Money is Flowing into 6 More VC Firms

GM innovators and tech creators. I hope everyone had a nice weekend. The venture community has had a lot of action this past week, with the money flowing!

There are 6 firms that just closed a new fund as well as 10 that are hiring. All 16 of these firms should be ramping up their investments this fall, so take a look and reach out!

Read Time ~4 min

• Where’s that money? 💸

• VC Firms hiring 👇

Where’s that money? 💸

Blockchain Capital

Global | Early Stage | Blockchain and Web3

Co-founders Bart Stephens and Brad Stephens have raised a whopping $580M for their sixth fund. $380M will be reserved for Pre-seed to Series A rounds with the remaining capital going to their opportunities fund to target late-stage investments.

EJF Ventures

Global | Early Stage | Financial Services Disruptors

EJF Capital, the global alternative asset management firm, announced the closing of a new $104M venture capital fund called EJF Ventures. Managing Partners Jonathan Bresler and Michael Cherepnin will be leading the charge as they look to invest in startups disrupting the financial services industry.

AQN Digital 

Global | Early Stage | Blockchain

Aquanow, the Canadian blockchain infrastructure and liquidity provider, launched a venture capital fund out of their subsidiary AQN Digital. They are committed to supporting companies that solve issues in the technology stack of financial services. Expect one to two additional investments from the fund each month going forward.

Rev1 Ventures

United States | Early Stage | Healthcare

Rev1 Ventures has partnered with Nationwide Children’s Hospital and The Ohio State University to support early-stage healthcare companies. This third, $30M fund, will invest in core research-based themes, including gene and cell therapy, neuroscience, biofilms, ocular health, cardiovascular health, and other therapeutics technologies.

Astanor

Global | Early Stage | Agrifood Tech, Impact

The Brussels-based investment firm has raised its second fund, at €360M. They will continue to invest in companies that align with their core values of climate transition, nature positivity, resource efficiency, and the betterment of social and health outcomes.

Dawn Capital 

Europe | Series A+ | B2B Software

The London-based VC announced a new $700M fund to invest in B2B software companies. This is their fifth fund, and they plan to invest $620M into 20 companies in the Series A and B rounds, with the remaining $80M reserved for follow-on investments.

Who’s Hiring? 👇

Psst…firms that are expanding their investment team often are raising a new fund behind the scenes. So for the entrepreneurs that read this newsletter, you can still use this section to reach out to folks with drypowder. 💰

What did you think of this week’s email? If you have other suggestions on what you want included, reach out on Twitter…or X I guess. 👇😊

Have a great week everyone!