This week’s Moves in VC contains 9 Moves and 11 new fund announcements, compiled from 40+ sources.
ICYMI
🔵 S. Somasegar, Managing Director at Madrona, passed away unexpectedly.
EASTERN US
🟠 William Hess was promoted from Vice President to Principal at 645 Ventures. 645 Ventures is an early stage venture capital firm focusing on software, technology tools, and consumer applications.
🟠 Michael Zhao joined Eniac Ventures as a Principal. Michael previously worked at Vimcal as a Co-founder and CTO. Eniac Ventures is an early stage venture capital firm.
Interested in having your job featured here?
WESTERN US
🟣 Mo Islam joined Obvious Ventures as a Partner. Mo left his role as a Partner at DFJ. Obvious Ventures is a San Francisco-based venture capital firm focusing on planetary, human, and economic health.
🟣 Tony S. Kim joined NAVER Ventures as a Principal. Tony previously worked at Cisco as a VC Investor and M&A. NAVER Ventures invests in AI, compute, deeptech, and cybersecurity.
🟣 Ted Chai joined Scale Venture Partners as an Investor. Ted previously worked at Recall.ai as a Chief of Staff.
EUROPE
🟢 Alexandros Bottenbruch left his role as a Partner at PayPal Ventures. PayPal Ventures invests in companies focused on fintech, payments, commerce enablement, AI, blockchain, cryptocurrency, and regulatory and cyber technology.
🟢 George Radford was promoted from Principal to Partner at Frontline Ventures. Frontline Ventures is a venture capital firm focusing on B2B companies.
🟢 Karyn Gibson joined Transcend as the Head of Investor Relations and Capital Formation. Karyn previously founded High Pass Partners. Transcend is an early stage venture capital firm focusing on games and digital entertainment.
ASIA
🟡 Veenu Choudhary joined Vertex Ventures SE Asia & India as an Investment Director. Veenu previously worked at DevRev on their GTM team. Vertex Ventures SE Asia & India is an early stage venture capital firm.
NEW FUNDS
These firms are ready to write checks, with new funds recently closed.
🔴 San Francisco-based Commit Capital launched its new $15M fund to invest in B2B software, with a focus on dev tools and infrastructure.
🔴 Gurugram-based Physis Capital closed its $42M maiden fund to focus on consumer tech, fintech and deeptech.
🔴 London-based Goalhanger launched Goalhanger Ventures, a new investment and partnerships arm created to back high-quality, creator-led media businesses.
🔴 New York-based Opto Investments closed its new AI-focused venture fund. The fund amount was undisclosed.
🔴 London-based Transition Ventures closed its second $150M fund to back startups at the intersection of AI and the physical world.
🔴 Berlin-based Marvelous and the Joachim Herz Foundation launched a $23.2M deeptech fund.
🔴 Barcelona-based Ysios Capital launched its new $116.2M fund to invest in biotech companies.
🔴 New Zealand–based Bridgewest Ventures closed its first $35.6M fund to back companies across cleantech, life sciences, medtech, AI, and advanced materials.
🔴 New York-based Blue Cloud Ventures closed its fifth fund to support AI companies. The fund amount was undisclosed.
🔴 Vancouver-based Version One Ventures closed its $78M Version One Fund V and $30M Opportunities Fund III. The funds will focus on AI, robotics and physical AI, deeptech, biology, and emerging global ecosystems including India and Africa.
🔴 San Francisco-based Generationship closed its first $2.7M fund to support women founders building infrastructure for the AI shift.
Stay tuned for next week’s Moves in VC!
