Fundraising

Work-Bench Ventures targets $40 mln for second fund

Work-Bench Ventures is aiming to raise $40,000 for its second fund, according to a regulatory filing. The firm, based in New York, is led by Jonathan Lehr and Jessica Lin. It co-invests in Series A and B deals in big data, AI, and data-driven security technologies.

Signal Peak Ventures seeks $150 mln for third fund

Signal Peak Ventures has filed to raise $150 million for its third fund, according to an SEC filing. The Salt Lake City-based venture firm backs a number of sectors that include internet, SaaS, enterprise software and mobile computing.

MCH Private Equity wraps up fourth mid-market fund

Spain-based private equity firm MCH Private Equity has closed its oversubscribed fourth middle market fund at a hard cap of 350 million euros. Eaton Partners served as the placement agent.

RM Global Partners bags $30 mln for Israeli biopharma fund

RM Global Partners has raised $30 million in the first close of its Israel-based biopharma fund. The RMGP Biopharma Fund will invest in the FutuRx portfolio, an Israel-based incubator founded by Johnson & Johnson, Takeda Ventures and OrbiMed.

Menlo Ventures raises oversubscribed $450 mln fund: Updated

Menlo raises $450 mln 14th early-stage venture fund

Menlo Ventures has raised a $450 million 14th fund for early-stage investing representing an increase over its previous fund.

Meridian Street Ventures raises half of targeted $20 mln

Meridian Street Ventures has raised $10 million of a targeted $20 million second fund from one investor, according to a regulatory filing. The firm, located on Meridian Street in Indianapolis, Indiana, is led by T. Scott Law, Jr. The firm focuses on seed and Series A deals in healthcare and B2B technologies.

Clarus raises $789.7 mln toward fourth venture fund

Germany's HTGF finds fertile ground for seed funding

Akkadian garners over $118 mln for fourth fund

Akkadian Ventures has raised over $118 million for its fourth fund, according to an SEC filing. No target was listed in the document. Based in San Francisco, Akkadian focuses on the software, internet and mobile sectors, making a typical investment between $250,000 and $10 million, as per its website.