Fundraising

NXTP Labs targeting $120 mln for venture fund

NXTP Labs is raising a venture fund targeted at $120 million. The firm makes investments at the Seed, Series A or B stage in technology companies located in Latin America, according to its website.

Osage University Partners targets $250 mln for third fund

Osage University Partners is seeking to raise $250 million for its third fund, according to an SEC filing. The Bala Cynwyd, Pennsylvania-based venture firm invests in startups that commercialize university research.

Mercury Fund seeks $125 mln for fourth fund

Mercury Fund, an early-stage investor that backs startups in the middle of the United States, is seeking to raise $125 million for its fourth fund, according to a regulatory filing. The firm was formerly known as DFJ Mercury, but rebranded in 2012 before raising $105 million for its third fund, which closed in 2013.

Redpoint Ventures gathers $400 mln for seventh fund

Redpoint Ventures has closed its seventh fund at $400 million, according to a blog post. In May 2015, the venture firm also raised $400 million for its sixth fund, as previously reported by PE HUB.

Social Capital claims its CaaS initiative has exceeded expectations

MetaProp wraps up second venture fund at $40 mln

MetaProp has closed its second venture fund at $40 million. MetaProp Ventures II will invest between $150,000 and $2 million in up to 40 new PropTech software, internet of things hardware and tech-enabled services startups. The fund's limited partners include RXR, PGIM Real Estate, Cushman & Wakefield, CBRE, JLL Spark and Altus Group.

Act One Ventures targets $30 mln for sophomore fund

Act One Ventures is seeking to raise $30 million for its second fund, according to an SEC filing. The Los Angeles-based venture firm invests in "business software at the seed stage, and in commercially viable scientific research ready to transition out of the lab."

Social Capital reins in ambitious growth-stage investment plans

Impact America Fund to raise $50 mln venture-capital fund

Impact America Fund has set out to raise a $50 million venture-capital fund, according to a filing with the SEC.

Govtech Fund rakes in about $25 mln for sophomore fund

Govtech Fund has raised about $25 million for its second fund, according to an SEC filing. The San Francisco-based venture firm invests in government tech startups.