Venture Capital

Kurma Partners: €215 Million Biofund IV Closes As Total AUM Reach €1 Billion

By Amit Chowdhry ● Apr 24, 2026

Kurma Partners, a Paris-based European healthcare venture capital firm and Eurazeo group company, has announced the final closing of Biofund IV at €215 million, bringing total assets under management across all Kurma Partners franchises to €1 billion. The fund is backed by cornerstone investors CSL, the European Investment Fund, and Bpifrance, alongside other European institutional investors and family offices. Parent company Eurazeo is also an investor in the fund.

Anthropic: Implied Valuation Reaches $1 Trillion On Secondary Markets, Surpassing OpenAI

By Amit Chowdhry ● Apr 24, 2026

Anthropic, the AI safety company and maker of the Claude family of AI models, has reached an implied valuation of roughly $1 trillion on Forge Global, a private share marketplace, according to the platform's CEO Kelly Rodriques, putting it ahead of OpenAI, which trades at an implied $880 billion on the same platform.

Northern Gritstone: £20 Million Rolling Close Anchored By British Business Bank

By Amit Chowdhry ● Apr 24, 2026

Northern Gritstone, a Leeds-based deeptech and life sciences venture capital firm, has announced a £20 million rolling close of additional ordinary share commitments, bringing its total permanent capital to £382 million. The close was anchored by a £10 million cornerstone investment from the British Business Bank, which increases its total commitment to Northern Gritstone to £40 million. Additional investment came from existing shareholders, including Andrew Law, chief executive of hedge fund Caxton Associates.

NeoCognition: $40 Million Raised For Specialized AI Agent Platform Advancing Expert Intelligence

By Amit Chowdhry ● Apr 24, 2026

NeoCognition, a research lab focused on building self-learning AI agents, has emerged from stealth with a $40 million seed funding round to advance specialized intelligence and expert-level automation. The oversubscribed round was co-led by Cambium Capital and Walden Catalyst Ventures, with participation from Vista Equity Partners and several other investors. Notable angel investors and advisors include Lip-Bu Tan, Ion Stoica, and leading AI researchers such as Dawn Song, Ruslan Salakhutdinov, and Luke Zettlemoyer.

OpenAI: $1.5 Billion Reportedly Committed To Private Equity Joint Venture To Accelerate Enterprise AI Adoption

By Amit Chowdhry ● Apr 24, 2026

OpenAI is set to commit up to $1.5 billion to a new joint venture with private equity firms designed to accelerate the adoption of its workplace and business-focused AI tools, according to a Reuters report. The venture, known internally as DeployCo and structured as a Delaware-based limited liability company, is expected to be valued at $10 billion in a funding round anticipated to close in early May.

Decade Energy: €22 Million Raised To Scale Depot Power Infrastructure For European Truck Electrification

By Amit Chowdhry ● Apr 24, 2026

Decade Energy, a Paris-based company building power infrastructure at logistics depots, has raised €22 million to scale deployment across France, expand its product offering, and enter new international markets. The round was led by Eiffel Investment Group and SET Ventures, with continued backing from existing investors Ananda Impact Ventures and Contrarian Ventures.

Harbinger Sports Partners: $450 Million Raised In Initial Closing Of Fund I Strategy For Professional Sports Ownership

By Amit Chowdhry ● Apr 24, 2026

Harbinger Sports Partners, an Atlanta-based private equity firm focused exclusively on minority stake investments in professional sports franchises, has secured over $450 million in assets under management following the initial closing of its Fund I strategy. The closing was anchored by leading private wealth platforms, alongside family offices and institutional capital investors seeking long-term exposure to professional sports ownership.

Cloudsmith: $72 Million Series C Raised To Secure The AI-Powered Software Supply Chain

By Amit Chowdhry ● Apr 24, 2026

Cloudsmith, a universal artifact management platform based in Belfast, Northern Ireland, has raised $72 million in a Series C financing round to accelerate product development and expand its go-to-market capabilities as enterprises increasingly adopt AI-driven software development. The round was led by TCV and included participation from Insight Partners, along with other existing investors.