Fundraising

ICONIQ Strategic Partners nabs over $570 mln for new fund

ICONIQ Strategic Partners has raised $570.44 million for its third fund, according to an SEC filing. No target was listed on the document. The San Francisco-based venture firm was launched in 2013 by Will Griffith, formerly with Technology Crossover Ventures.

Congruent Ventures targets $200 mln for fund

Congruent Ventures is seeking to raise $200 million for its initial opportunity fund, according to an SEC filing. Based in Oakland, California, Congruent invests in clean energy.

Cathay Innovation raises $320 mln for inaugural venture fund

Cathay Innovation has closed its debut venture fund at $320 million. The fund's investor base includes Bpifrance, CDB Capital, BNP Paribas Cardif, Groupe ADP, Groupe Artemis, Groupe SEB, Joyoung, Michelin, Total and Valeo. Cathay Innovation will back 20 to 25 early-growth tech startups, with initial commitments between $3 million and $15 million.

Fund performance: Menlo, TCV hold top spots in a Washington State portfolio

Dave McClure steps away from 500 Startups over inappropriate behavior

Dave McClure has stepped away from 500 Startups, the venture firm he co-founded in 2010, because of “inappropriate interactions with women in the tech community."

IDG Capital to raise $589 mln fifth Chinese venture capital fund

IDG Capital has set out to raise a $589 million fifth Chinese venture capital fund, according to a filing with the SEC.

Miami accelerator TheVentureCity seeks to raise $100 mln

The newly launched Miami-based tech accelerator TheVentureCity is seeking to raise $100 million, according to a regulatory filing. The organization is led by co-founders Laura González-Estéfani, a former director of international business development and mobile partnerships at Facebook, and Clara Bullrich, a 20-year private banking and asset management veteran who most recently was managing partner for Guggenheim Partners Latin America.

Fairview raises $86.6 mln toward a $250 mln fourth fund

Fairview Capital has raised $86.6 million toward a $250 million fourth fund, according to a filing with the SEC.

In wake of Binary Capital scandal, VC firms dust off sexual harassment policies

Playground Ventures seeks to raise $15 mln affiliates fund

Playground Ventures is raising a $15 million affiliates fund in addition to its $500 million second fund, according to a filing with the SEC. The firm invests in companies developing software-defined hardware, including mobile-linking platform Branch, RightHand Robotics and IoT video conferencing hardware company Owl Labs, according to its website. The Palo Alto-based venture firm and its affiliated tech incubator Playground Global is run by Andy Rubin, co-founder of Android, and Peter Barrett, Matt Hershenson and Bruce Leak.