Fundraising

EduLab Capital Partners targets $15 mln for maiden fund

EduLab Capital Partners is seeking to raise $15 million for its debut fund, according to an SEC filing. Boston-based EduLab Capital Partners invests in edtech.

The Hardware Club closes $50 mln first fund.

The Hardware Club said it completed a final close of its $50 million first fund. The firm, operating from Paris, Tokyo and San Francisco, raised the capital from investors, including Isomer Capital, Draper Esprit, Bpifrance’s French Tech Acceleration funds, Foxconn and Arkéa.

Fusion Fund launches in Ohio

Bounce Innovation Hub, Acquire Investments and JumpStart Inc announced the launch of Fusion Fund, a $20-million, for-profit venture fund aimed at growing companies in and around Ohio. The fund will make seed and early-stage investments in advanced materials, life sciences and tech companies located within a four-hour radius of Akron, Ohio.

Fund Performance: A review of San Francisco's venture portfolio from 2015

BCF Ventures grows pool to $12 mln, backs six tech startups

BCF Ventures, a Montréal-based pre-seed and seed-stage venture capital firm, has increased the potential size of its fund to $12 million. Initially capitalized at $5 million by BCF Business Law partners, the fund raised additional commitments from family offices and accredited investors. Led by CEO and Partner Sergio Escobar, BCF and its co-investors provide financing to cloud and software-as-a-service companies leveraging artificial intelligence, big data, analytics and security, primarily in North America. To date, BCF has invested in six companies, including Canada's Bridgr, CareTeam and FleetOps.

Frist Cressey Ventures collects almost $50 mln for second fund

Frist Cressey Ventures has raised almost $50 million for its second fund, according to an SEC filing. The target is $80 million. Based in Nashville, the firm invests in healthcare.

DBL Partners TIAB 2018 targets $125 mln

DBL Partners TIAB 2018 is seeking to raise $125 million, according to an SEC filing. Based in San Francisco, DBL Partners invests in companies that "enable social, environmental and economic benefits," according to its website.

HubSpot launches $30 mln fund

Cambridge, Massachusetts-based HubSpot, a software company, has launched HubSpot Ventures, a $30 million fund, according to a company announcement. HubSpot Ventures is targeting companies "that take the long-view on success by putting their customers first, investing in an inclusive company culture, and delivering highly differentiated products."

OAV and Apicil launch insurtech fund

Odysseus Alternative Ventures and French insurer Apicil has launched an insurtech fund with a commitment of 10 million euros. The fund will invest in French and European startups seeking to develop new technologies, new business models and new forms of delivery for the insurance sector.

Calibrate wraps up maiden fund at nearly $80 mln

Pasadena, California-based Calibrate Ventures, an early-stage venture firm, has closed its debut fund at nearly $80 million. Calibrate Ventures LP's investors include Shea Ventures and Foundry Group. The fund is targeting initial investments of $5 million in companies generating revenue between $1 million and $5 million.