Benchmark, Foundation and Eclipse Poised for Win with Cerebras IPO
AI chipmaker Cerebras Systems is preparing for an initial public offering, positioning its early backers Benchmark, Foundation and Eclipse for substantial gains. The venture firms were the first investors, providing the $27 million Series A round in 2016. Since then, Cerebras has raised over $1 billion in funding and built a wafer‑scale processor that rivals traditional GPUs. The IPO is expected to value the company at several billion dollars, delivering multi‑digit returns to its founding investors.
TwinFocus Plans to Avoid Venture for Family Office Clients, ‘Dubious’ on Asset Class
TwinFocus, a leading multifamily office, announced it will largely steer its family‑office clients away from venture‑capital allocations, labeling the asset class as "dubious." Head of the firm, Paul Karger, said the firm prefers to avoid managers operating in overly crowded...
Across Ventures Partners with SBI Holdings to Launch $100m Fund of Funds
Across Ventures has teamed with Japan’s SBI Holdings to launch a $100 million fund of funds aimed at micro‑venture capital firms. SBI acts as the anchor investor, lending credibility and access to the Japanese market. The vehicle will allocate capital to...
Impact Investor Unconventional Ventures Reaches Second Close for Fund II
Unconventional Ventures announced the second close of its Fund II, adding a slate of new limited partners from Europe. The latest investors include Dutch, Norwegian and Danish impact‑investment firms, alongside venture investors and individual venture capitalists. The fund continues to...
A Reckoning for SaaS Investors?
Investors are growing cautious about traditional SaaS models as the market pivots from seat‑license, record‑keeping products toward platforms that deliver automation, outcomes, and integrated action. The shift is driven by AI‑enabled features that promise measurable business results rather than static...
British Business Bank Ups Pace for Emerging VC Funds
The British Business Bank announced that its Enterprise Capital Funds (ECF) programme will double the speed of capital commitments to emerging venture‑capital funds over the next few years. Mark Sims, head of development equity funds, said the acceleration aims to...
Eka Ventures Raises $107m for Fund II, Focused on UK Impact Start-Ups
London‑based Eka Ventures has closed its second fund at $107 million, aimed at backing UK‑based impact startups. The fund’s limited partner list now includes the Health Foundation, the Esmée Fairbairn Foundation, the Vivensa Foundation, and several family offices. Building on a...
DOWNLOAD: Q1 Fundraising Continues at a Snail’s Pace
Venture capital firms worldwide raised $21 billion in the first quarter of 2024, matching the amount collected in Q1 2025. The flat figure underscores a continuation of the sluggish fundraising environment that has persisted since 2022. Investors remain cautious amid higher...
LPs Leave No Stone Unturned During Background Checks
Limited partners (LPs) are tightening their due‑diligence processes, scrutinizing every facet of private‑equity fund managers before committing capital. The heightened scrutiny includes deep background checks on investment teams, compliance histories, ESG practices, and operational resilience. LPs are leveraging third‑party data...
An Insider’s Guide to Gifting Carried Interest and Estate Planning
CPA Anthony Venette advises venture capital general partners to gift a portion of their carried interest early, allowing any subsequent appreciation to grow outside the donor’s estate. By transferring ownership before the assets appreciate, the future increase is excluded from...
An LP Base that Women-Led VCs Can’t Afford to Ignore
A recent survey of high‑net‑worth women investors shows that nearly half are just beginning to explore private‑market opportunities, yet 67% intend to allocate $25,000‑$49,000 to venture funds this year. This emerging pool represents a sizable, yet under‑tapped, source of limited‑partner...