Fundraising

Rosecliff collects almost $75 mln for sophomore fund

Rosecliff Venture Partners has raised almost $75 million for its second fund, according to an SEC filing. The New York City-based venture firm invests in startups.

Fonds de solidarité FTQ posts 7.5 pct return, $14.3 bln in assets

Fonds de solidarité FTQ reported comprehensive income of $1 billion for its fiscal year ended May 31, 2018. It posted an overall annual return of 7.5 percent, driven by an investment portfolio return of 14.1 percent. As a result, total net assets of the Montréal-based development-capital investment firm increased to $14.3 billion. During the year, the Fonds invested $1.1 billion, primarily in Québec-based businesses. At the end of May, it had 2,839 partner companies and 667,417 shareholders.

Canaan, Longitude, IVP head up maturing venture portfolio at LA pension

Relentless Venture Fund wins founding investment from Vancity

Relentless Venture Fund (RVF), a health technology venture capital fund managed by Relentless Pursuit Partners, has secured an undisclosed founding investment from Vancity. RVF will invest in early-stage financings of preventative and proactive technology solutions that help optimize health, activity and longevity. Its debut investment backed the $33.2 million round of Vancouver-based medical data company Canary Medical Inc, announced in May. RVF is led by General Partner Brenda Irwin. She is also managing partner of Vancouver investment and consulting firm Relentless.

Silvershore raises $110.8 mln for a second opportunity fund

Silvershore has raised $110.8 million for a second opportunity fund, according to a filing with the SEC.

Ex-Sequoia Partner Mickey Arabelovic raises $79.1 mln for Telescope Partners

Telescope Partners has raised a $79.1 million maiden venture-capital fund, according to a filing with the SEC.

Andra Capital seeks $1 bln token sale as it's the latest firm to put venture on the blockchain

Nebari Ventures targets $15 mln for fund

Nebari Ventures is seeking to raise $15 million for its new fund, according to an SEC filing. The New York City-based venture firm invests in early stage consumer companies, focusing on food and beverage.

Earlybird wraps up sixth early-stage fund

Earlybird Venture Capital has closed its sixth early-stage fund at 175 million euros. The fund will focus mostly on early-stage digital technology opportunities in German-speaking countries, Nordic countries, UK, Benelux, France and Southern Europe.

Maniv Mobility to raise $80 mln second venture-capital fund

Maniv Mobility has set out to raise an $80 million second venture-capital fund, according to a filing with the SEC.