Fundraising

Creolus targets 60 mln euros for bioplastics fund

UK-based Creolus, which is focused on building the plastics industry of tomorrow, is seeking to raise 60 million euros for its first bioplastics fund. 5Capital Fund Placements is advising Creolus on the fundraising.

Investor confidence rises in Q1, despite valuations and cost of doing business in Silicon Valley

Magnetic Ventures targets $100 mln for maiden fund

Magnetic Ventures is seeking to raise $100 million for its inaugural fund, according to an SEC filing. The newly launched Magnetic Ventures will invest in early-stage medical tech companies.

Team 8 to raise $85 mln cybersecurity venture fund

Team 8 has set out to raise an $85 million second cybersecurity-focused venture-capital fund, according to a filing with the SEC.

Innovation Endeavors raises $333.5 mln for third fund

Innovation Endeavors has raised $333.5 million for its third fund, according to an SEC filing. With offices in Palo Alto, Tel Aviv and New York City, Innovation Endeavors invests in "visionary founders, transformational technology and emergent ecosystems for a new world."

KdT Ventures wraps up maiden fund

KdT Ventures, an early-stage venture firm focused on the intersection of technology and science, has closed its debut fund. No financial terms were disclosed. The fund's limited partners include institutional investment firms.

Madrona Venture Group raises $300 mln seventh venture fund

Walmart becomes SoftBank of ecommerce startups

Monthly recap of fund briefs, as of May 21

Cultivation Capital gathers over $15 mln for second life sciences fund, also raises $33.45 mln for second tech fund

St. Louis, Missouri-based venture firm Cultivation Capital has raised over $15 million for its second life sciences fund targeted at $30 million, according to an SEC filing. And in a separate SEC filing, the firm also raised $33.45 million for its second tech fund targeted at $40 million.