Fundraising

Advent Life Sciences has closed two funds at a total of $215 million.

Adjuvant Capital has raised $300 million for its new venture fund focused on improving global public health.

Reach Capital has raised $165 million for its third early-stage edtech fund, according to a Medium blog post.

Cake Ventures is seeking to raise $25 million for its inaugural fund, according to an SEC filing.

Montreal-based venture capital firm Boreal Ventures has in partnership with incubator Centech launched with initial capitalization of C$26 million.

Tribe Capital is seeking to raise $150 million for its fourth fund, according to an SEC filing.

M13 Ventures has raised $275 million for its third fund, according to an SEC filing.

The Canadian seed-stage investor is nearing a final close on its third fund, backed by BDC, HarbourVest and individual LPs, the latter of whom serve as advisors, sit on boards and help with dealflow.

Kraken Digital Asset Exchange, a cryptocurrency exchange, is backing the launch of Kraken Ventures, which targets early-stage companies in the crypto and fintech sectors.

RPM Ventures, an early-stage venture firm in Ann Arbor, Michigan, has raised $88.35 million for its fourth fund, according to an SEC filing.