The latest offerings in investments, such as funds and structured products, and other notable developments.

Pelion Venture Partners
Pelion Venture Partners, a venture capital firm, has closed its seventh fund, reaching $365 million and ahead of its $250 million target.

Pelion invests in software companies across the United States, partnering with technology founders in B2B SaaS, fintech, marketplaces, cloud computing and security. Companies currently in Pelion's Fund VII include robot delivery company Coco, sports platform Overtime, healthcare marketplace Nursa, investment platform Aumni, computing application Macrometa and payment platform Cacheflow.

Pelion has four active flagship funds, one crypto and blockchain fund, and multiple Special Purpose Vehicles under management. The portfolio has portfolio companies, including Firefly, BigPanda, Neighbor, SteadyMD, MX Technologies and Deserve. It's investment exits include Cloudflare, Divvy, Weave, Integral Ad Science and Owlet.