Fundraising

Break Trail Ventures targets $20 mln for maiden fund

Break Trail Ventures is seeking to raise $20 million for its debut fund, according to an SEC filing. Based in Columbus, Ohio and Boulder, Colorado, Break Trail is an early-stage venture firm.

Grand Angels targets $25 mln for new venture fund

Grand Angels, a Michigan-based regional investment group, is seeking to raise $25 million for its third venture fund. Grand Angels Venture Fund III will focus on emerging companies in the following sectors: advanced manufacturing and materials, advanced technologies in agriculture and food, life sciences and software.

Seven Peaks Ventures raises $21.1 mln for venture-capital fund

Seven Peaks Ventures has raised $21.1 million toward a $30 million second venture-capital fund, according to a filing with the SEC.

Defy defies the odds in funding Series A companies

Fund Performance: UTIMCO, vintages 2003 to 2005

Five Questions with Susan Choe of Katalyst Ventures

Coefficient Capital to raise $150 mln venture-capital fund

Coefficient Capital has set out to raise a $150 million maiden venture-capital fund, according to a filing with the SEC.

Monthly recap of fund briefs through Aug. 16

Vancouver Founder Fund secures $31 mln in close of Fund II

Vancouver Founder Fund (VFF) has closed its second seed-stage venture capital fund to invest in technology companies in the Pacific Northwest. VFF said Fund II raised more than twice the committed capital of Fund I, which raised $14 million in 2016. According to a report by BetaKit, the amount secured was $31 million. BDC Capital was Fund II's sole institutional investor, the report said. Fund II's debut investment was real estate marketing software platform AvenueHQ, which earlier in 2018 raised $4.5 million in a seed round. Vancouver-based VFF was founded in 2015 by Managing Partner Fraser Hall and Partner Dan Eisenhardt, who together formerly led Recon Instruments, and Partner Jay Rhind.

Pantera Capital raises $71.5 mln for third venture fund

Pantera Capital has raised $71.5 million for a third venture fund, according to a regulatory filing.