Fundraising

SGVC raises $51 mln venture-capital fund

SGVC has raised a $51 million third venture-capital fund, according to a filing with the SEC.

SGVC wraps up third fund at $51 mln

Los Angeles-based SGVC, a venture firm, has closed its third fund at $51 million. SGVC Fund III will focus mostly on early-stage investments in Silicon Valley-based financial technology software companies. The fund's investors include Hachschara Insurance Company, True Capital Management and Manhattan West Asset Management. Leumi Investment Services Inc was the placement agent.

NYS Teachers' pledged $700 mln to PE, VC in Q3

Ottawa's VCCI commits $50 mln to seven innovative VC firms

The federal government’s $400 million Venture Capital Catalyst Initiative (VCCI) has committed $50 million to seven Canadian venture capital firms. The recipients were chosen because they reflect new and innovative models, supply capital to under-served regions and sectors, and support emerging managers and diverse management teams. The seven firms, which will each secure between $5 million and $15 million, are: AmorChem, Brightspark, Build Ventures, Garage Capital, Highline BETA, Pique Ventures and TandemLaunch. Earlier this year, VCCI committed $350 million to five funds-of-funds managers.

GBV launch $100 mln blockchain tech-focused venture fund

Global Blockchain Ventures have launched a $100 million blockchain tech-focused venture fund. Stonegate Digital Capital Group is committing a "seven-figure" investment to seed Global Blockhain Ventures Fund LP.

Joy Capital to raise $300 mln opportunity fund

Joy Capital has set out to raise a $300 million opportunity fund, according to a filing with the SEC.

Sterling Road targets $15 mln for sophomore fund

Sterling Road is seeking to raise $15 million for its second fund, according to an SEC filing. Sterling Road is a venture firm focused on seed-stage B2B companies.

Moonrise Capital to raise $200 mln venture-capital fund

Moonrise Capital has set out to raise a $200 million second venture-capital fund, according to a filing with the SEC.

Ex-NEA GP Viswanathan raising $1.3 bln related to secondary deal

DigiTX Partners raises $75 mln venture-capital fund

DigiTX Partners has raised a $75 million venture-capital fund, according to a filing with the SEC.