Private Equity
Redpoint eventures has set out to raise a $130 million venture-capital fund, according to a filing with the SEC.
1 min read · 04 May 2018
San Francisco-based early-stage venture firm Yes VC is seeking to raise $50 million for its debut fund, according to an SEC filing. Yes VC was formed by Jyri Engeström, a former entrepreneur in residence at True Ventures and Caterina Fake, a founding partner at Founder Collective.
1 min read · 04 May 2018
1 min read · 04 May 2018
Canadian venture capital firm Golden Ventures has raised $72 million in committed capital for its third seed-stage fund. Golden Ventures III, the firm's largest fund to date, was backed by a range of new and returning limited partners. They include: Cendana Capital, Foundry Group Next, HarbourVest Partners, Kensington Capital Partners, Northleaf Capital Partners, Teralys Capital and Venture Investment Associates. It will invest in 20 to 25 early-stage technology companies in Canada and the United States. With Fund III's close, Golden said it promoted Jamie Rosenblatt to principal and hired Marianne Bulger to head the firm's people and platform team.
4 min read · 03 May 2018
4 min read · 03 May 2018
Canada’s venture industry is entering a new evolutionary phase as leading firms unveil big, bold plans for scaling brands, taking on new challenges, and filling market gaps. INovia Capital, a 10-year investor in North American tech companies, provides the latest and perhaps most ambitious example of the trend. Last month iNovia said it would blend its longstanding early-stage focus with an ability to do growth-equity deals, an initiative reportedly allied with a major US$500 million ($640 million) fund launch.
4 min read · 03 May 2018
San Francisco-based Foresite Capital, a healthcare and life sciences investment firm, has closed its fourth fund at $668 million. The fund's limited partners include university endowments, pension funds, insurance companies and foundations.
3 min read · 03 May 2018
Dawn Capital has raised over $12.4 million for its third fund, according to an SEC filing. No target was listed on the document. London-based Dawn Capital is an early-stage venture firm that invests in European startups.
1 min read · 03 May 2018
Salesforce Ventures, the venture capital arm of U.S. technology giant Salesforce (NYSE: CRM), has launched the Canada Trailblazer Fund, a US$100 million ($128 million) fund to invest in startups and fuel cloud innovation and customer success in Canada. The fund has so far backed four technology companies. They are: Tier1CRM, a provider of cloud-based CRM solutions for the capital markets industry; Traction Guest, a developer of cloud-based visitor management systems; Tulip, a mobile application provider focused on empowering retail workers, and; OSF Commerce, a digital cloud transformation specialist focused on building multi-cloud and unified commerce projects.
5 min read · 03 May 2018
Salesforce Ventures has launched Canada Trailblazer Fund, a $100 million fund that will invest in Canadian startups. So far the fund has invested in Tier1CRM, a provider of cloud-based CRM solutions for the capital markets industry built on Salesforce; Traction Guest, a developer of cloud-based visitor management systems; Tulip, a mobile application provider focused on empowering workers in retail stores; and OSF Commerce, a digital cloud transformation specialist focused on building multi-cloud and unified commerce projects using Salesforce.
4 min read · 03 May 2018