Accelerating the creation of a sustainable future

Voyager invests in early-stage climate technology companies creating the foundation of a decarbonized global economy and a livable future for all.

The Decade of Decarbonization

image

The global carbon transition is underway.

Many billion-dollar climate technology companies will be founded this decade, creating new markets and swiftly overtaking incumbents across the modern economic system. A generation of climate-motivated founders is leveraging the technological opportunity enabled by years of foundational research and development in materials science and energy alongside breakthroughs in computing, sensing, and biotechnology.

Defined by superior product performance, competitive unit economics, and growing demand from businesses, consumers, and governments worldwide, these new technology companies are reshaping the foundation of the global economy.

This is a market opportunity worth trillions.

Technology for a Resilient Future

Voyager invests in technology companies creating the future of mobility, energy, materials, food, the built environment, analytics, industrial systems, and carbon removal.

Aepnus

Low-carbon chemicals production, starting with battery supply chains.

Andes

Microbes to replace synthetic fertilizer and sequester carbon in soils.

ANNEA

Predictive maintenance and optimization analytics for renewable assets.

Anthro

Ultra-dense, safe, flexible batteries to enable ubiquitous energy storage.

Atlas Materials

Carbon-negative nickel production.

CarbonChain

Carbon traceability software for commodities, manufacturing, and industrial supply chains.

Channing St. Copper Co.

Energy storage equipped appliances.

ElectricFish

Portable energy storage for ultra-fast EV charging.

Ento Labs

AI to eliminate energy waste in buildings.

InRange

The marketplace for local, low-carbon electricity.

Intensivate

Ultra-efficient computing chips.

Lydian

Carbon-neutral fuels and chemicals.

Mitti Labs

Methane reduction throughout agricultural supply chains.

Powerline

Transforming EVs into mobile power plants.

Remora

Carbon capture for trucking fleets.

SnoFox

Digital twin for cold chain facilities.

Stealth

Real meat without the slaughter.

Feathers from a bird in australia

Voyager Press

Meet the team.

To Voyager, we bring 28 years of collective experience in climate stabilization. We have founded and built climate technology companies valued at nearly $2B and crafted climate policy at the International Energy Agency and Obama White House Office of Energy and Climate Change. Since 2015, we have individually invested in more than 25 climate technology companies. ‍ This is our lives' work.

We are hiring for new roles at Voyager.

member-image

To Voyager, Leo brings two decades of climate tech experience across consulting, startups, research, and policy. Leo joined Voyager from Global Founders Capital, where he was the Partner responsible for GFC's global climate and deep tech investing. Prior to GFC, Leo drove sustainable investing and energy transition strategy engagements at McKinsey and led product innovation at advanced desalination startup, Sandymount. Leo earned his PhD in Mechanical Engineering from MIT as an NSF Fellow focused on low-carbon desalination. He began his career as a scientist at two National Labs and researcher at the Department of Energy's office of Energy Efficiency and Renewable Energy. ‍

A graduate of MIT and UNLV, Leo lives in San Francisco with his wife and two children.

Perspectives

member-image

Nare brings more than a decade of experience in decarbonization to Voyager. She joined Voyager from the management consulting firm Simon-Kucher, where she led teams developing go-to-market strategies for software and technology companies.

Nare is a graduate of UC Berkeley in Chemistry and earned her PhD in Chemical Physics from Harvard, where she researched metal-based nanomaterials for decarbonization of the chemical production industry. She lives in San Francisco.

We are hiring for new roles on our team.

Glaciers from the Arctic in 2018

Urgency and Opportunity

We recognize the stakes in stabilizing the climate and arresting mass extinction within our lifetimes. We are deeply alarmed by biodiversity loss as major natural systems hurtle towards tipping points - from the Amazon to the Arctic. And we recognize the power of markets and technology to swiftly shift our course at a global scale.

We are motivated by urgency and opportunity. Join us.

Dendrites

  • Google Maps
  • News & Press
  • NextUnicorn

Voyager Capital aims to raise $100M for its sixth fund to support Pacific Northwest B2B startups.

  • September 25, 2023
  • General , Startup
  • No Comments

voyager capital fund

Voyager Capital is in the process of securing funds for yet another investment fund aimed at supporting early-stage business-to-business startups situated in the Pacific Northwest.

This latest development comes to light through a recently filed document with the SEC, marking this as Voyager’s sixth fund since its inception 25 years ago.

Diane Fraiman, the Managing Director at Voyager, confirmed this news following an inquiry from GeekWire. The goal for this sixth fund is to amass $100 million, with a “hard cap” set at $125 million, according to Fraiman.

Notably, Voyager had previously raised $100 million for its fifth fund back in 2019, following an earlier $50 million fund in 2013.

Established in 1997, Voyager has provided support to over 75 companies within the Pacific Northwest, accumulating assets under management exceeding $520 million.

With offices in Seattle and Portland, Voyager concentrates its investments in startups hailing from Washington, Oregon, British Columbia, and Alberta. These startups primarily focus on developing software-as-a-service, cloud infrastructure, artificial intelligence, and machine learning-related products and services.

Some of the companies currently within Voyager’s portfolio include Carbon Robotics, Treasury4, WellSaid Labs, Hiya, Syndio, among others. Notable exits include Zipwhip, acquired by Twilio in 2021, and Yapta, acquired by Coupa Software in 2020.

The venture capital landscape has faced challenges recently due to higher interest rates and a tech market slowdown. PitchBook reported a total of $33.3 billion raised across 233 venture funds in the first half of the year, compared to over $167 billion raised in 2022.

During a panel discussion in downtown Seattle earlier this summer, Bill McAleer, Managing Director at Voyager Capital, offered insights into factors he believes will rejuvenate the venture capital market. These factors include tech professionals laid off from larger companies seeking opportunities in startups, the revaluation of early-stage companies offering advantages to venture capitalists, and the growing adoption of generative AI, with McAleer predicting that the AI tools market will soon rival or even surpass the impact of cloud technology.

Several other Pacific Northwest firms have also announced new funds this year, including PSL Ventures, Ascend, Madrona Venture Labs, and AI2.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Y Combinator’s Garry Tan Backs AI Rules, Warns of Monopolies
  • Fintech lender SoLo Funds faces another lawsuit from the government regarding its lending practices.
  • Why Microsoft Continues to Lead Google in the Battle for AI Developers
  • Triomics secures $15M in Series A funding to streamline cancer trial participant matching.
  • Fintech disputes have led TabaPay to abandon its purchase of bankrupt Synapse.

From Media Partner

  • Funding Rounds
  • Inside Stories
  • Market Research
  • Mergers & Acquisitions

Exclusive: Databricks is expanding the scope of its AI investments with second VC fund

Ali Ghodsi, Databricks CEO.

When Andrew Ferguson launched Databricks’ corporate venture arm three years ago, he wasn’t expecting to be writing checks quite this fast.

Databricks Ventures has backed 25 companies already. In 2023, the fund closed an investment every month, on average, Ferguson tells Term Sheet.

Of course, Ferguson also wasn’t anticipating the frenzied rush of new entrants and new companies into the AI sector as soon as GPT hit the market at the end of 2022—nor the soaring valuations that LLM competitors would notch so shortly after. Databricks, for its part, introduced its own open-source large language model earlier this year, called DBRX. And it started making investments into other models (Mistral AI for one), and in companies that make use of multiple models, like Perplexity AI, this past fall.

Now Ferguson wants to formalize Databricks Ventures’s investment strategy accordingly. Its initial fund, launched in 2021, was squarely focused on companies that worked with the Databricks “Lakehouse” architecture —which removes traditional data silos and allows teams to pull from a single data source. Databricks’ new venture capital fund, which officially launches today , will focus on a broader subset of companies that are sitting on top or working along with the Databricks Data Intelligence Platform, which DBRX was built on top of. 

Databricks’ second VC fund isn’t a specific size. The fund invests off the corporate balance sheet on a deal-by-deal basis (Databricks declined to disclose how much capital the company has invested in the 25 startups it has backed). There’s no specific deployment period, and Databricks CEO Ali Ghodsi signs off on every investment. So when Databricks says it is launching a “second fund,” you can think of it more as the company debuting a new thematic strategy. Like many corporate VCs, Databricks is on the hunt for strategic partnerships and ways to improve its customers’ product experience, rather than just a financial return. And it naturally will end up striking an M&A deal or two for portfolio companies that end up fitting into the company’s broader strategy, though that’s not the purpose of the fund, according to Ferguson. (Databricks ended up acquiring Arcion, a data ingestion company that Databricks invested in back in 2022, for example)

This strategic approach makes Ferguson a bit more comfortable coming in at some of the soaring valuations currently garnered by AI startups with comparatively slim revenue—valuations that Ferguson says make him “uncomfortable and nervous” and that he acknowledges “don’t pencil out,” at least for now. 

Because these startups will be adding value to pre-existing Databricks customers, or incentivizing new users to use Databricks, there’s other financial value in it for Databricks versus just a big IPO or M&A exit. “That’s valuable in a different way than when you have to think about the financial valuation at the time of our investment,” Ferguson says. 

Databricks tends to come in at the Series A or Series B stages, when a company already has a product in the market. And it doesn’t ever lead deals, instead following on in rounds led by VCs, including some of its own investors such as Andreessen Horowitz or NEA, versus the other way around. Ferguson says that investors like to bring him into a round because of how Databricks can help with due diligence, given that they have either worked directly with some of the companies already or have direct access to their customer base to ask for feedback. 

That came into play with Databricks’ investment into Unstructured. “We were able to validate the quality of the product offering by talking to our own customers,” Ferguson says. Alternatively, he also has passed on deals because Databricks employees didn’t personally have a good experience working with a company, or got “mixed feedback” from one of their customers. 

In a nascent and rapidly evolving ecosystem of AI providers, Ferguson wants to have a finger on the pulse of the latest trends; he needs to ensure that Databricks can help create the ecosystem itself, and partner with the companies who are on the front end of sectors that “aren’t even top of mind yet, because the industry is moving so quickly.”

“The use cases keep changing. The development patterns for AI keep changing. And so we want to make sure that venture is a lever we can use to help create the ecosystem of partners that our customers need,” Ferguson says.

Allie helped report this story last week, and I wrote this essay en route from her wedding in Malibu this weekend. I can confirm that vows were exchanged, that two former Term Sheet writers were in attendance, and that I’ve never seen her happier. Mazel Tov, Allie! And I hope you enjoy hearing from some of our other reporters on staff (including me!) while she’s honeymooning.

See you tomorrow,

Jessica Mathews Twitter: @jessicakmathews Email: [email protected] Submit a deal for the Term Sheet newsletter here .

Joe Abrams curated the deals section of today’s newsletter.

VENTURE DEALS

- Alicorn Venture Partners agreed to acquire Glassbox , a London, U.K.-based customer intelligence platform, for approximately $150 million. 

- KETOS , a Milpitas, Calif. and New Braunfels, Texas-based developer of technology designed to measure, manage, and forecast water quality and efficiency for industrial, agricultural, and municipal applications, raised $10 million in funding. Tenfore Holdings led the round and was joined by Danu Venture Group .

- Overland AI , a Seattle, Wash.-based developer of autonomous off-road mobility technology for vehicles used in the defense sector, raised $10 million in seed funding. Point72 Ventures led the round and was joined by Shasta Ventures , Ascend VC , Pioneer Square Labs , Voyager Capital , and Cubit Capital .

- Teal , a developer of accounting infrastructure for vertical SaaS businesses, or businesses that develop software for a specific industry, raised $8 million in seed funding. Torch Capital led the round and was joined by Basis Set Ventures , General Advance , Dash Fund , and angel investors. 

- Tenon , an Indianapolis, Ind.-based work management platform for marketing teams, raised $8 million in Series A funding. High Alpha and StepStone Group led the round and was joined by ServiceNow Ventures . 

- Limula , a Lausanne, Switzerland-based developer of a single device designed for on-demand and at-scale manufacturing of cell therapies, raised $6.8 million in seed funding. LifeX Ventures led the round and was joined by Verve Ventures , Zühlke Ventures , Oxford Seed Fund , and others. 

- 7Analytics , a Bergen, Norway-based developer of AI and machine learning models designed to predict floods and landslides, raised €4 million ($4.3 million) in funding from Scale Capital . 

- Haz , a London, U.K.-based app designed to show users the products that their friends own and notify them when their friends buy or sell anything online, raised $1.4 million in pre-seed funding. Speedinvest led the round and was joined by a16z , Atomico , Concept Ventures , and others. 

PRIVATE EQUITY

- Centivo , backed by HarbourVest Partners , acquired Eden Health , a New York City-based medical care platform for employees. Financial terms were not disclosed. 

- Heartland Paving Partners , backed by Soundcore , acquired Klekamp & Company , a Cincinnati, Ohio-based paving contractor. Financial terms were not disclosed. 

- Juniper Landscaping , a portfolio company of Bregal Partners , acquired Davis Landscaping , a Harrisburg, Pa. and Raleigh, N.C.-based landscaping maintenance and installation provider. Financial terms were not disclosed. 

- Sports Endeavors , a portfolio company of Seawall Capital , acquired Ewing Sports , a Ewing Township, N.J.-based supplier of customized soccer apparel. Financial terms were not disclosed. 

- CyberArk (NASDAQ: CYBR) agreed to acquire Venafi , a Salt Lake City, Utah-based machine identity management platform, from Thoma Bravo , for $1.5 billion.

- Bumble (NASDAQ: BMBL) agreed to acquire Geneva , a New York City-based platform for meeting people with shared interests. Financial terms were not disclosed. 

FUNDS + FUNDS OF FUNDS

- ETF Partners , a London, U.K.-based venture capital firm, raised €285 million ($310 million) for its fourth fund focused on companies with a positive environmental impact.

- GV (Google Ventures) , a San Francisco-based venture capital firm, hired Elena Sakach as an investment partner. Formerly, she was with Coatue .

- Pillar VC , a Boston, Mass.-based venture capital firm, hired Liz Kettler as chief financial officer. Formerly, she was with OpenView . 

Latest in Newsletters

Elon Musk in profile surrounded by reporters while visiting Indonesia.

Elon Musk’s $6 billion xAI fundraise shows he’s serious about building an AI contender—which is why we should get serious about AI regulation

Google CEO Sundar Pichai and Apple CEO Tim Cook look on as India's Prime Minister Narendra Modi speaks during a meeting with senior officials and CEOs of American and Indian companies, in the East Room the White House in Washington, DC, on June 23, 2023.

Big Tech’s lobbyists sound alarm over Indian antitrust reform

Former U.S. President Donald Trump speaks at a campaign rally in New York City.

Trump and the Libertarian case for crypto

Period underwear brand Thinx is growing up after scandals and a big-box acquisition.

Thinx was the edgy brand that made period underwear cool. Now it’s available in big box stores. Did it grow up—or sell out?

Worried LGBTQ+ employee sits at laptop and works.

Workplace discrimination is driving LBGTQI+ employees to quit their jobs. Here’s how companies can step up and support them

Gary Gensler, chair of the SEC.

The SEC’s surprise blessing of Ethereum ETFs is the crypto makeover no one expected

Most popular.

voyager capital fund

Gen Z really are the hardest to work with—even managers of their own generation say they’re difficult. Instead bosses plan to hire more of their millennial counterparts

voyager capital fund

Lina Khan’s noncompete crackdown could leave most doctors and nurses out in the cold

voyager capital fund

The average age of Ukrainian soldiers fighting Russia is 43-45, while the youngest troops remain exempt from front-line combat

voyager capital fund

Amazon, Walmart, and Target finally realize their colossal pricing mistake—now they’re slashing costs to win back customers

voyager capital fund

Jamie Dimon is right. The number of U.S. public companies is plummeting—and that’s bad news for the democratic component of the economy

voyager capital fund

U.S. economic growth will eclipse China’s by 2031, and the transformation Beijing needs for a revival may take ‘several decades, if not longer,’ top demographer says

ClickCease

FUND COMPARISON

Providing investors diversification and reliable cash flow

The above information is not indicative of future performance. All investment is subject to risk, including loss of principal. All investments made are subject to the subject private placement memorandum.

YouTube player

Get in Touch with Us

Open to accredited investors only, accredited investors must meet one of these guidelines:.

  • Net worth exceeding $1 Million, excluding their primary residence
  • Individual annual income over $200,000
  • Joint annual income over $300,000

Due Diligence

Keiretsu Forum , is a global community of accredited private equity investors.  In 2015, Keiretsu performed an extensive due diligence process on Voyager Fund I.  As an outside group of investors, this due diligence team produced a 75-page due diligence report, and following the completion of that report, several members of the team invested with us.  Click here to request a copy of our due diligence report.

Due Diligence Arrow

Small Balance Real Estate Community (SBRE)

SBRE Funds

For nearly 20 years, we have been attracted to very small real estate deals.  That’s why we are a perfect fit in the SBRE family.  Small Balance Real Estate is defined as real estate assets averaging less than $2 Million, a fund size of less than $100 Million, and a fund structure which is highly customized to match the assets being acquired.

SBRE Investment Summits

SRBE Summit Logo

We have been invited to present at all SBRE Summits.

This site provides a very limited summary of LandCentral and Voyager, and is not intended to be a comprehensive overview of our business, inherent risks, or our operations.  We do not provide investment advice. Interested investors must obtain and carefully review our Private Placement Memorandum (PPM) and other related investment documents prior to investing. Any investment made will be subject to the terms, conditions, and disclosures contained in those documents.

Historical performance data represents past performance and does not guarantee future results.  Current and future performance may be different than the data presented.  Securities offered by Voyager involve a high degree of risk and should be considered only by Accredited Investors who can bear the risk of the loss of their entire investment. Our Funds have not been reviewed or approved by United States Securities and Exchange Commission or by any state securities agency.   Investments in our Funds are offered under an exemption from the registration requirements of the Securities Act of 1933 and are not registered with the United States Securities and Exchange Commission or any state securities agency. Investors should not assume that they will be able to liquidate or resell their investment in our Funds, and should be aware that no public market exists for doing so.

  • Performance
  • Fund Comparison

voyager capital fund

Rusmania

  • Yekaterinburg
  • Novosibirsk
  • Vladivostok

Rostov-on-Don

voyager capital fund

  • Tours to Russia
  • Practicalities
  • Russia in Lists
Rusmania • Deep into Russia
  • Rostov Region

Coat of arms

Rostov-on-Don is the largest city in South Russia and the centre of Russia's Southern Federal District. Although officially known as Rostov-on-Don to distinguish it from the ancient city of Rostov , in speech it is usually just called Rostov as the bigger of the two Rostovs (the orginal Rostov is confusingly then often called Rostov-Veliky). Rostov-on-Don is closely associated with the Cossacks and is also referred to as the 'Gateway to the Caucasus'. In 2018 the city served as a FIFA World Cup venue.

Plan your next trip to Russia

Ready-to-book tours.

Your holiday in Russia starts here. Choose and book your tour to Russia.

REQUEST A CUSTOMISED TRIP

Looking for something unique? Create the trip of your dreams with the help of our experts.

  • Election 2024
  • Entertainment
  • Newsletters
  • Photography
  • Personal Finance
  • AP Investigations
  • AP Buyline Personal Finance
  • AP Buyline Shopping
  • Press Releases
  • Israel-Hamas War
  • Russia-Ukraine War
  • Global elections
  • Asia Pacific
  • Latin America
  • Middle East
  • Election Results
  • Delegate Tracker
  • AP & Elections
  • Auto Racing
  • 2024 Paris Olympic Games
  • Movie reviews
  • Book reviews
  • Personal finance
  • Financial Markets
  • Business Highlights
  • Financial wellness
  • Artificial Intelligence
  • Social Media

Funeral held for victims of Russian market attack amid more strikes, as Blinken visits Ukraine

People clear the rubble of a destroyed market after yesterday's rocket attack in the city center of Kostiantynivka, Ukraine, Thursday, Sept. 7, 2023. At least 17 people were killed and 32 wounded in Wednesday’s attack on the market in Kostiantynivka, in Ukraine’s Donestsk region — another grim reminder of the war’s civilian toll. (AP Photo/Evgeniy Maloletka)

People clear the rubble of a destroyed market after yesterday’s rocket attack in the city center of Kostiantynivka, Ukraine, Thursday, Sept. 7, 2023. At least 17 people were killed and 32 wounded in Wednesday’s attack on the market in Kostiantynivka, in Ukraine’s Donestsk region — another grim reminder of the war’s civilian toll. (AP Photo/Evgeniy Maloletka)

People walk past a destroyed market after yesterday’s rocket attack in the city center of Kostiantynivka, Ukraine, Thursday, Sept. 7, 2023. At least 17 people were killed and 32 wounded in Wednesday’s attack on the market in Kostiantynivka, in Ukraine’s Donestsk region — another grim reminder of the war’s civilian toll. (AP Photo/Evgeniy Maloletka)

A person walks past a destroyed market after yesterday’s rocket attack in the city center of Kostiantynivka, Ukraine, Thursday, Sept. 7, 2023. At least 17 people were killed and 32 wounded in Wednesday’s attack on the market in Kostiantynivka, in Ukraine’s Donestsk region — another grim reminder of the war’s civilian toll. (AP Photo/Evgeniy Maloletka)

U.S. Secretary of State Antony Blinken enters a bunker at a State Border Guard of Ukraine Detached Commandant Office of Security and Resource Supply site in the Kyiv Oblast, Ukraine, Thursday, Sept. 7, 2023. Secretary Blinken’s visit is aimed at assessing Ukraine’s 3-month-old counteroffensive and signaling continued U.S. support for the fight. (Brendan Smialowski, Pool Photo via AP)

U.S. Secretary of State Antony Blinken tours a bunker with U.S. Ambassador to Ukraine Bridget Brink and others at a State Border Guard of Ukraine Detached Commandant Office of Security and Resource Supply site in the Kyiv Oblast, Ukraine, Thursday, Sept. 7, 2023. Secretary Blinken’s visit is aimed at assessing Ukraine’s 3-month-old counteroffensive and signaling continued U.S. support for the fight. (Brendan Smialowski, Pool Photo via AP)

U.S. Secretary of State Antony Blinken looks at a damaged vehicle while touring a State Border Guard of Ukraine Detached Commandant Office of Security and Resource Supply site in the Kyiv Oblast, Ukraine, Thursday, Sept. 7, 2023. Secretary Blinken’s visit is aimed at assessing Ukraine’s 3-month-old counteroffensive and signaling continued U.S. support for the fight. (Brendan Smialowski, Pool Photo via AP)

U.S. Secretary of State Antony Blinken leaves a bunker while touring a State Border Guard of Ukraine Detached Commandant Office of Security and Resource Supply site in the Kyiv Oblast, Ukraine, Thursday, Sept. 7, 2023. U.S. Secretary of State Antony Blinken visit is aimed at assessing Ukraine’s 3-month-old counteroffensive and signaling continued U.S. support for the fight. (Brendan Smialowski, Pool Photo via AP)

In this photo provided by the Ukrainian Prosecutor’s Press Office, a war crimes prosecutor inspects the site of a night Russian drone attack on the near-port infrastructure in Izmail, Ukraine, Thursday, Sept. 7, 2023. (Ukrainian Prosecutor Press Office via AP)

An officerf works at the site where the downed Ukrainian drone fell in Rostov-on-Don, Russia, Thursday, Sept. 7, 2023. Two drones were shot down in Rostov-on-Don; one of them fell down in the center of the city, wounding one person and damaging several cars, governor of the Rostov region Vasily Golubev said on Thursday. (AP Photo)

Investigators and emergency employees work at the site of the place where the downed Ukrainian drone fell in Rostov-on-Don, Russia, Thursday, Sept. 7, 2023. Two drones were shot down in Rostov-on-Don; one of them fell down in the center of the city, wounding one person and damaging several cars, governor of the Rostov region Vasily Golubev said on Thursday. (AP Photo)

A member of the State Border Guard of Ukraine waits to show weapons to U.S, Secretary of State Antony Blinken as he tours a State Border Guard of Ukraine Detached Commandant Office of Security and Resource Supply site Thursday, Sept. 7, 2023, in the Kyiv Oblast, Ukraine. (Brendan Smialowski/Pool via AP)

Members of the State Border Guard of Ukraine watch as U.S, Secretary of State Antony Blinken tours a State Border Guard of Ukraine Detached Commandant Office of Security and Resource Supply site Thursday, Sept. 7, 2023, in the Kyiv Oblast, Ukraine. (Brendan Smialowski/Pool via AP)

Damaged windows of the building are seen at the site where the downed Ukrainian drone fell in Rostov-on-Don, Russia, Thursday, Sept. 7, 2023. Two drones were shot down in Rostov-on-Don; one of them fell down in the center of the city, wounding one person and damaging several cars, governor of the Rostov region Vasily Golubev said on Thursday. (AP Photo)

  • Copy Link copied

KOSTIANTYNIVKA, Ukraine (AP) — Victims of a deadly Russian missile attack that struck a busy market in eastern Ukraine were buried Thursday, as Moscow kept up its assault on Ukraine’s grain export infrastructure, hitting a Ukrainian port for the fourth time in five days.

Wednesday’s attack on the market in Kostiantynivka, in Ukraine’s Donestsk region, killed 16 people and wounded 33 — another grim reminder of the war’s civilian toll. Authorities initially put the death toll at 17, but the Interior Ministry revised that number on Thursday after examining the bodies.

Among the victims were Mykola and Natalia Shyrai, whose bodies were laid to rest in a village outside Kostiantynivka on Thursday. The married couple, in their 50s, had been selling flowers in the market when they were killed in the blast. Dozens of people from the small settlement arrived to say their final farewells as caskets covered white cloth were shut and lowered.

The attack the previous day had turned an outdoor market into a fiery, blackened ruin, and overshadowed a two-day visit by U.S. Secretary of State Antony Blinken aimed at assessing Ukraine’s 3-month-old counteroffensive and signaling continued U.S. support for the fight.

Ukrainian President Volodymyr Zelenskyy steps down from a plane on arrival at the military airport in Lisbon, Tuesday, May 28, 2024. (AP Photo/Armando Franca)

While touring northern Ukraine on Thursday, Blinken said the death and destruction in Kostiantynivka was “what Ukrainians are living with every day.”

Hours earlier, Russia attacked the Ukrainian port city of Izmail for the fourth time in five days, Ukrainian officials said Thursday, in what has become a sustained campaign to target Ukraine’s ability to export grain.

The Danube River port area was attacked with Shahed drones aiming at civilian and port infrastructure, Odesa region Gov. Oleh Kiper said. A truck driver was wounded and grain silos were damaged, he said.

Ukrainian war crimes prosecutors inspected the wreckage at the scene close to port infrastructure on Thursday, according to a statement from the Ukrainian Prosecutor’s Office.

The Ukrainian military said it shot down 25 out of 33 drones launched by Russia overnight, most of them at the Odesa region, Ukraine’s agriculture export hub, as well as the northern Sumy region.

Russia has escalated attacks on Ukraine’s grain export infrastructure since mid-July, when it exited a U.N.-backed deal that had allowed for the safe shipping of Ukrainian grain during the war.

The attack in Izmail came one day after the attack in Kostiantynivka. The area, just 15-20 kilometers (about 10-to-12 miles) from the front line, has been shelled by Russia several times, and the sounds of the not-so-distant war boom throughout the day. The tail of a rocket from a cluster munition was lodged in the middle of the road that leads to the cemetery where the funerals were held.

Blinken visited a school in the village of Yahidne where hundreds of residents were imprisoned when Russian forces occupied the village at the start of the full-scale invasion. Blinken said Russian atrocities continue. “Just yesterday, we saw the bombing of a market, 17 people or more killed,” he said. “For what?”

Earlier, Blinken visited a Kyiv region facility of the State Border Guards of Ukraine and went to see a demining team working to clear unexploded ordnance from a 45,000-square-meter (10-acre) site that included a farm.

Blinken announced $90.5 million in demining assistance as part of a package of U.S. military and humanitarian aid totaling over $1 billion on Wednesday.

While Ukraine’s ports have come under attack, drone attacks on Crimea, which Russia annexed from Ukraine in 2013, and in Russia itself also have become increasingly common in recent months. In recent weeks, drones have repeatedly targeted Moscow, with some hitting buildings in the city center, while others have been shot down on the outskirts of the city.

Early Thursday, five drones were shot down from over three regions overnight, including one attempting to strike Moscow, officials said. There were no reports of casualties.

Russia’s Defense Ministry blamed the overnight attacks in Russia on Ukraine, which does not take credit for strikes inside Russia. One drone targeted Moscow, but was shot down southeast of the city without causing any damage or injuries, Mayor Sergei Sobyanin said.

Two more drones were shot down over the southern region of Rostov, which borders Ukraine, said regional Gov. Vasily Golubev. The debris fell in the center of Rostov-on-Don, the region’s capital, damaging several cars and shattering windows in three buildings, Golubev said. One person sought medical assistance.

Two other drones were shot down over the Bryansk region, which also borders Ukraine, Gov. Alexander Bogomaz said. Drone debris damaged a railway station and several cars, he said.

Kullab reported from Kyiv.

Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine

SAMYA KULLAB

IMAGES

  1. Voyager Capital raises $100M for fifth fund as it doubles down on the

    voyager capital fund

  2. Home

    voyager capital fund

  3. Voyager Capital Raises $100 Million in Fifth Fund

    voyager capital fund

  4. About

    voyager capital fund

  5. Voyager Capital targeting $100M for its sixth fund to back more B2B

    voyager capital fund

  6. Voyager Capital targets $125 million for new venture fund

    voyager capital fund

VIDEO

  1. VOYAGER PACIFIC CAPITAL FUND 3

  2. Voyager Reviewed! (by a pedant) S7E09: FLESH AND BLOOD (1)

  3. Voyager another Rant: And Alts Heat up as BTC gets ready for another massive Move

  4. Voyager Reviewed! (by a pedant) S7E05: CRITICAL CARE

COMMENTS

  1. Voyager Capital targeting $100M for its sixth fund to back more B2B

    Voyager Capital is raising cash for another fund to invest in more early-stage business-to-business startups based across the Pacific Northwest. A new SEC filing revealed the fund, the firm's ...

  2. Voyager Capital Fund V: Profile, Investments & Returns

    Voyager Capital Fund V is a venture capital fund managed by Voyager Capital. The fund is located in Seattle, Washington and will invest in Alberta, British Columbia, Manitoba, Saskatchewan, Oregon, Washington. The Fund seeks to make investments in B2B startups across cloud infrastructure, SaaS, and vertical markets such as fintech, mediatech ...

  3. Investment Portfolio

    Meet Voyager. Voyager invests in entrepreneurs who have the passion and discipline to unleash ideas, push boundaries and thrive on disruptive changes. When you work with Voyager, you get investment beyond the dollar signs.

  4. Voyager Capital Fund I: Profile, Investments & Returns

    Voyager Capital Fund I's latest investment was on 05-Jul-2002 in Qsent, a company within the Services (B2C Non-Financial) industry. Data Transparency. Meet our data hygiene team. Discover how our experts ensure you're getting the most accurate financial data in the industry.

  5. Voyager

    Leo joined Voyager from Global Founders Capital, where he was the Partner responsible for GFC's global climate and deep tech investing. Prior to GFC, Leo drove sustainable investing and energy transition strategy engagements at McKinsey and led product innovation at advanced desalination startup, Sandymount.

  6. Voyager Capital raising its fifth fund as firm targets B2B ...

    The firm is raising its fifth fund, as revealed in a new SEC filing, which notes a total offering amount of $100 million. Voyager declined to comment on the filing when contacted by GeekWire ...

  7. News

    Voyager Capital targeting $100M for its sixth fund to back more B2B startups in the Pacific Northwest. JUL 14, 2023. Bill McAleer, GeekWire, Voyager Capital. Despite venture capital slowdown, these investors remain bullish on Seattle. JAN 3, 2023. James Newell. How 6 venture capitalists are thinking about 2023 — and their advice to startups.

  8. Voyager Capital Fund VI: Profile, Investments & Returns

    How PitchBook sources data. Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most. Information on investments, limited partners, investment strategy, team and returns for Voyager Capital Fund VI. Use the PitchBook Platform to explore the full profile.

  9. About

    Founded in 1997, Voyager has over $520 million under management in B2B, early-stage venture capital. When you work with Voyager, you get investment beyond the dollar signs. With a focus on Software, Cloud and Big Data Applications in the Pacific Northwest and Western Canada, we create a relationship with you early in your company's lifecycle.

  10. Voyager Capital aims to raise $100M for its sixth fund to support

    Voyager Capital is in the process of securing funds for yet another investment fund aimed at supporting early-stage business-to-business startups situated in the Pacific Northwest. This latest development comes to light through a recently filed document with the SEC, marking this as Voyager's sixth fund since its inception 25 years ago.

  11. Voyager Capital raises $100M for fifth fund as it doubles ...

    The Seattle-based venture capital firm has closed its fifth fund, raising $100 million that it will use to invest in 15-to-20 early stage B2B startups across Washington, Oregon, and Western Canada ...

  12. Voyager Capital Portfolio Investments, Voyager Capital Funds, Voyager

    Voyager Capital is a venture capital firm with a focus on the technology sector, specifically in software, analytics, and cloud infrastructure. It offers entrepreneurs with resources, experience, and connections, leading first venture round investments in startups and helping to build market leaders. The company was founded in 1997 and is based ...

  13. Voyager Capital Fund V raises $100 mln

    Voyager Capital said Oct. 8 that its latest fund raised $100 million. Voyager fifth fund will make first-round investments in B2B startups across cloud infrastructure, software as a service (SaaS ...

  14. Home

    "I have been an investor in Voyager Fund II since early 2017. The fund has a unique and attractive combination of asset classes and uses zero leverage! The monthly distributions have been like clockwork, K1 comes on time, and the management hasbeen easily accessible and very responsive. ... Voyager Pacific Capital 66 West Flagler Street Suite ...

  15. Voyager Capital

    With a focus on Software, Cloud and Big Data Applications in the Pacific Northwest and Western Canada, we create a relationship with entrepreneurs early in a company's lifecycle. We're entrepreneur centric — so when we invest in your business, we invest in you. Our team is available, responsive and committed to you when and where you need ...

  16. Voyager Capital Fund III: Profile, Investments & Returns

    Voyager Capital Fund III General Information Description. Voyager Capital Fund III is a venture capital fund managed by Voyager Capital. The fund is located in Seattle, Washington and will invest in United States. The fund seeks to make investments in software, SaaS and big data industry.

  17. Databricks is expanding the scope of its AI investments with second VC fund

    Databricks' new venture capital fund, ... Voyager Capital, and Cubit Capital. - Teal, a developer of accounting infrastructure for vertical SaaS businesses, ...

  18. Fund Comparison

    In 2015, Keiretsu performed an extensive due diligence process on Voyager Fund I. As an outside group of investors, this due diligence team produced a 75-page due diligence report, and following the completion of that report, several members of the team invested with us. ... Voyager Pacific Capital 66 West Flagler Street Suite 900 #3420 Miami ...

  19. Administrative divisions of Rostov Oblast

    Administrative divisions of Rostov Oblast. with 10 selsovets under the district's jurisdiction. with 18 selsovets under the district's jurisdiction. with 5 selsovets under the district's jurisdiction. with 10 selsovets under the district's jurisdiction. with 7 selsovets under the district's jurisdiction.

  20. YIVO

    In 1939, there were 27,039 Jews living in Rostov (totaling 5.4% of the population). In the summer and fall of 1941 the town was inundated with refugees; about 20,000 Jews were able to evacuate. The German army occupied the town twice, in November 1941 and from July 1942 to February 1943. The Nazis murdered 13,000 Jews on 11 August 1942.

  21. Rostov-on-Don

    Rostov-on-Don is the largest city in South Russia and the centre of Russia's Southern Federal District. Although officially known as Rostov-on-Don to distinguish it from the ancient city of Rostov, in speech it is usually just called Rostov as the bigger of the two Rostovs (the orginal Rostov is confusingly then often called Rostov-Veliky).Rostov-on-Don is closely associated with the Cossacks ...

  22. Voyager Capital Investor Profile: Portfolio & Exits

    Company Description. Founded in 1997, Voyager Capital is a venture capital firm based in Seattle, Washington. The firm seeks to invest in seed-stage, early-stage, and later-stage companies. The firm seeks to invest in business products, business services, information technology, SaaS, big data, TMT, internet of things, robotics, artificial ...

  23. Funeral held for victims of Russian market attack amid more strikes, as

    The debris fell in the center of Rostov-on-Don, the region's capital, damaging several cars and shattering windows in three buildings, Golubev said. One person sought medical assistance. Two other drones were shot down over the Bryansk region, which also borders Ukraine, Gov. Alexander Bogomaz said. Drone debris damaged a railway station and ...

  24. PDF Notice of Filing of Amendment No. 1 to a Proposed Rule Change Relating

    BlockFi Inc.19 and Voyager Digital Holdings, Inc.20 have become unsecured creditors in the insolvencies of those entities. If a Spot Ether ETP was available, it is likely that at least a portion of the billions of dollars tied up in those proceedings would still reside in the brokerage accounts

  25. News

    Voyager Capital targeting $100M for its sixth fund to back more B2B startups in the Pacific Northwest. JUL 14, 2023. Bill McAleer, GeekWire, Voyager Capital. Despite venture capital slowdown, these investors remain bullish on Seattle. JAN 3, 2023. James Newell. How 6 venture capitalists are thinking about 2023 — and their advice to startups.