Venture Capital Journal

🌏 Japanese corporations are taking a more strategic approach to venture investing, partnering with Western VCs to access AI, deep tech and emerging business models. Explore why the trend is accelerating: okt.to/qVY4p6

🏛️ The UK's largest pension scheme is expanding its venture ambitions. Nest has launched a dedicated VC sleeve with Schroders Capital, starting at £200m and targeting up to £1bn by 2030. Read how its strategy is evolving: okt.to/PzsO51

🤝 Corporate VCs are leaning further into AI. Pegasus Tech Ventures has launched a new fund with Japan's Asteria Corporation to invest in AI, automation, edge computing and intelligent data infrastructure. Read how the strategy is evolving: okt.to/M7tbJ4

🧵 Tapestry VC is targeting $80m for Fund III to back repeat founders across Europe, the UK and the US, with a $40m anchor commitment from the British Business Bank. Read more: okt.to/q4HiMr

📊 Colorado PERA is weighing whether to pull back on private equity after underperformance, highlighting the broader debate over PE returns, liquidity and allocation strategy. Read more: okt.to/mcWo9X

AI appetite isn't slowing. Menlo Ventures has reportedly doubled the size of its Anthropic-focused co-investment vehicle after attracting more than $900m of LP demand ahead of the AI company's expected IPO. Read the full story: okt.to/Cd9RDV

Revaia has appointed Benoît Seringe as partner and head of IR as it expands its global LP platform, with continuation vehicles becoming an increasingly important part of the liquidity toolkit. Read more: okt.to/j4pRUF

⚙️Venture's clearest path to liquidity may be companies solving infrastructure bottlenecks. MEXT's acquisition by AMD highlights growing demand for technologies addressing memory, compute and capacity constraints across the AI stack. Keep reading: okt.to/GeCDgK

Most companies are experimenting with AI. Few are seeing meaningful returns. PwC found only 12% of CEOs report AI delivering both cost and revenue gains. The challenge may be adoption, not technology. See what VCs and founders are learning: okt.to/bYgCck

The next wave of AI investing may be happening outside the software stack. Base10 Partners has closed on $850m across two new funds targeting AI-driven automation across healthcare, logistics, finance, retail and construction. Read more: okt.to/FrYqGt

The British Business Bank plans to deploy £2bn a year into UK venture and growth funds over the next five years. The strategy targets scale-up funding, emerging managers and greater pension fund participation in venture. See what's changing in UK VC: okt.to/lfgTt0

Align Ventures has raised $84.2m for Fund II, expanding its bets across AI, robotics and consumer brands. The Miami-based firm counts Figure AI, Scout AI and Olipop among its portfolio, with recent exits including xAI, SpaceX and EquipmentShare. More: okt.to/cFxk6E

Women’s healthcare is emerging as a major venture opportunity. Demographic trends, AI-enabled diagnostics, digital health adoption and persistent gaps in care are creating new opportunities across the sector. See why investors are paying attention: okt.to/Zz8iUO

Nature investing needs to move beyond "bees and trees," according to TNFD chair David Craig. The bigger opportunity may be backing the technologies helping industries reduce nature-related risks and scale real-world impact. Explore the discussion: okt.to/U08tcz

AI captured nearly half of all global start-up funding in 2025, according to Crunchbase. More than $200bn flowed into AI across infrastructure, foundation models and applications, reshaping venture capital in the process. Read more: okt.to/P86IzT

Europe’s AI opportunity may be shifting beyond language models. Hoxton Ventures sees physical AI and life sciences AI as the next category battlegrounds where European start-ups can compete globally. Read the article: okt.to/B3JUT9

LP-led secondaries surpassed $100bn in deal volume last year, and many investors are returning to the market again and again. The shift? Secondaries are becoming a strategic portfolio management tool, not just a liquidity solution. Read more: okt.to/eCFGt6

Teamworthy Ventures has raised $59.25m for Fund IV, putting it on track toward a $100m target. The Nashville-based firm backs early-stage companies across fintech, health IT, edtech, marketplaces and more. Read more: okt.to/VmPKdX

APG Asset Management says it is on track to reach its €10bn impact private equity target by 2030. The Dutch pensions giant is broadening its strategy mix and working more closely with GPs to unlock impact investment opportunities. Read more: okt.to/qSo61A

Are investors undervaluing global start-ups? New analysis from Antler found a wide seed-stage valuation gap between US companies and those in emerging markets, creating what the firm sees as a potential valuation arbitrage opportunity. Read more: okt.to/jxhNBz