This week’s Moves in VC contains 7 moves and 12 new fund announcements, compiled from 40+ sources.
ICYMI
🔵 Brandon Gleklen was promoted to Partner at Battery Ventures, the firm he joined straight out of college.
EUROPE
🟣 Laura McGinnis joined Singular as a Partner. Laura previously worked at Balderton as a Principal. Singular is an early-stage venture capital firm supporting Europe’s creators.
🟣 Greta Anderson, Elena Moneta, and Claudia Rowe were promoted to Managing Director at Balderton.
🟣 Beth Faus joined Cathay Innovation as a Vice President. Beth previously worked at Seaya as a Principal.
LOOKING TO MAKE A MOVE YOURSELF?
| ⭐ San Francisco-based Horizon is looking for an Associate. Check out the role here.****This role was sponsored by Horizon. |
EASTERN US
🟠 Tarun Gupta left his role as a Partner at Jump Capital to join Ode with Anthropic as a Head of Corporate Development.
🟠 Sharia Huda joined Nomi Capital as a Head of Capital Formation Principal. Sharia previously worked at J.P. Morgan as a Vice President. Nomi Capital is a venture capital firm focusing on defense technology companies.
WESTERN US
🟢 Lewis Guo joined The General Partnership focusing on Talent, Growth, and Venture. Lewis previously worked at Contextual AI as a Head of Talent. The General Partnership supports founders by providing capital, as well as support from senior operators.
SOUTH AMERICA
🟡 Robert Shepherd left his role as a Senior Investment Manager at SQM Lithium Ventures. SQM Lithium Ventures supports entrepreneurs building solutions around lithium, water, or electromobility.
NEW FUNDS
These firms are ready to write checks, with new funds recently closed.
🔴 North Carolina-based GEM closed $82M to invest in early-stage funds.
🔴 New York-based Floating Point raised $125M for its third fund to tackle “real world” businesses.
🔴 Tel Aviv-based Team8 raised $265M for its third enterprise AI fund and an additional $100M for follow-on investments in existing portfolio companies.
🔴 Bengaluru-based Bluehill.VC closed its maiden fund at $42M, including a $5.25M greenshoe option. The fund will invest in semiconductors, defense, space, energy, and more.
🔴 San Francisco-based Reach Capital closed its fifth $265M fund to back AI founders.
🔴 Rhode Island-based Teknor Apex Company, launched its corporate venture and innovation arm, TekVentures. TekVentures will invest in early-stage founders focusing on next-generation materials, manufacturing, and industrial intelligence.
🔴 US and UK-based EMERGING and Promethean announced $300M for their Experience Fund. The fund will invest in AI for hospitality and experiential entertainment.
🔴 Germany-based EIT Culture & Creativity raised a $9.9M fund to support creative tech startups and scale-ups across Europe.
🔴 The Brussels-based European Commission announced its $5.7B Scaleup Europe Fund to back AI and technology companies across Europe.
🔴 Singapore-based K2 Global raised $200M for its AI fund.
🔴 Beanstalk Agtech launched Monsoon Ventures, a Singapore-based venture studio that will support Southeast Asian founders to commercialize agtech solutions.
🔴 Toronto-based Ripple Ventures closed its fourth fund to invest in early-stage frontier technologies. The fund amount was undisclosed.
FOR EMERGING MANAGERS
⚪ Looking for candid insights and lessons from today’s Emerging Managers? Check out our Emerging Manager Spotlight series and learn from LPs and GPs building the next wave of venture firms.
⚪ Join over 3,000 VC professionals receiving key legal insights by Chris Harvey. Discover the “Law of VC” Substack with free checklists, forms, and guides.
Stay tuned for next week’s Moves in VC!
