Fundraising

Fund performance: Nevada PERS, 2012 vintage

Jerusalem Venture Partners raises $220 mln eighth venture-capital fund

Jerusalem Venture Partners has raised a $220 million eighth venture-capital fund, according to a tweet.

MPM Capital collects $400 mln for bioventure fund

MPM Capital has raised $400 million for its seventh venture fund BioVentures 2018. MPM focuses on companies that develop therapies "to treat severe unmet medical needs."

Darwin seeks $110 mln for fifth fund-of-funds

JVP wraps up eighth fund at $220 mln

Israeli venture firm Jerusalem Venture Partners has closed its eighth fund at $220 million. JVP VIII's investors include international insurance companies and endowments from universities and major global corporations. The fund will invest in early through mid-stage technologies.

Billion Dollar Fund for Women comes to Canada to sign up more VCs

Billion Dollar Fund for Women, a global initiative that aims to increase investment in women-founded companies, has arrived in Canada to recruit local venture firms. The launch was announced today by Lally Rementilla, the fund’s Canada lead and president of Quantius, a Toronto intellectual-property lender and one of the fund’s early supporters. Rementilla told PE Hub Canada that Billion Dollar Fund is looking to spread awareness in Canada about the gender financing gap. It also offers a plan of action involving pledges by VC firms to invest a portion of their capital in tech startups created by female entrepreneurs.

Menlo Ventures unveils $500 mln Inflection Fund for early-growth investing

Ten Eleven Ventures raises $200 million for early-stage cybersecurity deals

Burlingame, California-based Ten Eleven Ventures, which exclusively backs cybersecurity deals worldwide, announced it has raised $200 million for its second fund. TEV II will invest in Series A and B rounds. The firm, founded in 2014 by Alex Doll and Mark Hatfield, separately raised a $140 million second growth fund last year.

Billion Dollar Fund for Women comes to Canada to sign up more VCs

InFocus collects over $10.7 mln for $50 mln-targeted venture fund

InFocus Capital Partners has raised over $10.7 million for its new venture fund, according to an SEC filing. The target is $50 million. InFocus targets ophthalmic investments.