $117-million term debt facility with MUFG to finance a portfolio of community solar projects. The transaction marks Generate’s first community solar financing with MUFG and further expands the company’s network of leading institutional financing partners.The facility…

As the rapid development of artificial intelligence triggers a renewed debate about its risks, the United States and China keep racing to develop increasingly powerful models even as they express their own concerns

For readers interested in more potential ideas around the infrastructure behind this type of AI build out, the next stop is 89 AI infrastructure stocks.

Rohati Capital has closed its inaugural venture fund at $50 million, exceeding its original $30 million target. The firm was founded by former Amazon operators who previously helped build and lead Amazon Lending.

Pinegrove Venture Partners has closed Strategic Investors Fund XII at $1.5 billion across its Early and Scale strategies.

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Luma Group has closed LumaBio Fund I at $410 million in committed capital, completing the final close of its inaugural life sciences venture capital fund.