Hopewell Ventures

Mersive Technologies, a Lexington, Ky.-based developer of multi-projector display technology, has raised $4.6 million in Series B funding. Hopewell Ventures led the round with a $4 million commitment, and was joined by return backers Adena Ventures, the Kentucky Science & Technology Corp. and the Bluegrass Angels Venture Fund.

Pioneer Surgical Technology Inc., a Marquette, Mich.-based spinal and orthopedic implants and instruments, has raised $15 million in Series B funding. InvestMichigan Growth Capital Fund was joined by return backers Pharos Capital Group, Highlander Partners, Hopewell Ventures and River Cities Capital Funds.

The $5 billion pension fund has raised its private equity allocation to 10 percent from 3 percent.

Tennessee Consolidated Retirement System expects to put about $800M to work through its new PE program

Fund-raising shorts about GCube, ATA Ventures, Spark Capital, 5AM, Industry Ventures, and Merck

Summary of tech companies and other businesses that raised financing in North America in the past week

Random Ramblings

Random Ramblings