Fundraising

Iron Pillar to raise a $150 mln venture capital fund

Iron Pillar has set out to raise a $150 million venture capital fund, according to a filing with the SEC.

Moment Ventures targets $50 mln for second fund

Moment Ventures has raised $12.5 million for its sophomore fund, according to an SEC filing. The target was $50 million. Based in Palo Alto, California, Moment is a seed and early-stage venture firm that invests in the infrastructure of everything companies.

Warren Weiss' WestWave Capital to raise $35 mln

WestWave Capital has set out to raise $35 million for a maiden venture fund. The firm is being run by Warren "Bunny" Weiss, presently a general partner at Foundation Capital.

Peate Ventures seeks to raise $50 mln for second fund

Los Angeles-based Peate Ventures has raised $1.75 million for its second fund, according to an SEC filing. The target is $50 million. The firm invests in insurance technology, digital health and entertainment companies.

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Maveron targets $15 mln for sixth entrepreneurs' fund

Seattle and San Francisco-based venture firm Maveron has raised $9.975 million for its sixth entrepreneurs' fund, according to an SEC filing. The target is $15 million.

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Google launches Gradient Ventures to invest in AI

Google, whose interest in artificial intelligence includes its Google.ai project to incorporate AI technology across all of its products, has launched Gradient Ventures on Tuesday as an independent investment vehicle. The amount of capital available to invest was not disclosed. The firm will invest in early-stage startups focused on AI and also provide portfolio companies with resources and access to experts and boot camps in AI, according to a blog post by co-founder and Managing Partner Ann Patterson.

Autotech Ventures scores over $120 mln for maiden fund

Silicon Valley-based Autotech Ventures has raised more than $120 million for its debut fund. The fund will focus on backing ground transportation startups. The fund's investors include BorgWarner and Autoliv.

BioCrossroads raises $5 mln for $12 mln seed fund

Indianapolis-based BioCrossroads has raised $5 million for its targeted $12 million third fund, Indiana Seed Fund III, according to a regulatory filing. As part of the Central Indiana Corporate Partnership, BioCrossroads invests in life sciences companies based in Indiana and is led by David Lawther Johnson. Three investors have committed to the fund, according to the filing.