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J.P. Morgan Growth Equity Partners Closes Inaugural Growth Fund with over $1 Billion in Commitments
J.P. Morgan Growth Equity Partners (GEP) today announced the final close of its inaugural Growth Equity Fund (“Fund”), with over $1 billion in aggregate capital commitments raised from a broad set of institutions, family offices and individual investors across the Americas, Europe and Asia as well as J.P. Morgan.
Growth Equity Partners leverages J.P. Morgan’s global franchise to invest in companies ranging from Series B to pre-IPO stage across software, fintech, real estate and consumer technology sectors. The Fund has more than 80% of its capital commitments available to deploy in new investment opportunities and to help existing portfolio companies scale.
“We are pleased to have raised in excess of $1 billion for our inaugural fund, particularly in a challenging market environment where only two venture funds over $1 billion were raised last quarter1,” said Christopher Dawe, Managing Partner of the Fund. “J.P. Morgan Growth Equity Partners is well positioned to take advantage of the attractive investment opportunities in the current environment.”
“The team remains committed to identifying the next generation of category defining companies. Our goal is simple. We seek to partner with exceptional founders and bring the firm’s resources behind us to help build enduring companies,” added Dawe.
Since launching the Fund, GEP has invested in Plaid, Airtable, Codat and Thoropass (previously Laika), where the team has taken a hands-on approach and utilized JPMorgan Chase’s insights, data capabilities and global network.
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Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools that run enterprise operations today, announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders and executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families.
Astrada Raises Seed Round to Build the Data Layer for Autonomous Finance
Astrada, the data layer for autonomous finance, today announced the close of its $3.8 million seed funding round. The round was led by Bain Capital Ventures, QED Investors, and Nyca Partners, with a strategic investment from Mastercard and follow-on participation from existing investor Visa.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
Rogo Raises $160M Series D to Scale the Agentic Platform for Finance
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Ebury, Santander’s International Payments Fintech, Secures C.£550 Million to Accelerate Growth and Global Expansion
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Performativ Raises $14m Series A Led by Large European Financial Infrastructure Provider
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Tenzo Secures $5m Series A Extension to Scale Real-time Data and AI for Hospitality Operators
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Allvue and RSM Launch Industry-first Agentic AI Operating Model for Capital Calls
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Batsheva Moshe Has Been Appointed GM Israel Market & EMEA Tech at Kaltura
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Sustainable Innovation and the Commercialisation of Stablecoins
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