Fundraising

Bessemer eyes $1.6 bln for 10th multistage venture fund

645 Ventures gathers $40 mln for sophomore fund

New York-based 645 Ventures, an early-stage venture firm, has raised $40 million for its oversubscribed second fund. Fund II's limited partners include the Andrew W. Mellon Foundation, Princeton University’s endowment, Spelman College’s endowment, and Klingenstein Fields Wealth Advisors. The fund will invest in SaaS, infrastructure software and select consumer companies.

Fund Performance: UTIMCO venture portfolio, vintages 2006 and 2007

Calibrate Ventures collects over $73 mln for fund

Calibrate Ventures has raised over $73 million for its new fund, according to an SEC filing. The target is $100 million. The Los Angeles-based venture firm invests in startups in the connected platforms, consumer and enterprise SaaS sectors.

MassPRIM commits $600 mln, expands PE program

Translink Capital to raise China Mobility Fund

Translink Capital has set out to raise a China Mobility Fund, according to a filing with the SEC.

Vestigo Ventures raises $58.9 mln for venture-capital fund

Vestigo Ventures said it has raised a $58.9 million early-stage venture-capital fund to focus on fintech investments.

Andreessen Horowitz unveils fund to link companies to cultural leaders

Andreessen Horowitz unveiled a Cultural Leadership Fund with the dual aim of encouraging more young African Americans to enter the technology industry and linking tech companies to cultural leaders, including those from the African American community.

Industry Ventures to raise technology buyout fund

Industry Ventures has set out to raise a technology buyout fund, according to a filing with the SEC.

Palestinian VC Sadara: building startups in a challenging environment