Private Equity
1 min read · 11 October 2018
RiverVest Venture Partners has raised over $167 million for its fourth fund, according to an SEC filing. With offices in St. Louis, Cleveland and San Diego, the venture firm invests in life science companies.
1 min read · 10 October 2018
Chrysalix Venture Capital, a Canadian industrial innovation venture capital firm, announced the first close of its latest fund vehicle, Chrysalix RoboValley Fund. The fund, which has a target of about $155 million (US$120 million) has so far signed on a range of investors, including Teck Resources Ltd, Mistletoe Venture Partners International, Petronas, Severstal, Delft University of Technology, Mitsubishi Corp and Golden Properties. It will invest in early-stage companies that are developing technologies in intelligent systems and resource productivity solutions for industries such as energy, mining, mobility, chemicals and materials. Vancouver-based Chrysalix is led by Managing Partners Fred van Beuningen, Richard MacKellar and Wal van Lierop.
3 min read · 10 October 2018
ArcTern Ventures, a Canadian early-stage venture capital firm focused on the clean technology sector, has initially closed its second fund at $60 million. ArcTern Ventures Fund II, targeted to raise up to $150 million, was anchored in its first close with commitments from Ontario Municipal Employees Retirement System (OMERS) and Equinor ASA, a Norwegian energy company. Founded in 2012 by Managing Partners Murray McCaig and Tom Rand, ArcTern invests across six core clean technology sub-sectors: renewable energy, energy use and storage, circular economy, advanced manufacturing and materials, mobility, and agri-technology. The Toronto-based firm works in partnership with Canadian innovation hub and startup accelerator MaRS Discovery District.
4 min read · 09 October 2018
San Francisco-based Dragonfly Capital Partners announced this morning its launch of a $100 million fund to invest in cryptocurrency deals. The firm is led by Managing Partners Alexander Pack, who previously headed network investing at Bain Capital Ventures, and Bo Feng, who previously was a founding partner of Ceyuan Ventures.The firm said it already has a portfolio of 20 companies, including Basis, Spacemesh and Oasis Labs. The fund's investors include Salil Deshpande of Bain Capital Ventures, Marc Andreessen and Chris Dixon of Andreessen Horowitz, Cyan Banister of Founders Fund, Olaf Carlson-Wee of Polychain Capital, Neil Shen of Sequoia China, and others.
1 min read · 09 October 2018
Former New Enterprise Associates General Partner Jon Sakoda has filed to raise a $500 million venture-capital fund under the name Catalyst Labs Fund I, according to a filing with the SEC.
1 min read · 08 October 2018
Forerunner Ventures said it raised a $360 million fourth fund to continuing investing in early-stage companies in a market place that has become increasingly competitive.
1 min read · 08 October 2018
Commonfund Capital has closed its twelfth venture fund at $432 million. The limited partners of Commonfund Capital Venture Partners XII include endowments, foundations and pensions.
1 min read · 08 October 2018
Mosaic Ventures has raised $150 million for its second fund. The London-based early-stage venture firm is focused on Series A investments.
5 min read · 08 October 2018
Kraft Heinz has launched Evolv Ventures, a Chicago-based venture fund focused on food tech companies. Kraft Heinz has committed up to $100 million to Evolv and has named Bill Pescatello, a former partner at Lightbank, to lead the fund.
2 min read · 05 October 2018
