Private Equity
NextBlock Global, a Toronto-based digital asset investment company, has secured $20 million in financing. The investors in the round were not disclosed. Recently launched by Founder and CEO Alex Tapscott, NextBlock is focused on investing in entrepreneurs and startups in the global market for digital assets, such as Bitcoin and Ethereum. Tapscott said his company has encountered demand from institutional and strategic investors looking to gain exposure to blockchain and cryptocurrency technology opportunities. NextBlock will use the funds raised to create a diversified portfolio of investments in the space. Tapscott is the co-author of Blockchain Revolution.
3 min read · 31 July 2017
Blue Lake Capital is seeking to raise $200 million for its second fund, according to an SEC filing. The Chinese venture firm focuses on a wide number of sectors that include technology, media, telecommunications, big data, travel, education and auto sectors.
1 min read · 28 July 2017
3 min read · 27 July 2017
A new fund called Gigafund, led by two members of Founders Fund, is seeking $100 million in capital, according to a regulatory filing. The listed partners at Gigafund are Luke Nosek, one of the early employees of PayPal and a partner at Founders Fund, and Stephen Oskoui, who's LinkedIn profile says he is a venture partner at Founders Fund. The listed address of Gigafund is 1220 Seaport Blvd. in Redwood City, California, the same address as law firm Gunderson Dettmer.
1 min read · 27 July 2017
Northern Light Venture Capital is seeking to raise $30 million for its fifth fund, according to an SEC filing. The Chinese venture firm focuses on tech and consumer service companies.
1 min read · 27 July 2017
2 min read · 27 July 2017
Israel-based Maniv Mobility, a venture firm focused on mobility tech, has raised over $40 million for its debut fund. According to Maniv, that figure was twice its target. The limited partners in the fund include OurCrowd, InMotion Ventures, Valeo, hedge funds and family offices.
5 min read · 26 July 2017
Canaan Partners, an investor in Kabam, Lending Club and Ebates, has filed to raise its 11th fund. No fund amount was listed on the regulatory filing. The Menlo Park, California firm raised $675 million for its 10th fund in 2014.
1 min read · 25 July 2017
LiveOak Venture Partners is targeting $110 million for its second fund, according to an SEC filing. Based in Austin, Texas, the venture firm makes early-stage investments in technology and tech-driven services.
1 min read · 25 July 2017
TenOneTen Ventures is seeking to raise $50 million for its second fund, according to an SEC filing. The Los Angeles-based venture firm backs tech startups.
1 min read · 25 July 2017
