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

Gap-fill on the September 6 pass: 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. Does not duplicate XDOF/Nscale or merged #135/#136.

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

VCT data record

Funding event facts

Source-backed financing and transaction details. Unknown terms remain undisclosed rather than estimated.

Swish Ventures closes $250M Fund III

Casspi announcement. $250M is the vehicle. About $800M is AUM.

Event type
Fund Close
Event date
Sep 3, 2026
Amount
$250M
Confidence
Company Disclosed

Sources: en.globes.co.il

ServiceNow acquires Sweep (spokesperson-confirmed)

CTech / Geektime. No company release. Geektime sources about $400 million.

Event type
Acquisition
Event date
Sep 3, 2026
Amount
$400M
Confidence
Reported

Company / target: Sweep

Sources: calcalistech.com

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 Sweepno 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/ this pass. 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 this pass. 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 — merged #135 / #136.
  • 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 billionAugust 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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Sources

  1. Globes — Swish Fund III $250M (Sep 3, 2026)
  2. CTech — ServiceNow acquires Sweep (Sep 3, 2026)
  3. Geektime — Sweep ~$400M sources
  4. Tech.eu — AI Score $5.4M (Sep 4, 2026)
  5. EU-Startups — iPremom €15M (Sep 2, 2026)
  6. TechCrunch — Adobe acquires Rilo (Sep 2, 2026)
  7. EU-Startups — Tensive €20M EIB loan (Sep 3, 2026)

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September 2026 VC News: Nvidia–Hugging Face $12.93B Agreed, Nscale $3.5B Ask

Through September 7: Nvidia agreed to acquire Hugging Face for $12.93 billion (not closed; H1 2027). Nscale is in talks for about $3.5 billion of pre-IPO paper. XDOF is in Series B talks at about $1.2 billion. Swish closed a $250 million Fund III ($800 million is AUM). ServiceNow confirmed it acquired Sweep; about $400 million is Geektime. Nua closed a $50 million Series C that mixes primary and secondary. Wonderful’s $550 million Series C at a $5 billion press mark. YC Summer Demo Day is September 10.

Did ServiceNow Buy Sweep? Spokesperson Yes. $400M Is Still Reported.

A ServiceNow spokesperson confirmed to Geektime and CTech that ServiceNow has acquired Sweep (sweep.io). No company press release. Official terms undisclosed. Geektime sources put the price at about $400 million; CTech wrote hundreds of millions. Insight led the May 2025 $22.5 million Series B; Bessemer returned. Not Sweep the climate company.

September 4–5 VC News: XDOF $1.2B Talks, Nscale $3.5B Pre-IPO Ask

TechCrunch’s September 4 tape: XDOF in late-stage Series B talks at about $1.2 billion (8VC; amount unknown) and Nscale shopping about $3.5 billion of pre-IPO paper ($1.5 billion converts plus $2 billion Nvidia). Neither is a company close. Does not duplicate open PRs #135 or #136.