Private Equity
Next Frontier Capital is seeking to raise $40 million for its second fund, according to an SEC filing. Based in Bozeman, Montana, the venture firm backs tech companies that are in the state.
1 min read · 04 October 2017
3 min read · 04 October 2017
Capital régional et coopératif Desjardins (CRCD), a Québec retail private equity and venture capital fund, has accounted for $161.7 million in its 2017 fundraising year. The subscription level exceeded the $135 million ceiling set by the Québec government for tax-subsidized share sales. Montréal-based CRCD, which has more than 101,000 shareholders and manages net assets of more than $1.8 billion, reports committing $110 million to deals in the first half of 2017. Last year, Luc Ménard was appointed COO of the fund's manager, Desjardins Business Capital régional et coopératif.
3 min read · 03 October 2017
Sequoia Capital has raised $50.2 million for its Sequoia Capital China Venture VI Principals Fund, according to a filing with the SEC.
1 min read · 03 October 2017
Salesforce Ventures has raised $50 million for its newest fund. The Salesforce Impact Fund will focus on companies using Salesforce technology. So far, the fund has invested in companies that include Angaza, Ellevest, Hustle and ViridisLearning.
4 min read · 03 October 2017
Equity crowdfunding platform OurCrowd has formed a partnership with Cardumen Capital, a Spanish-Israeli venture capital fund focused on "deep tech" startups. Gonzalo Martinez de Azagra, the former head of Samsung Ventures Israel, is leading the fund.
3 min read · 03 October 2017
H Capital has set out to raise a $500 million fourth venture fund, according to a filing with the SEC.
1 min read · 02 October 2017
Canadian cannabis investment firm Green Acre Capital has closed its debut fund, Green Acre Capital Fund I, raising $25 million. Most committed capital was secured from wealthy investors, with York Plains Investment Corp, W. Brett Wilson and Aphria Inc providing lead commitments. The fund will target investments in Canadian growth-stage ancillary companies in the legal medical and recreational cannabis industry. Its initial deals include Tokyo Smoke, a cannabis lifestyle and retail brand, and a merger of smoke shop product distributors. Based in Toronto, Green Acre is led by Managing Directors Matt Shalhoub and Tyler Stuart.
2 min read · 02 October 2017
NFX is seeking to raise $150 million for its debut venture fund, according to an SEC filing. The firm invests in next-generation tech companies.
1 min read · 02 October 2017
3 min read · 02 October 2017