Fundraising

UK-based savings and retirement business Phoenix Group has launched its initial venture fund in excess of 100 million pounds.

Starting Line has closed $30 million for its second fund.

New Zealand-based Quidnet Ventures, an early stage firm, has completed the first close for its first fund, according to a source at the firm.

Lightbank has raised $181.91 million for its second fund, according to an SEC filing.

Savano Capital Partners has raised over $40.7 million for its third venture fund, according to an SEC filing.

Index Ventures has raised $200 million for Index Origin, its first dedicated seed fund.

Framework Ventures is seeking to raise $100 million for its second fund, according to an SEC filing.

SpaceFund has raised $9 million for its BlastOff fund.

Chinese venture firm Long Hill Capital has raised over $300 million for its third fund.

Industry Ventures has raised $850 million for its ninth secondary fund, according to an SEC filing.