Fundraising

Corporate venture cycle nears peak

Sante Ventures targets $200 mln for third fund

Sante Ventures is seeking to raise $200 million for its third fund, according to an SEC filing. The Austin, Texas-based venture firm invests in early-stage life sciences and healthcare companies.

Kindred Capital wraps up inaugural seed fund

London-based venture firm Kindred Capital has closed its debut seed fund at 80 million pounds (about $110 million). Kindred focuses on European tech companies. The firm gives entrepreneurs the opportunity to co-own the fund that invested in their business.

SoftBank, SVB lead emerging markets portfolio at CalPERS

Leawood Venture Capital collects $25 mln for fund

Leawood Venture Capital has raised $25 million for its new fund, according to an SEC filing. The Leawood, Kansas-based venture firm invests in early and expansion stage businesses.

Pender holds initial close of mid-stage technology fund

PenderFund Capital Management Ltd has held the first close of a new fund earmarked for investments in mid-stage private and public technology companies primarily located in Western Canada and Western United States. The amount raised by Pender Technology Inflection Fund I was not disclosed. The fund will be co-managed by Maria Pacella, Pender's senior vice president, private equity, and David Barr, the firm's president and CEO. It will target opportunities for developing "fundamental technologies," such as the convergence of health and technology, as well as data-driven technologies. Vancouver-based Pender is a mutual funds manager.

RRE Ventures collects $218.75 mln for seventh fund

RRE Ventures has raised $218.75 million for its seventh fund, according to an SEC filing. The target is $250 million. The New York-based venture firm backs software, internet and communications companies.

Causeway Media Partners raises $211.3 mln for sophomore fund

Causeway Media Partners has closed its second fund at $211.3 million, beating its $175 million target. The venture firm invests in sports media and sports tech-related companies.

MPM Capital to raise $400 mln venture fund

MPM Capital has set out to raise a $400 million venture fund, according to a filing with the SEC.

UC Berkeley's startup accelerator SkyDeck raises $24 mln for fund

SkyDeck, UC Berkeley’s startup accelerator, has closed its new oversubscribed fund at $24 million. The investors included Sequoia Capital and Mayfair Venture Capital.