AI-focused venture capital firm Air Street Capital says it has closed a new $121 million fund. The London-based company announced Wednesday (Sept. 6) that the…
In 2023, funds of funds (FoFs) are on track to raise the smallest amount of money this year in more than a decade. At the same time, muted venture deal activity has many firms ditching their follow-on funds. Level Ventures raised $104 million for its debut fund, a data-driven, three-pronged investing strategy that uses in-house algorithms to back other emerging managers, invest in promising companies from those managers' portfolios and source deals of its own.
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