Fundraising

Fifth Wall Ventures rakes in over $468 mln for sophomore fund

Fifth Wall Ventures has raised over $468 million for its second fund, according to an SEC filing. The target is $500 million. With offices in San Francisco and Los Angeles, Fifth Wall is a venture firm focused on tech solutions for the "built world."

The Co-operators launches fund earmarked for insurtech ventures

The Co-operators Group Ltd, a Canadian insurance and financial services co-operative, has launched a new fund to invest in insurance technology companies. The size of the fund was not disclosed. President and CEO Rob Wesseling said the fund will support The Co-operators' innovation strategy by partnering with companies that offer "cutting-edge technology and solutions to meet the changing needs and preferences of our clients." Last year, The Co-operators partnered with New York-based insurance cloud platform Slice Labs Inc to create a new digital insurance brand in Canada. It also led Slice Labs' US$20 million extended Series A financing.

LiveOak wraps up sophomore fund at $105 mln

LiveOak Venture Partners has closed its second fund at $105 million. The Austin-based venture firm invests in early-stage startups in Texas.

Texas-focused LiveOak Venture Partners raises $105 mln second fund

RMG Global wraps up biopharma fund at $64 mln

RMG Global has closed its biopharma investment fund at $64 million. The fund is focused on biotherapeutics developed within the Israel-based FutuRx incubator, established by OrbiMed Israel, Johnson & Johnson Innovation and Takeda Ventures in cooperation with the Israel Innovation Authority.

Eduardo Saverin's VC firm B Capital racks up over $406 mln for sophomore fund

B Capital, a venture firm co-founded by Facebook co-founder Eduardo Saverin, has raised over $406 million for its second fund, according to an SEC filing. No target was listed in the document. With offices in Los Angeles, San Francisco, Singapore and New York, B Capital invests in tech companies.

Alexei Andreev of Lyft backer AutoTech on the changing world of mobility

Nauta Capital wraps up new fund

Nauta Capital, a pan-European venture firm, has closed its new fund at 55 million euros. The Sidecar Fund will invest in early-stage tech companies. The fund's investors include British Patient Capital, the European Investment Fund, the ICF and the ICO.

New Era raises $60 mln for inaugural fund

New Era Capital Partners, a Tel Aviv-based venture firm, has closed its debut fund at $60 million. The fund will invest in Israeli social impact companies.

Equal Ventures is seeking $40 mln towards its first fund