The multi-stage investor has raised $2 billion for two news funds, including $1.2 billion for its main fund and $800 million for a companion vehicle that invests in later-stage growth and buyout transactions.
The firm, famous for proclaiming that software is eating the world, says bio is in everything. Leading the firm are General Partners Jorge Conde, Vijay Pande, Julie Yoo and incoming GP Vineeta Agarwala.
Helsinki, Finland-based Aiven, which develops cloud infrastructure, announced that it has raised $40 million in a Series B round of funding from IVP and existing investors Earlybird VC and Lifeline Ventures, among others.
More firms are realizing that it’s beneficial to help the founders they back and are providing them with various resources. The services are a way to differentiate themselves from others. Firms and LPs are on board.