· Investment Strategies · 7 sources · Updated · Verified

September 5–6 VC News: Swish $250M Fund III, ServiceNow–Sweep Reported

Swish Ventures closed Fund III at $250 million (September 3; $800 million is AUM). ServiceNow confirmed it acquired Sweep with no release; about $400 million is Geektime. Roundup-only: AI Score $5.4 million, iPremom €15 million, Adobe–Rilo, Tensive €20 million EIB loan.

By Venture Capital Tracker

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September 5–6 VC News: Swish $250M Fund III, ServiceNow–Sweep Reported

September 6 gap-fill of two September 3 items the XDOF / Nscale tape did not own. Swish Ventures closed Fund III at $250 million (~$800 million is AUM). ServiceNow confirmed it acquired Sweep — no release; about $400 million is Geektime. Dated snapshot through September 6; not a live deal feed.

Deep dives

EntityAmountTypeWhat is actually knownFollow-up
Swish Ventures$250MFund III closeCasspi / Globes / JPost. $800M = AUM. Named overlap: Cognition, Wonderful, Upwind.Swish memo
Sweep$400M reportedAcquisitionSpokesperson to CTech / Geektime. No release. Insight / Bessemer historical.Sweep memo

Briefs (same window)

AI Score — $5.4M seed (Fuel Ventures)

London AI-governance company. Tech.eu, September 4: $5.4 million seed led by Fuel Ventures, GALLOS returning; follows a $1 million November 2025 pre-seed. No valuation. Too small for a standalone here; no /startup/ page yet. No /fund/ for Fuel or GALLOS.

iPremom — €15M seed (Amadeus)

Valencia molecular diagnostics. EU-Startups, September 2: €15 million seed led by Amadeus Capital Partners; Asabys and APEX in. MaiRa cfRNA first-trimester risk. No valuation. No entity page yet. No /fund/ for Amadeus, Asabys, or APEX.

Adobe × Rilo — team / IP, terms undisclosed

TechCrunch, September 2: Adobe confirmed a licensing and team deal for India marketing-intelligence startup Rilo. No price. Prior: $1 million at $10 million from PeakXV, DeVC, Day Zero. Six-person team. Missed on the September 2 indexes. Off-thesis size.

Tensive — €20M EIB convertible loan

Milan medtech. EU-Startups, September 3: €20 million EIB convertible loan (two tranches, 20-year maturity) under InvestEU — half of a €40 million plan. Not equity.

Explicitly not this index

  • XDOF / Nscale talks — September 4–5 index.
  • Crusoe, Gimlet, Upwind’s round, Ultrahuman, Guardio, HiBob, Atira, Hivebotics, Octave.energy — September 2–3 Wonderful/Console index and September 4–5 industrial index.
  • Nexeon £100 million — National Wealth Fund August 31. Aggregator dates are not a new close.
  • Netris $15 million a16z — June 25. Recap sites dated September 6 are reprints.
  • Etched $700 million / $21 billion — August 18. Already on /2026-etched-700m-21b-jane-street.
  • CVC Secondary $10 billion SOF VI — PE secondaries; no CVC /fund/ page.

Related: September hub · September 4–5 · September 6–7 Nua · Console.

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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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