Fundraising

Distributions from Sequoia to UC fall, but asset value is higher

Greenspring Associates targets $100 mln for second micro fund

Greenspring Associates is raising a second micro fund targeted at $100 million, according to a regulatory filing. The firm, based in Owings Mills, Maryland, and Palo Alto, California, is led by Ashton Newhall, James Lim and Eric Thompson.

TetraVue lands funding

Vista, California-based TetraVue, a provider of advanced 3D technology, has secured an undisclosed amount of funding. TetraVue's backers include KLA Tencor, Lam Research, Tsing Capital, Robert Bosch Venture Capital GmbH, Samsung Catalyst Fund and Nautilus Ventures.

Temasek, Tencent among backers of Real Ventures IV’s C$180 mln close

Temasek, Tencent among backers of Real Ventures IV’s $180 mln close

Real Ventures has raised $180 million for its fourth early-stage fund with the help of an expanded LP base, including two powerhouse Asian investors won over by the firm’s artificial-intelligence strategy. The Montréal venture firm this week announced the close of Real Ventures IV at its hard cap. It is backed by more than 60 LPs, among them new LPs Caisse de dépôt et placement du Québec, Boston-based HarbourVest, Singapore sovereign-wealth fund Temasek and Chinese tech giant Tencent. They join returning LPs Teralys Capital, BDC Capital and Investissement Québec.

Y Combinator to raise second and third venture funds

Y Combinator submitted financial documents for a second and third venture fund, according to filings with the SEC.

Lux Capital to raise $300 million co-investment fund

Lux Capital has set out to raise a $300 million co-investment fund, according to a filing with the SEC.

Mindset Ventures targets $25 mln for sophomore fund

Brazil-based Mindset Ventures is seeking to raise around $25 million for its second fund. The fund will focus on investing between $200,000 and $1 million apiece in startups in the U.S. and Israel.

Mike Arrington launches $100 mln cryptocurrency hedge fund

Mike Arrington announced today the launch of Arrington XRP Capital, a new $100 million cryptocurrency hedge fund denominated in XRP, the digital currency developed by enterprise blockchain global payments company Ripple. Arrington, the founder of startup news site TechCrunch and venture firm CrunchFund, announced the fund in a blog post and at the Consensus Invest conference in New York.

OrbiMed, Canaan, W Capital top maturing venture portfolio at UC