Rebecca Szkutak
Nearly $8bn was invested in 2019, a record year for deals in emerging markets, as Latin America and South-East Asia saw the most fundraising activity.
The Midwestern university system has now committed nearly $360m to the venture asset class throughout 2019.
The pension invested $32.5m into Lightspeed India Partners III and a Harpoon Ventures vehicle backed by Lightspeed.
The pension committed more than $38.4m across three vehicles that target early stage, growth, co-investments and follow-on rounds.
Insurtech funding was down 54% in Q1 after a record-breaking $1.98bn was invested into the sector in Q4.
Venture funding in Latin America doubled in 2019 for the fourth straight year, showing its resiliency in the wake of political disruption in the region. Now, it hopes this spirit will push it through the current coronavirus downturn.
Summit Partners recently launched its fifth venture product and grabbed three LP commitments over the last week.
Recent research from Valor Ventures found that the gap may be as large as $1.8bn annually and as vast as $20bn since 2008.
The Pacific Northwest-based organization made a $30m commitment to Mayfield XVI and a $20m commitment to Mayfield Select II.
The San Francisco pension pours $100m into venture in Q1 and has committed more than $1bn to the asset class in the last five years.