New VC Funds May–June 2026: Where LPs Are Placing Their Next Bets
From Gigascale's $250M climate fund to Merantix's €103M AI vehicle and MENA/Africa first closes, May–June 2026 fund launches reveal LP conviction in deeptech and emerging markets.
Beyond fund closes, venture capital fund news covers the strategic moves that reshape how firms invest — new partners, thesis pivots, portfolio exits, and cross-fund initiatives. Stay informed on the firms and leaders driving startup capital allocation.
Browse venture capital fund news below.
From Gigascale's $250M climate fund to Merantix's €103M AI vehicle and MENA/Africa first closes, May–June 2026 fund launches reveal LP conviction in deeptech and emerging markets.
Star51 Capital announced the first close of its medtech fund in June 2026, led by Abbott and Mayo Clinic — a strategic-anchored vehicle bridging innovation and acquisition.
Creator Fund closed $56M in June 2026 to back Europe's scientific and technical founders at the earliest stages — capital aimed at deeptech at the source.
Pitchdrive raised €60M in June 2026 to back Europe's AI-native founders at the earliest stages, joining a wave of new European deeptech funds.
Anara Impact Capital announced a $48M first close in June 2026, anchored by KfW and the European Commission, to back seed and Series A startups across MENA.
3IF Ventures reached a $12M first close in June 2026, co-anchored by FSD Africa and ZEP-RE, to scale technology-enabled insurance across Africa.