Fundraising

The fund will invest in underrepresented military communities and has a $50m target.

Frumtak Ventures, an Icelandic venture firm, has raised $57 million for its third fund.

Insight Partners has raised $15 million for its Vision Capital 2020 fund.

Sisu Ventures is seeking to raise $50 million for its third fund, according to an SEC filing.

BDC Capital has released a report assessing the diversity and inclusion of its direct investment portfolio in Canada.

Commerce Ventures has closed its over fourth fund at over $150 million, beating its $120 million target.

Canadian venture capital firm Amplitude Venture Capital closed its debut precision medicine fund, securing its C$200 million target.

Hoxton Ventures is seeking to raise $125 million for its third fund, according to an SEC filing.

Section Partners has raised $24.2 million for its new venture fund, according to an SEC filing.

Ben Narasin launches Tenacity Venture Capital with initial backing from New Enterprise Associates and others. NEA managing general partner Scott Sandell will serve on the advisory board.