Private Equity
The Business Development Bank of Canada (BDC) has entered into a partnership with Women's Enterprise Organizations of Canada (WECO) to support women entrepreneurs and increase their financing opportunities. BDC will work with five WEOC member organizations and some 90,000 women business owners who work with WEOC members at the national level. The agreement adds to BDC's other commitments, including a new target of $1.4 billion in lending to women-led businesses by 2021, announced in last week's federal Budget 2018, and $200 million of investment in women-led technology companies.
3 min read · 08 March 2018
Cherubic Ventures has set out to raise a fourth venture fund, according to a filing with the SEC.
1 min read · 08 March 2018
New York City-based ORIX Capital Partners, a middle-market private equity firm, has raised $160.3 million for its debut fund, according to an SEC filing. No target was listed on the document.
1 min read · 08 March 2018
India-based Prime Venture Partners, an early-stage venture firm, has closed its third fund at $60 million. The fund will invest in a number of sectors that include healthcare, education, logistics and fintech/financial services.
4 min read · 08 March 2018
Boca Raton, Florida-based Phyto Partners has launched its second cannabis venture fund Phyto II. The $100 million fund will back companies that provide business critical services and solutions to the growing cannabis sector.
2 min read · 08 March 2018
Dublin-based Allegion plc, a global security products and solutions provider, has launched Allegion Ventures, a $50 million corporate venture fund. Allegion Ventures will back early-stage companies. Allegion has teamed up with Touchdown Ventures to help in managing the fund.
2 min read · 08 March 2018
1 min read · 08 March 2018
4 min read · 07 March 2018
Mountain View, California-based The Fabric, a co-creation foundry focused on the cloud and infrastructure sector, has raised $15 million for its third fund. Fabric 3's investors include Verizon Ventures and March Capital Partners. The target is $20 million. The fund is expected to close by the end of April.
3 min read · 07 March 2018
Holland, Michigan-based Genesis Innovation Group, a developer of medical device technologies, has raised $7.2 million for its $10 million-targeted venture fund. Cultivate(MD) Capital Fund GP LLC will focus on backing early-stage healthcare companies, with a special emphasis on medical device and orthopedic technologies.
4 min read · 07 March 2018
