This week’s Moves in VC contains 5 Moves and 10 new fund announcements, compiled from 40+ sources.
ICYMI
🔵 Bryan Kim is leaving his role as a Partner at a16z to start his own fund.
EASTERN US
🟠 Bob Iger rejoined Thrive Capital as an Advisor after stepping down as CEO of Disney.
🟠 Ankur Nagpal launched USVC as a General Partner, alongside Naval Ravikant who is joining as Chairman of the Investment Committee. USVC is a new venture capital fund from AngelList that is focused on individual investors.
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WESTERN US
🟣 Christine Kim left her role as a Partner at Greylock while Neiman Mathew joined Greylock as a Partner. Christine joined Serval as the Head of Strategic Projects.
🟣 Jason Saltzman joined a16z to build the Insights function on the New Media team. Jason previously worked at CB Insights as the Head of Insights.
EUROPE
🟢 Phil Chambers joined Balderton Capital as a Partner while Andrea Roda left his role as an Investment Principal. Phil previously served as the CEO of Orbex.
NEW FUNDS
These firms are ready to write checks, with new funds recently closed.
🔴 Connecticut-based Kline Hill raised $400M for its second VC secondaries fund in partnership with Cendana.
🔴 Joshua Kushner launched Thrive Eternal, a permanent capital holding company. Their first investment is expected to be with the San Francisco Giants.
🔴 San Francisco-based Mighty Capital closed its third $91M fund to focus on early stage B2B software investing.
🔴 San Francisco-based Haystack raised its eighth $85M fund, while its companion fund, Needles, raised $25M.
🔴 Paris-based Kurma Partners closed its fourth $251M biofund.
🔴 The AI Health Fund launched Treehub, a residency program supporting early-stage founders emerging from academic environments.
🔴 Connecticut-based Lime Rock New Energy closed its second $640M fund to back energy transition companies.
🔴 London-based Passion Capital closed its fourth $55M fund to invest in AI, fintech, and enterprise risk across the UK and Europe.
🔴 Austria-based Speedinvest launched an undisclosed-size fund to target early and growth-stage startups across MENAPT and Sub-Saharan Africa.
🔴 Turkey-based Firstpoint VC launched its $58.7M fund to invest in AI-driven gaming and entertainment startups.
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Stay tuned for next week’s Moves in VC!
