Playground Global and Singular

A growing number of venture firms may be uncorking champagne ahead of the New Year.

Today, a handful of investment firms announced new funds: Artis Ventures, BoxGroup, Playground Global and Singular all closed on funds, while Partech said it was launching a €360 million venture fund.

Against a backdrop of layoffs and continuing economic uncertainty, the announcements — particularly in such quick succession — are something of a shock.

But they point to a few underlying truths about the market right now.