Fundraising

Underscore.VC boosts staff as it caps second fund at $140 mln

Ludlow Ventures targets $60 mln for fund

Ludlow Ventures is seeking to raise $60 million for its newest fund, according to an SEC filing. The Detroit-based venture firm provides seed, early-stage and debt financing to entrepreneurs and startups.

Play Ventures raises $22.4 mln for venture-capital fund

Play Ventures has raised $22.4 million toward a $40 million maiden venture-capital fund, according to a filing with the SEC.

BITKRAFT Esports to raise $125 mln venture fund

BITKRAFT Esports Ventures has set out to raise a $125 million venture-capital fund, according to a filing with the SEC.

Underscore.VC garners over $132 mln for sophomore fund

Boston-based venture firm Underscore.VC has raised over $132 million for its second fund, according to an updated SEC filing. The target is $140 million. The firm invests in a number of sectors that include artificial intelligence, blockchain, internet of things and machine learning.

New Rhein collects $47.7 mln for fund

New Rhein Healthcare Investors, a private equity firm focused on healthcare therapeutics and medical devices, has raised $47.7 million for its first pooled fund. Also, it has secured an additional $15 million commitment, which will be released when the fund reaches its $100 million final target.

Venture fundraising tops $50 bln in 2018 for new 18-year record

CPPIB to invest up to $1 bln in venture capital funds: report

Canada Pension Plan Investment Board (CPPIB) is planning to put $500 million to $1 billion to work in the venture capital market, according to a report by The Logic. The $368 billion pension fund is hiring a senior principal to focus on investments in the space, the report said. The investment pro will be responsible for committing capital to 10 to 15 venture capital funds in North America and Europe. CPPIB Managing Director Shane Feeney, who heads global private equity, told The Logic the pension fund could make investments "with more direct VC exposure" in the future. CPPIB joined the initial close of Northleaf Capital Partners' second Canadian venture capital fund of funds, announced this week.

Zigg Capital to raise $100 mln venture fund

Zigg Capital has set out to raise a $100 million venture-capital fund, according to a filing with the SEC.

Red Capital: Spanish VC addresses funding gap for women founders