Fundraising

Fund Performance: SFERS venture portfolio (2014)

Canaccord Genuity invests in Family Office Networks

Canaccord Genuity Group Inc has made an undisclosed investment in Family Office Networks (FON), a West Palm Beach, Florida-based hub for family offices. Founded in 2013, FON helps family offices share information and intelligence, including about investment opportunities in such areas as real estate, venture capital, private equity and hedge funds. The deal will help FON to enhance its service platform and provide Canaccord Genuity with increased access to the global family office industry. Based in Toronto, Canaccord Genuity is an investment banking and financial services firm.

Jay Z's Arrive raises $20 mln toward opportunities fund

Jay Z's Arrive has raised $20 million toward a $40 million opportunities fund, according to a filing with the SEC.

Activant Capital to raise $250 mln for third venture fund

Activant Capital is seeking to raise $250 million for its third venture fund, according to an SEC filing. The Greenwich, Connecticut-based tech-focused firm invests in growth companies.

Salesforce Ventures launches $100 mln Japan Trailblazer Fund

Salesforce Ventures, Salesforce's corporate investment group, has unveiled a $100 million Japan Trailblazer Fund. The fund will focus on Japanese startups in the Salesforce ecosystem.

Ystrategies targets $25 mln for seed-stage fund

Pittsburgh and San Francisco-based Ystrategies, a venture firm focused on tech startups in the software and cleantech sectors, is seeking to raise over $25 million for a seed-stage fund. The fund will focus on science-based technology businesses.

SoftBank Vision Fund closes in on $100 bln

Alberta Enterprise, BDC commit to Builders VC's $200 mln fund

Alberta Enterprise Corp and BDC Capital have committed capital to the inaugural fund of Builders VC, a U.S. venture capital firm with an office in Calgary. The size of the commitments was not disclosed. Builders VC has reportedly targeted US$200 million for Fund I. Founded in 2016 by General Partners Jim Kim and Paul Lee, Builders VC invests in early-stage companies with technologies capable of disrupting healthcare, agriculture, industrial and real estate industries. The Calgary office is led by Partner Mark Blackwell. Builder VC's Canadian investments include Calgary-based artificial lift optimization solution Ambyint and Calgary-based capital project delivery platform Veerum.

Slow Ventures seeks $235 mln for venture, opportunity funds

Slow Ventures has set out to raise $235 million for a fourth venture fund and a first opportunity fund, according to filings with the SEC.

Strong Ventures collects $15 mln for third seed fund

Strong Ventures has raised $15 million for its third seed fund, according to an SEC filing. The target is $40 million. The California-based venture firm backs Korean/Asian/global entrepreneurs.