The firm's eighth flagship has raised $350m to invest in companies developing 'picks and shovels' for AI
With commitments from returning LPs, as well as new endowments, family offices and its first two public pension plans, the new fund has made 12 investments to date.
Trained as a quantum scientific researcher, Kris Kaczmarek shifted his career focus to venture capital, excited by what a quantum-focused funds were building.
Ohio's $23.4bn public school employees' pension is the latest LP to invest in the fund, committing $50m.
Our H1 Fundraising Report shows fundraising totals stabilizing, but the number of funds continuing to decline.
LPs in €566m EQT Ventures I included HarbourVest, which led the new CV, as well as AP Fonden 4, Danica Pension, Ilmarinen Mutual Pension Insurance Company, Investor AB, Danish Export and Investment Fund, European Investment Fund and Tesi.
Among the LPs in the firm’s debut fund were Alaska Retirement Management Board and Teachers Insurance and Annuity Association of America.
LPs include IFC, FASA, Shell Foundation, Trafigura Foundation, Speedinvest, Blink Impact, FSD Africa and Cisco Foundation.
In this podcast, Amadeus Capital Partners' chief executive, who is known as the godmother of European venture capital, speaks with PEI's Adam Le about what the AI boom means for investors and more.
The backer of serial entrepreneurs across Europe, the UK and US has secured a $40m commitment from the British Business Bank.