Fundraising

August Dashboard: M&A soars as fundraising, IPOs take a step back

Meloy Fund I wraps up at over $22 mln

The Meloy Fund I LP, an impact investment fund focused on backing sustainable coastal fisheries in Indonesia and the Philippines, has closed at over $22 million. The investors included FMO, a Dutch development bank that provided $5 million.

Carrick amasses $10 mln for new co-investment fund

Carrick Capital Partners has raised $10 million for its new co-investment fund, according to an SEC filing. The San Francisco-based private equity and venture capital firm invests in companies that provide tech-enabled services.

Aflac hikes up investment in its venture fund

Aflac has expanded its investment in its venture fund from $100 million over three years to $250 million over three to four years. Aflac Ventures Fund focuses on growth-stage companies that are "innovative" and "scalable." So far the fund has invested in eight early-stage companies in the Japan and the U.S., with each investment ranging between $1 million and $6 million.

Base10 raises $137 mln for AI applications in automation, sans robots

Alexandria Venture Investments leads venture investors in medical, health and life science sectors

Flybridge to raise $75 mln fifth venture-capital fund

Flybridge Capital Partners has set out to raise a $75 million fifth venture-capital fund, according to a filing with the SEC.

Commerce Ventures targets $60 mln for third fund

Commerce Ventures is seeking to raise $60 million for its third fund, according to an SEC filing. The San Francisco-based venture firm invests in the e-commerce, retail, fintech and insurance sectors.

Golden Gate Ventures closes third fund at $100 mln

Singapore-based venture firm Golden Gate Ventures has raised $100 million for its third fund. The early-stage fund will focus on consumer internet trends in Southeast Asia. The investors include Temasek, Hanwha, Naver, EE Capital, Taizo Son’s Mistletoe, Mitsui Fudosan, IDO Investments, CTBC Group, Korea Venture Investment Corporation and Ion Pacific.

Seven Peaks Ventures wraps up second fund at $28 mln

Seven Peaks Ventures has closed its second fund at $28 million. The limited partners of Seven Peaks Venture II includes the State of Oregon, the OSU Foundation and family offices. The Bend, Oregon-based venture firm is focused on tech companies.