JAZZ, AllegisCyber, Fika and more emerging managers highlight latest roundup

Emerging managers raised more than $1.4 billion from May 22 through June 5. Venture firms were responsible for more than $722 million of that.

JAZZ Venture Partners led all venture firms, raising $287 million for its sophomore fund. The firm focuses on augmented reality, artificial intelligence, immersive gaming and closed-loop human-computer systems.

AllegisCyber Capital was the second largest. Its sophomore fund raised $198.7 million and will focus on cybersecurity in emerging technology markets.

At third was Fika Ventures, which raised more than $76 million for its sophomore fund. The firm focuses on enterprise software, fintech, marketplaces and digital healthcare.

Below is a rundown of the most significant venture funds that VCJ has identified as being in the market over the past few weeks:

AllegisCyber Capital makes seed and early-stage investments in cybersecurity and its applications in emerging technology markets. Its sophomore fund raised $198.7 million.

Elsewhere Partners makes investments in software companies that are located outside major venture capital hubs. Its debut fund raised $70 million.

Fika Ventures looks to support entrepreneurs within enterprise software, fintech, marketplaces and digital health sectors. Its sophomore fund raised $76.4 million.

IDEA Fund Partners makes seed and early-stage investments in innovative technology companies in the Southeast and Mid-Atlantic regions. Its third fund raised more than $17.7 million.

JAZZ Venture Partners focuses on the intersection of digital technology and neuroscience that influence the human experience. Its sophomore fund raised more than $287 million.

Patamar Capital invests in high-growth companies solving South and Southeast Asia most pervasive problems. Its sophomore fund raised $23.6 million of a targeted $150 million.

Pilot Growth Equity focuses on growth investments for technology entrepreneurs. Its sophomore fund raised $43.2 million.

Runa Capital is an early stage firm that focuses in software applications and infrastructure. Its third fund raised $1.2 million of a targeted $100 million.

Springdale Ventures makes early-stage investments for consumer brands. Its debut fund raised $4.8 million of a targeted $35 million.