Fundraising

Phil Black of True Ventures on crypto deals and being named Venture Firm of the Year

Unitus raises $12.9 mln for second seed fund

The Unitus Seed Fund has raised $12.9 million for a second seed fund, according to a filing with the SEC.

AngelPad raises $35 mln toward third venture fund

Seed-stage accelerator AngelPad has raised $35 million toward a $50 million third venture fund, according to a filing with the SEC.

CDPQ commits $20 mln to Indian tech growth fund

Caisse de dépôt et placement du Québec (CDPQ) has made a US$20 million commitment to Fundamentum's debut growth fund. The target is US$100 million. Fundamentum Partnership-Fund I will focus on investing in India-based consumer and enterprise technology startups. The fund is expected to invest up to an average of US$15 million per company. Along with providing capital to the growth fund, CDPQ will explore making direct investments in portfolio companies. Fundamentum is based in Bangalore.

ZhenFund targets $190 mln for fifth fund

Beijing-based ZhenFund is raising a fifth venture fund, Zhen Partners Fund V, targeted at $190 million, according to a regulatory filing.

USVP targets $300 mln for 12th fund

U.S. Venture Partners is seeking to raise $300 million for its 12th fund, according to an SEC listing. The Silicon Valley-based venture firm invests in information technology and healthcare.

Avalon, Foundry, Third Rock lead 2007 venture portfolio at CalPERS

Alleged cryptocurrency fraud case: current landscape is 'regulatory maze'

Hitachi to invest in venture fund from Geodesic Capital

Hitachi said it will invest in a supplemental fund to Geodesic Capital's 2015 maiden venture-capital fund. The investment size was not disclosed.

Raine Group eyes $1 bln for TMT growth investing