Fundraising

U.S. leads venture-fund returns: report

XSeed Capital to raise $100 mln venture fund

XSeed Capital has set out to raise a $100 million venture capital fund, according to a filing with the SEC.

Sequoia Capital files with SEC to raise its mammoth global growth fund

Sequoia Capital has filed with the SEC to raise its mammoth global growth fund, though it did not provide an update on its progress, according to a document submitted to the agency.

MTech Capital targets $150 mln for venture fund

MTech Capital is targeting $150 million for a venture fund, according to a regulatory filing.

Caffeinated Capital rakes in $75 mln for third fund

Caffeinated Capital has raised $75 million for its third fund, according to an SEC filing. San Francisco-based Caffeinated Capital is an early-stage venture firm.

Volcanics Venture raises $72.8 mln for venture-capital fund

Volcanics Venture has raised $72.8 million toward a $100 million venture-capital fund, according to a filing with the SEC.

GTP buys into BIG’s software arm, launches Globalive BIGDEV

Globalive Technology Partners (GTP) has acquired a 51 percent stake in the software development arm of Business Instincts Group (BIG), a Calgary venture creation firm led by CEO Cameron Chell. No financial terms were released for the deal, which launches a joint venture called Globalive BIGDEV, a blockchain and machine learning software development and commercialization shop. It has six projects in development, five focused on blockchain and one on artificial intelligence. GTP, unveiled in January by Globalive Capital and the founders of Mundo Inc and VRG Capital, earlier this week announced its going public transaction and $30 million financing.

MassPRIM bets on Polaris Partners debut growth fund

DCM to raise $750 mln for ninth fund

DCM Ventures is seeking to raise $750 million for its ninth fund, according to an SEC filing. With offices in Beijing, Silicon Valley and Tokyo, DCM currently has over $3 billion under management, according to its website.

Pivotal China wraps up initial fund at $150 mln

Pivotal China has closed its inaugural fund at $150 million. Pivotal bioVenture Partners China USD Fund I will focus on incubating and building life sciences companies in China.