Field Notes: Mandalay Venture Partners delays Fund I final close; Tenacious Ventures hits A$18m first close and lowers target

Mandalay Venture Partners has delayed the final close of its first fund; Tenacious Ventures hits A$18 million ($12 million; €11 million) first close and lowers fundraising target to A$50 million; Forbion reaches €75 million first close on its €150 bioeconomy vehicle; Trinitas almond assets are snapped up following bankruptcy filing; and more. Welcome to Field Notes, the start-of-the-week briefing for our valued subscribers only.