Fundraising

Fresh off fundraising trail, Pangaea Ventures expands U.S. market presence

Pangaea Ventures, a Canadian pioneer of advanced-materials investing, has opened a new U.S. office to broaden its access to sector opportunities south of the border. Earlier this year, Pangaea set up shop in Phoenix, Arizona, increasing North American locations to three, including its Vancouver headquarters. Chris Erickson, Pangaea's founder and general partner, told PE Hub Canada the move recognizes the fact that a growing share of the firm’s deal flow and portfolio companies resides in the U.S. News of the U.S. market expansion follows this month’s close of Pangaea Ventures Fund IV at $95 million (US$70 million). The fund is the largest in the firm’s nearly two-decade history, up 19 percent from Fund III, which raised about $80 million (US$60 million) in 2012.

USVP racks up over $292 mln for twelfth fund

U.S. Venture Partners has raised over $292 million for its twelfth fund, according to an SEC filing. The target is $350 million. Based in Menlo Park, California, the venture firm invests in technology and healthcare.

Fuel Capital raises $75 mln third fund, expands portfolio services

Fresh off fundraising trail, Pangaea Ventures expands U.S. market presence

Franklin Templeton raises $70.4 for Franklin Blackhorse VC fund

Franklin Templeton has raised $70.4 million toward its Franklin Blackhorse venture-capital fund, according to a filing with the SEC.

StraightPath Venture Partners is raising two $100 mln funds for investing in Pre-IPO companies

2048 Ventures collects $27 mln for initial fund

2048 Ventures has raised $27 million for its inaugural fund, according to a blog post on its site. The New York City-based venture firm invests in founders creating B2B and B2C companies.

Fund Performance: New York State venture portfolio, 2002 to 2006

Amplo Ventures is raising $200 mln towards second fund

Anthos Capital is seeking $550 mln towards a fourth fund