Venture Capital Pulse Daily Digest

Tooru to Acquire Plant-Based Milk Machine Startup Mylky for $16.2M
NewsApr 17, 2026

Tooru to Acquire Plant-Based Milk Machine Startup Mylky for $16.2M

UK wellness investor Tooru is acquiring Belgian at‑home plant‑based milk machine maker Mylky for $16.2 million. The deal is funded with cash, a $4 million loan note, $4 million in newly issued Tooru shares and additional debt. Mylky reported $8.8 million revenue and $2.9 million...

By Green Queen
When a LP Defaults
NewsApr 16, 2026

When a LP Defaults

Limited partnership (LP) defaults on capital calls remain uncommon, affecting fewer than 5% of private‑equity funds, but heightened market stress is increasing scrutiny. Alexander Branton, CIO of Nodem Capital, outlines the contractual mechanisms that govern defaults, including enforcement rights and...

By Private Funds CFO
Fund II Second Close Strengthens Unconventional Ventures’ Bet on Overlooked Founders
NewsApr 16, 2026

Fund II Second Close Strengthens Unconventional Ventures’ Bet on Overlooked Founders

Unconventional Ventures announced the second close of its Fund II, bringing in new limited partners such as Wire Group, Investinor, FÆRCH OG DØTRE and Merete Lundbye Møller. The raise comes amid global economic uncertainty and tighter capital markets, underscoring the...

By Tech.eu – People
ET Capital Launches Cambridge Venture Index Fund 2 to Broaden Access to Deeptech Investing
NewsApr 16, 2026

ET Capital Launches Cambridge Venture Index Fund 2 to Broaden Access to Deeptech Investing

ET Capital has launched the Cambridge Venture Index SEIS/EIS Fund 2 (CVIF2), targeting up to 20 early‑stage, science‑based companies emerging from the Cambridge and Oxford ecosystems. The fund builds on CVIF1, raised in 2025, and applies proprietary synthetic‑venture modeling that...

By Tech.eu – People
IEEE Entrepreneurship Connects Hardware Startups With Investors
NewsApr 16, 2026

IEEE Entrepreneurship Connects Hardware Startups With Investors

IEEE Entrepreneurship has launched a series of Hard Tech Venture Summits in 2024 to connect hardware‑focused startups with investors, service providers, and mentors. The two‑day events, held in locations such as Menlo Park, Boston, and Toronto, combine pitch competitions, round‑table...

By IEEE Spectrum – Smart Cities
Accel Raises $5B AI-Focused Fund
DealsApr 16, 2026

Accel Raises $5B AI-Focused Fund

Accel announced the close of a $5 billion fundraising round aimed at capitalising on the surge in AI investment opportunities. The new fund will be used to back AI-driven startups across sectors. The raise was disclosed on April 16, 2026.

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Slash Financial Raises $100M at $1.4B Valuation, Led by Ribbit Capital with Khosla Ventures and Goodwater Capital Co‑leading
DealsApr 16, 2026

Slash Financial Raises $100M at $1.4B Valuation, Led by Ribbit Capital with Khosla Ventures and Goodwater Capital Co‑leading

Slash Financial Inc., a fintech startup founded by Victor Cardenas and Kevin Bai, secured $100 million in a new funding round, valuing the company at $1.4 billion. The round was led by Ribbit Capital, with Khosla Ventures and Goodwater Capital co‑leading. The...

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Beeline Medicines Raises $300M Series A Led by Bain Capital to Advance BMS‑licensed Immunology Pipeline
DealsApr 16, 2026

Beeline Medicines Raises $300M Series A Led by Bain Capital to Advance BMS‑licensed Immunology Pipeline

Beeline Medicines announced a $300 million Series A financing round, led by Bain Capital, to fund its immunology and inflammation drug pipeline licensed from Bristol Myers Squibb. The Stamford‑Boston startup will develop candidates such as afimetoran (BMS‑986256) for systemic lupus erythematosus and other...

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