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- HUGO BOSS $100M Venture Fund
HUGO BOSS $100M Venture Fund
Collateral Good, BioStar Capital, Intuitive Ventures, Canapi Ventures, Zelda Ventures
Millet Gilmore
December 11, 2023
Where’s that money? 💸
Hugo Boss partners with Collateral Good
Global | Early Stage | Fashion
Collateral Good, in partnership with HUGO BOSS, has launched a €100M Sustainable Fashion fund. The fund will invest globally in startups addressing sustainability in the fashion industry, focusing on areas like textile recycling, upcycled materials, and transparent supply chains.
The investment team will be led by Martin Ott, former Managing Director of Adidas Ventures.
Global | Early Stage | MedTech
BioStar Capital, a Michigan-based venture capital firm specializing in medical technologies, has closed its fifth fund at $130.3M. Led by founders Dr. Louis Cannon and Dr. Alan Davis, the fund focuses on cardiovascular disease, orthopedics, and robotics.
Global | Early Stage | Healthcare
Intuitive Ventures has closed its second fund at $150M. Fund II will concentrate on three key areas: enhancing access and coordination, advancing precision diagnostics and interventions, and developing secure digital ecosystems. Led by Murielle Thinard McLane, the fund offers not only financial support but also access to Intuitive's extensive network and expertise.
Global | Early Stage | B2B Fintech
Canapi Ventures has closed its Fund II at $750M. The firm will continue to focus on B2B fintech companies, but this fund is emphasizing startups operating in AI governance, cybersecurity, and climate tech.
Suzanne Fletcher, GP at Zelda Ventures
Global | Pre-seed | Agnostic
Led by General Partner Suzanne Fletcher, Zelda Ventures has successfully closed its first fund at $33M. Operating as a generalist fund, Zelda Ventures has already invested in 10 companies, including Andromeda Surgical, Pointable, and Redcoat AI, with plans to invest in a total of 40 companies.
Who’s Hiring? 😎
Psst…firms expanding their investment team are often raising a new fund behind the scenes. 💰
TDK Ventures- early stage tech
Analyst | Boston, MA | Application
Spring Mountain Capital- enterprise software, vertical SaaS, digital health
Associate | New York, NY | Application
M13- e-commerce enablement, fintech, digital health, future of work, AI and web3
Senior Associate | San Francisco, CA | Application
Wells Fargo- strategic capital fund
Investor | Palo Alto, CA | Application
MIT- university fund
Investor | Cambridge, MA | Application
M12- Microsoft’s venture fund
Partner | San Francisco, CA | Application
XRC- pre-seed accelerator fund
Partner | New York, NY | Application
Firms that raised capital in the past few weeks.
November 29th- NXTP, Twelve Below, Calm Ventures…
November 14th- IBM Ventures, 20Growth, Faction Ventures…
November 6th- Village Global, Bioluminescence Ventures, Bee Partners…
October 30th- Flourish Ventures, Wellington Access Ventures…
October 23rd- Mosaic GP, Shield Capital, Syn Ventures…
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Cheers! 🥂 Have a great week.
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