Private Equity
British Virgin Islands-based Viceroy Capital Healthcare Ltd has raised $5.4 million for its latest fund, according to an SEC filing. No target was listed on the document.
1 min read · 08 June 2017
Costanoa Ventures is raising a third fund targeted at $175 million, according to a regulatory filing. Fund II raised $135 million, according to Thomson Reuters. The firm is based in Palo Alto, California, and is led by founder and Managing Partner Gregory Sands. It focuses on early-stage companies developing data-driven applications, business networks and marketplaces, the mobile economy, and agile infrastructure, according to its website. No investors have committed to the fund, according to the filing.
1 min read · 08 June 2017
Northleaf Venture Catalyst Fund (NVCF) has provided a $15 million lead commitment to Lumira Capital IV, a late-stage life sciences fund managed by Canadian venture capital firm Lumira Capital. With the commitment, NVCF, a fund of funds managed by Northleaf Capital Partners, reached full investment. Capitalized at $300 million in mid-2015, NVCF has committed to 13 funds and made 11 direct investments. It has backed Lumira funds since 2012. Last year, it invested alongside Lumira in Vancouver-based biotherapeutics company Zymeworks, which went public last month. NVCF is overseen by Northleaf Director Ian Carew.
3 min read · 08 June 2017
Northleaf Venture Catalyst Fund has provided $15 million in financing to Lumira Capital's fourth fund. With offices in Toronto, Boston and Montreal, Lumira Capital is a healthcare and life sciences-focused venture firm.
3 min read · 08 June 2017
Clairvest Group and Yaletown Partners are the 2017 recipients of the Canadian Venture Capital & Private Equity Association's (CVCA) Deal of the Year awards. Toronto-based Clairvest won in the private equity category for its recent sale of outdoor advertising business Cieslok Media Inc to Bell Media Inc. The sale provided Clairvest with cash proceeds equal to 8.4x invested capital and an IRR of 92 percent. Vancouver-based Yaletown won in the venture capital category for last year's sale of industrial internet platform Bit Stew Systems Inc to GE Digital. The sale gave Yaletown 7x on its initial outlay, and a total of 4.3x on combined rounds, resulting in an IRR of 98.3 percent.
6 min read · 08 June 2017
2 min read · 07 June 2017
World Innovation Lab has raised $236 million toward a second venture fund, according to a filing with the SEC.
1 min read · 07 June 2017
Ponoi Capital announced plans to raise a first fund targeted at $150 million, according to a regulatory filing. The San Francisco-based firm is led by David Goeddel, Peter Svennilson and Tim Kutzkey. No investors have committed to the fund, according to the filing.
1 min read · 07 June 2017
Lattice Ventures LLC has closed its maiden fund at over $2 million, according to an SEC filing. The New York City-based venture firm invests in "entrepreneurs who personally understand the problems they plan to solve," according to the website. Brittany Laughlin and Vanessa Pestritto are the firm's partners.
1 min read · 07 June 2017
1 min read · 07 June 2017
