Private Equity
5 min read · 15 June 2017
Santa Clara, California-based Palo Alto Networks, a next-generation security company, is launching a $20 million venture fund. The fund will invest in early-stage cloud-based security startups. It will work with Greylock Partners and Sequoia Capital to identify and evaluate potential co-investments.
3 min read · 14 June 2017
500 Startups has raised an oversubscribed $35.28 million for a $30 million targeted fund focused on Japan, according to a regulatory filing. The filing said commitments were raised by 19 LPs. 500 Startups Japan is headed up by Managing Partner James Riney, who previously was a principal with DeNA‘s venture arm and before that was founder and chief exectuive of ResuPress in Tokyo.
1 min read · 14 June 2017
MetaProp Ventures announced a second fund targeted at $25 million, according to a regulatory filing. The New York-based firm is led by Aaron Block, Zachary Aarons, Zachary Schwarzman and Clelia Peters and invests in real estate technology startups, according to its website. In 2015, the firm raised an unspecified amount, according to Thomson Reuters.
1 min read · 14 June 2017
Generator Ventures has raised $51.4 million toward a venture capital fund, according to a filing with the SEC.
1 min read · 14 June 2017
Canadian venture capital firm and accelerator Extreme Venture Partners (EVP) has unveiled a third fund focused on immigrating international startups. The fund and EVP's accelerator will work in conjunction with Ottawa's Startup Visa Program to vet the companies abroad. If accepted, up to five members of a startup team and their families will be immigrated to a Canadian location of their choice. Initial investments of $50,000 to $100,000 will be made in more than 30 startups, which will also receive mentoring and other resources. EVP said it expects the fund initiative to result in some $25 million invested privately in up to 50 companies.
5 min read · 14 June 2017
Toronto-based Extreme Venture Partners has launched its third fund, which will focus on immigrating international startups. No target was specified. According to the venture firm and accelerator, the fund is planning on backing up to 50 startups, investing between $100,000 and $500,000 apiece.
4 min read · 14 June 2017
2 min read · 13 June 2017
The Fonds de solidarité FTQ said it will invest $1 billion in innovation and venture capital market activities over the next five years. The announcement was made at last week's Invest Canada '17 conference in Montréal, which was jointly sponsored by the Canadian Venture Capital and Private Equity Association and Réseau Capital. The Fonds participates in the domestic venture capital market via direct investments and commitments to specialized funds. It also backs a variety of ecosystem development programs. Based in Montréal, the Fonds oversees $12.2 billion in net assets.
2 min read · 13 June 2017
MedMen has raised $60 million for its cannabis-focused MedMen Opportunity Fund, according to a filing with the SEC.
1 min read · 13 June 2017
