Fund Momentum - Fresh Funds Ready to Deploy #11
Welcome to the eleventh edition of my bi-weekly newsletter, where I bring you the latest on newly raised funds (VC & PE) that are ready to deploy capital.
Michael Schneider is a serial founder, operator, and startup advisor. As a seasoned mentor, he launched his own fundraising consultancy, "Seedraisr.” Through his expertise and network, he primarily supports early stage startup founders during their funding rounds, and emerging VC fund managers. He closely follows developments in the venture capital market and provides these insights in his biweekly newsletter.
Today’s edition features the newest funds raised mostly in late Mar. 2025, including a total of 29 VC & PE funds.
Here’s what you’ll find about each fund:
Fund Name
Fund Size
Location
Industry Focus
Investment Stage
Website
Fund Managers with LinkedIn Profiles
So, without further ado, here are the first 10 of the freshest funds primed for investment (in no particular order):
Susa Ventures V I $175 million I US I Sector-agnostic with a primary focus on software, particularly AI I Pre-seed and seed-stage I susa.ventures I Partner: Chad Byers, Leo Polovets
Plug & Play and EA Ventures Fund I €20 million I ESP I Seed-stage startups based in Spain or founded by Spanish entrepreneurs globally, focusing on AI applications in enterprise solutions, fintech, sustainability, mobility, and e-commerce I Seed-stage I Managing Director of Plug & Play Southern Europe: Borja Aznar, CEO of EA Group: Erik Aubakirov I Principal Plug & Play: Luis Llorens Gonzalez
Cendana 6 I $400 million I US I Very early-stage venture capital funds (sub-$100M pre-seed and seed funds) I Fund of funds, focusing on pre-seed and seed-stage venture capital funds I cendanacapital.com I Founder: Michael Kim, Partner: Kelli (Trent) Fontaine
Recursive Ventures III I $30 million I US I Pre-seed and seed-stage tech startups leveraging data and AI to disrupt industries, primarily in the US and Israel I Pre-seed and seed-stage I recursiveventures.com I Solo GP: Itamar Novick
Daphni Blue III. I €200 million (first close, aiming for €250 million) I FRA I Science-based startups focused on climate transition and sustainability, including life sciences, biology, physics, chemistry, and mathematics I Early-stage (seed and Series A) I daphni.com I Co-Founder & Partner: Pierre-Eric Leibovici, Pierre-Yves Meerschman
Motion Ventures Fund II I $100 million I SIG I Maritime technology, focusing on digitalization and decarbonization of the global maritime supply chain I Early-stage (seed to Series A) I motion.vc I Founder and General Partner: Shaun Hon
Adara Ventures AV4 I €100 million (target) - first close n/a I LUX I Early-stage deep tech, focusing on cybersecurity, applied AI, digital infrastructure, hardware components, digital health, and space I Early-stage I adara.vc I Founding Partner: Nico Goulet, Alberto Gómez
Maven 11 Fund III I $107 million I NED I Early-stage crypto investments focusing on consumer applications, infrastructure, and emerging areas like the AI-crypto intersection I Pre-seed, Seed, and Series A I maven11.com I Chief Investment Officer and Managing Partner: Balder Bomans, Managing & General Partner: Joost van der Plas
Dream Fund II. I $32.5M (first close) I US I Technology and Consumer Products, with specific interests in sectors like Retail, Software, E-commerce, HR Tech, Health Tech, and Privacy Tech I Early Stage I dreamventures.com I Founding & General Partner: Richard Blankenship
2AM VC Fund II I $25 million I US/IND I Consumer tech, fintech, food and beverage, AI, and global SaaS I Pre-seed to seed-stage I 2amvc.com I Co-Founder & General Partner: Hershel Mehta, Brendan Rogers
Content Corner:
Napster Acquired for $207M - LI Posting of the CEO.
Europe’s Deep Tech Report 2025 - LI Posting of Lakestar VC Lukas Leitner
Stealth Momentum: New Funds in the Making or Under the Radar - presented by Specter:
Nicolas Essayan - Comes out of Stealth and announces a New Fund: Drysdale Ventures as "Founder" - Specter Score 8/10.
Badrul Farooqi - Comes out of Stealth and announces a New Fund: Cursor Capital as "Founder and General Partner" - Specter Score 7/10.
Christian Thatcher - Comes out of Stealth and announces a New Fund: Hexagon as "Co-Founder & Managing Partner" - Specter Score 7/10.
Moran Leshem Bar - Left Picus Capital and started a New Fund in Stealth - Specter Score 7/10.
Access 19 more fresh funds in this edition and 387 in total since Sept. 2024. Become a paid subscriber or supporter and be ahead of the others when it comes to investing, fundraising, or breaking into VC/PE.