July 2025 Growth Equity Close: Glade Brook Raises $515M Fund IV
Greenwich and Miami-based Glade Brook Capital closed Strategic Growth Fund IV at $515 million on July 22, 2025, targeting FinTech, AI, SpaceTech, and DefenseTech growth equity.
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NYC VC Fund Launch: Betaworks Closes $66M Fund III for Early-Stage AI
New York City-based Betaworks announced the $66M close of Fund III on July 22, 2025, continuing its legacy of backing creative technologists building AI-native products.
July 2025 VC Fund Close: Modi Ventures Closes $88M Fund II for Tech-Bio Convergence
Houston-based Modi Ventures closed its oversubscribed second fund at $88 million on July 16, 2025, investing at the intersection of AI, biology, and medical technology.
Emerging Manager Spotlight: Verified Capital Closes $175M Debut Fund With Founder LP Network
Former Coatue partner Kris Fredrickson closed Verified Capital Fund I at $175M in July 2025 — a concentrated 8–10 bet strategy backed by Harvey AI, Coinbase, and Instacart founders.
NYC VC Fund Launch: Quartus Capital Closes $50M+ AI Fund for Growth-Stage Tech
New York-based Quartus Capital Partners closed its Quartus AI Fund LP at $50M+ on July 14, 2025, deploying into growth-stage AI ventures across healthcare, education, and logistics.
July 2025 Fintech VC Close: Propel Venture Partners Closes $100M Fund V
San Francisco-based Propel Venture Partners closed Fund V at $100 million on July 11, 2025, bringing total commitments to $436M+ for fintech infrastructure seed investing.