Fundraising

The firm will invest both as an LP into diverse managers and directly into companies.

Red & Blue Ventures has raised over $9.4 million for its second fund, according to an SEC filing.

The early-stage firm also raised $300 mln for its previous fund.

Lerer Hippeau is seeking to raise $130 million for its seventh fund.

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

Rev1 Ventures has raised $15 million for its second fund focused on life science companies.

Volition Capital has raised $600 million for two funds.

Palo Alto and San Francisco-based Acrew Capital, an early-stage venture firm, has closed its debut fund at $250 million, reported Tech Crunch.

Acre Venture Partners is seeking to raise $125 million for its second fund, according to an SEC filing.

Sapphire Ventures has raised more than $1.4 billion.