Fundraising

Cybersecurity-focused ForgePoint Capital seeks $400 mln sophomore fund

NEA targets $3.6 bln for 17th fund

New Enterprise Associates is seeking to raise $3.6 billion for its 17th fund, according to an SEC filing. The venture firm invests in healthcare and technology.

ATX Seed Ventures wants to take advantage of South-Central's tech opportunities with $100 mln third fund

Precursor Ventures rakes in $31 mln for sophomore fund

Precursor Ventures has raised $31 million for its second fund, according to an SEC filing. The San Francisco-based venture firm is an early-stage venture firm focused on pre-seed investments in the San Francisco, New York, Toronto and Los Angeles metropolitan regions.

QEAM and R.E. Lee Capital unveil $100 mln hybrid fund

Quantum Energy Asset Management and R.E. Lee International Capital have launched a new $100 million hybrid fund, QEX Fund SP. The fund will focus on fintech startups. Vic Tham, CEO of QEAM, will lead the fund.

OMERS taps ex-CPPIB exec Mark Shulgan to lead new growth-equity strategy

OMERS appointed Mark Shulgan to head the Canadian pension fund’s new growth-equity platform, PE Hub Canada has learned. OMERS announced Shulgan’s hire as a managing director in September, though at the time did not mention the new strategy. He will now run OMERS Growth Equity, recently set up for long-term investing in high-growth companies committed to innovation in sectors like healthcare and tech, according to OMERS’ site. Previously, Shulgan was a senior portfolio manager in Canada Pension Plan Investment Board’s thematic investing group.

ATX Seed Ventures collects $32 mln for sophomore fund

ATX Seed Ventures, an Austin-based early-stage venture firm, has raised $32 million for its second fund. The fund will focus on Texas and South Central startups.

ITI Venture Capital Partners raised $80 mln towards $125 mln debut fund

ITI Venture Capital Partners, a Tel Aviv, Israel-based firm, has raised $80 million of the $125 million target towards its first venture fund, according to the filing with the SEC.

Ex-Mayfield investor Robin Vasan raises $40 mln for Mango Capital

Pangea Blockchain Fund raises $20 mln

Switzerland-based Pangea Blockchain Fund, which is focused on early-stage blockchain companies, has raised $22 million for its inaugural fund. The fund's target is $200 million. The fund's limited partners include Copernicus Asset Management SA and Bitcoin.com owner Roger Ver. Also, Copernicus is serving as an investment manager for the fund.