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Battery Ventures raises $3.25bn fund to invest in global tech and AI

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Battery Ventures raises $3.25bn fund to invest in global tech and AI

Battery Ventures has raised $3.25bn in fresh capital to invest in technology companies worldwide, as it doubles down on artificial intelligence and enterprise software opportunities.

The new vehicle, Battery Ventures XV, was oversubscribed and closed in a single round, marking one of the largest recent fundraisings in the tech-focused private equity and venture capital market.

The Boston- and San Francisco-headquartered firm said the fund will back businesses across the US, Europe and Israel, investing from seed and early-stage rounds through to growth equity and buyouts.

The raise follows a year of strong exits, with Battery announcing 15 exit events in 2025. Over the past five years, its funds have generated more than $10bn in liquidity, reflecting what the firm describes as its stage-diversified strategy.

Michael Brown, general partner at Battery, said the current technology cycle is being reshaped by AI. “AI is ushering in one of the most consequential eras in the history of technology,” he said. “We believe our global reach and long-standing focus on software and enterprise tech position us well to capitalise on this opportunity.”

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Battery plans to invest the new capital across application software, infrastructure software, including data, AI, developer tools and cybersecurity, as well as industrial technology and life-science tools.

The firm operates from offices in Boston, San Francisco, Menlo Park, New York, London and Tel Aviv, with a collaborative research-led investment model spanning venture and buyout markets.

Jesse Feldman, a general partner leading Battery’s industrial tech and life-science tools practice, said the firm sees continued potential across both US and European markets. “We are highly selective investors focused on driving meaningful value in exceptional businesses,” he said, adding that capital would be deployed to support research and development, sales expansion and targeted acquisitions.

Battery has invested in more than 530 companies globally since inception, resulting in 73 IPOs and over 225 mergers and acquisitions. The firm has been active in Europe since 2005, completing more than 150 transactions across the UK and 12 other European countries.

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Late last year, Battery moved into a new London office to anchor its European operations, signalling a long-term commitment to the region’s technology ecosystem.

The firm has also strengthened its leadership team, promoting Marcus Ryu, co-founder and former chief executive of Guidewire Software, to general partner, alongside internal promotions and the addition of Barak Schoster as partner in Tel Aviv.

With AI investment accelerating globally and competition intensifying among venture firms, Battery’s latest fund positions it to compete aggressively across both early-stage innovation and larger-scale technology buyouts in what it describes as a defining moment for the sector.


Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

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India makes first Iranian oil buy in seven years with no payment problems

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India makes first Iranian oil buy in seven years with no payment problems


India makes first Iranian oil buy in seven years with no payment problems

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Oil Sets The Price, Crypto Waits For The Signal

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Oil Sets The Price, Crypto Waits For The Signal

Oil Sets The Price, Crypto Waits For The Signal

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Midcap mayhem! 10 stocks that plunged up to 29% in March. How many do you own?

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The Economic Times

Midcap stocks saw sharp declines in March as rising crude prices, geopolitical tensions and continued FII outflows dragged markets lower, with the Nifty falling over 11%. This list highlights 10 worst-performing midcaps, with losses of up to 29%, reflecting broad-based selling pressure across sectors during a volatile period.

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Market Brief: Silver’s Physical Tightness Is A Bullish Signal

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Market Brief: Silver's Physical Tightness Is A Bullish Signal

Silver bars 1000 grams pure Silver,business investment and wealth concept.wealth of Silver,3d rendering

Oselote/iStock via Getty Images

COMEX (US) silver’s registered inventory has fallen to 13-14% coverage of outstanding open interest, while March 2026 delivery was unusually high and SHFE (Shanghai) futures now trade at a 12% premium to COMEX, together signaling extreme tightness that creates upside pressure on silver

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FX markets muted as traders watch Iran war updates, wait for jobs data

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FX markets muted as traders watch Iran war updates, wait for jobs data

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INNOVATE Stock Q4: MediBeacon Sale Could Be Only Saving Grace, Downgrade To Sell (VATE)

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INNOVATE Stock Q4: MediBeacon Sale Could Be Only Saving Grace, Downgrade To Sell (VATE)

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A freight forwarding professional with over 20 years in the industry, I am an enthusiastic market participant with a flair for picking gems from the general rubble. My industry experience has given me insights into human behavior, investment psychology, and the need to make money work for you instead of against you. My ideas on investing are often contrarian, and the level of due diligence I apply to each of my research projects give my audience the right information at the right time.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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NBA Investigating Bucks After Giannis Antetokounmpo Insists He’s Healthy and Ready to Play

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Cooper Flagg

The NBA has launched an investigation into the Milwaukee Bucks for their handling of superstar Giannis Antetokounmpo’s injury status and potential violations of the league’s player participation policy, after the two-time MVP publicly stated he is healthy and wants to play while the team continues to hold him out.

Milwaukee Bucks star forward Giannis Antetokounmpo goes up for a shot past Phoenix's Deandre Ayton in Tuesday's sixth game of the NBA Finals, in which the Greek star scored 50 points to power the Bucks over the Suns to win their first title since 1971

ESPN’s Shams Charania reported Friday that the league is examining inconsistent statements regarding Antetokounmpo’s health. The Bucks have listed the 31-year-old forward as out for the past 10 games with a left knee hyperextension and bone bruise suffered March 15 against the Indiana Pacers. Antetokounmpo, however, has told investigators he is ready to return and the team will not medically clear him, sources said.

Antetokounmpo addressed the situation directly before Friday’s game against the Boston Celtics, expressing frustration and questioning his relationship with the organization. “You know who you are dealing with,” he told reporters. He added that he has never seen a player of his caliber publicly state he wants to play while being sidelined, and welcomed the NBA’s probe. “There should be” an investigation, he said, according to multiple accounts.

The conflict comes as the Bucks, already eliminated from playoff contention and headed for their first missed postseason since 2016, sit near the bottom of the Eastern Conference. Antetokounmpo has appeared in only 36 games this season due to multiple injuries, including a lengthy calf issue earlier in the year.

The National Basketball Players Association previously criticized the Bucks in late March, asserting that Antetokounmpo is healthy and ready to play. The union suggested the team might be engaging in tanking to improve lottery odds, stating the player participation policy exists to ensure stars like Antetokounmpo are on the court when able. “Anti-tanking policies are only as effective as their enforcement,” the NBPA said.

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Bucks coach Doc Rivers had maintained that Antetokounmpo is “progressing” but “just not healthy,” pushing back against the union’s claims in late March. Team officials have told league investigators they do not believe he is ready and that he actually wants to play, creating the conflicting narratives now under review.

The NBA has interviewed Antetokounmpo’s representatives, the Bucks and team doctors as part of the probe, sources told Charania and The Athletic. The investigation focuses on whether the franchise violated rules requiring teams to make healthy players available, particularly as the season winds down with no playoff implications.

Antetokounmpo’s public comments Friday marked a notable escalation. He described the situation as feeling like “a slap in the face” and suggested uncertainty about the future of his relationship with the Bucks. “I just don’t want to be part of it,” he said in one account, raising questions about his long-term commitment to the franchise amid ongoing injury concerns and the team’s direction.

The Greek Freak has averaged 27.6 points, 9.8 rebounds and 5.4 assists in his limited action this season while shooting a career-high 62.4% from the field. His absence has contributed to Milwaukee’s struggles, though the team has leaned on other veterans in recent games.

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League rules prohibit teams from resting healthy players for non-injury reasons, especially in the context of the new collective bargaining agreement’s emphasis on player availability. Similar investigations have targeted other franchises in recent years over load management and tanking concerns.

The Bucks have not issued a detailed public response to the latest reports beyond standard injury updates listing Antetokounmpo as out. The organization has emphasized caution with the star’s health after a season marked by multiple lower-body setbacks, including groin, calf and now knee issues.

Antetokounmpo’s desire to play contrasts with the team’s apparent preference to shut him down for the remainder of the regular season, which ends in mid-April. With the Bucks out of contention, some observers speculate the front office prioritizes preserving his long-term health and potentially positioning for a higher draft pick or future roster moves.

The situation has drawn widespread attention across the NBA. Fans, analysts and former players have weighed in on social media, with many expressing surprise at the public rift between a franchise cornerstone and his team. Antetokounmpo signed a contract extension in recent years and has been the face of the Bucks since being drafted in 2013, leading them to the 2021 NBA championship.

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The timing of the investigation adds pressure as the league office seeks to enforce participation rules uniformly. Outcomes of similar probes in the past have included fines, though more severe penalties are rare unless clear violations are proven.

As of Saturday, April 4, Antetokounmpo remained sidelined for upcoming games, with no updated timetable for his return. The NBA has not commented publicly on the investigation’s progress or potential timeline for resolution.

The episode highlights broader tensions in the modern NBA between player health, competitive integrity and strategic decision-making in a 82-game season. Stars often battle through injuries, but teams increasingly err on the side of caution, sometimes creating friction when a player feels ready.

For the Bucks, the drama unfolds against a backdrop of a disappointing season and questions about the roster’s future direction. Whether Antetokounmpo returns before the season ends — or at all — remains uncertain amid the ongoing probe.

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The Greek Freak’s comments Friday suggested he is eager to contribute while he can, emphasizing his competitive drive even in a lost season. “I want to f—ing play,” he said, underscoring the disconnect with the team’s medical and organizational stance.

League officials are expected to continue gathering information in the coming days. Any findings could influence not only the Bucks but also set precedents for how teams manage star players down the stretch of disappointing campaigns.

Antetokounmpo has not elaborated further since his pregame remarks, focusing instead on his personal preparation. The situation adds another layer of uncertainty to what has already been a challenging year for the franchise and its franchise player.

As the regular season concludes, all eyes remain on Milwaukee to see how the investigation unfolds and whether Antetokounmpo makes a late appearance. For now, the public disagreement and league scrutiny have thrust the Bucks into the spotlight for reasons far removed from on-court performance.

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IMF backs gradual BOJ rate hikes as Iran war and weak Yen fuel inflation risks

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IMF backs gradual BOJ rate hikes as Iran war and weak Yen fuel inflation risks

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UK charges three men with arson over attack on Jewish community ambulances

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UK charges three men with arson over attack on Jewish community ambulances


UK charges three men with arson over attack on Jewish community ambulances

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Silver drags commodity ETFs down up to 15% in March. What next for investors?

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The Economic Times

Commodity ETFs declined up to 15% in March, led by sharp losses in silver ETFs amid rising oil prices, geopolitical tensions and tightening liquidity. Gold ETFs also fell as stronger dollar dynamics weighed on prices. The outlook now hinges on inflation trends, liquidity conditions and central bank actions globally.

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