Fundraising

Flying Fish raises $2.5 mln for its coffers

Seattle-based Flying Fish Venture Partners has raised $2.5 million for its inaugural fund, Flying Fish Fund I, according to a regulatory filing. The target fund size is not known, but the firm raised the commitments from 13 investors, according to the reg filing. The firm, founded by a team of Seattle angel investors, invests in Pacific Northwest startups in cloud computing, artificial intelligence, speech and natural language, machine learning and Internet of Things, according to its website. The listed partners are Geoff Harris, Heather Redman and Frank Chang.

Sure Ventures seeks to raise undisclosed fund size

Sure Ventures, a San Francisco-based firm focused on early-stage insurtech deals, filed a regulatory document seeking to raise its inaugural fund. A target amount was not listed. The firm is led by Gopinath Rangan, a co-founder of INSEAD Angels and an adviser with Village Capital and Plug and Play Tech Center, according to his LinkedIn.

Base10 Partners changes fund name, raises $83.8 mln

Base10 Partners has raised $83.8 million toward a $125 million target for its first fund, according to a regulatory filing. The fund, Base10 Partners I, was previously known as Urizen Early Stage Ventures II, and has secured commitments from 12 investors, according to the filing. The San Francisco firm is led by Adeyemi Ajao and TJ Nahigian. Base10 focuses on investing in companies working with automation and intelligent software, according to its website.

Sequoia to raise third scout fund

Sequoia Capital has set out to raise a third scout fund, according to a filing with the SEC.

One Way Ventures gathers over $16 mln for maiden immigrant-focused fund

One Way Ventures has raised over $16 million for its debut fund, according to an SEC filing. The target is $50 million. The Boston-based venture firm is focused on backing tech companies founded by immigrants.

Venture capital goes to school

Tech diversity needs to extend to institutional investors

Jurvetson steps down from DFJ

EnerTech Specialty Finance launched to tap PACE market

EnerTech Capital has partnered with Pivotal Funds to form EnerTech Specialty Finance, a specialty finance vehicle that will target opportunities in the U.S. property assessed clean energy (PACE) market. The legislation-enabled PACE program helps commercial real estate owners secure private funding for renewable energy, energy efficiency and water conservation projects. The EnerTech PACE offering, managed by Pivotal's Howard Steinberg and Jonathan Globerman, will support a range of these projects. EnerTech, which has offices in Calgary, Montréal, Toronto and the United States, invests in energy and power technology companies.

EcoMachine Ventures targets 10 mln pounds for inaugural fund

London-based EcoMachines Ventures is seeking to raise 10 million pounds for its maiden fund. EMV EIS Fund I will focus on companies in the energy, industrial high-tech, resource efficiency and transport sectors. The fund is expected to close in March 2018. Sapphire Capital Partners is managing the fund while Mainspring Nominees Limited is its custodian.