Fundraising

55 Catalyst to raise venture-capital fund

55 Catalyst has set out to raise a venture-capital fund, according to a filing with the SEC.

Poplar Ventures rakes in $17 mln for new fund

Poplar Ventures has raised $17 million for its debut fund. Based in Louisville, Kentucky, Poplar Ventures LP invests in cloud-based software tech companies in middle America.

Bridge Line collects over $1 mln for $100 mln-targeted fund

Bridge Line Ventures LLC has raised over $1 million for its new fund, according to an SEC filing. The target is $100 million. The venture firm is based in Boca Raton, Florida.

GFR Fund raises $20 mln to back AR, VR, esports, more

Omidyar Network spins off new venture firm Flourish

Omidyar Network has spun off Flourish, a new venture firm focused on investing in "entrepreneurs whose innovations help people achieve financial health and prosperity." Flourish is launching with an existing $200 million portfolio across U.S. and emerging markets as well as an additional $300 million at its disposal over the next five years. Pam and Pierre Omidyar, the founder of eBay, are backing Flourish.

Tsingyuan Ventures raises $51.7 mln venture-capital fund

Tsingyuan Ventures has raised a $51.7 million venture-capital fund, according to a filing with the SEC.

Magic Stone Alternative Capital raises $200 mill toward second fund

Magic Stone Alternative Capital, a Beijing, China-based venture firm, raised nearly $200 million out of the $250 million it is seeking towards its second fund, according to a filing with the SEC. The firm received commitments from 13 LPs.

LACERA pledges $270 mln to tech, venture

Playfair collects $32 mln for sophomore fund

UK-based Playfair Capital has raised $32 million for its second fund. The fund will invest in early-stage companies with a focus on deep tech, B2B SaaS and marketplaces.

Contrary Capital to raise $35 mln for second fund

Contrary Capital has set a $35 million target for its second fund, according to an SEC filing. Contrary is a university-focused venture firm.