Fundraising

Renaissance backs Next Coast Ventures

Austin, Texas-based Next Coast Ventures, a venture fund that focuses on early-stage tech businesses, has secured an undisclosed amount of funding. The investor is Renaissance Venture Capital Fund.

Fund performance: Longitude, DCM, Bay top mid-decade venture portfolio

Peninsula Ventures collects $7.85 mln for fourth fund

Peninsula Ventures has raised $7.85 million for its fourth fund, according to an SEC filing. The target is $20 million. Based in San Mateo, California, Peninsula backs early-stage tech companies.

How VCs lost their minds in consumer (again)

Venture fundraising rises in Europe but startup investments fall in Q1

Venture fundraising in Europe rose briskly during the first quarter, but investments in startups fell, according to Dow Jones VentureSource.

UConn collects $1.5 mln for early-stage fund for school-affiliated business startups

The University of Connecticut has raised $1.5 million for its early-stage fund for new business startups affiliated with the school. UConn Innovation Fund was launched in partnership with Connecticut Innovations and Webster Bank. The fund invests $100,000 apiece to companies founded by students, faculty members and alumni of the university. So far, UConn Innovation Fund has provided capital to three startups: Torigen Pharmaceuticals, which is focused on providing veterinary cancer care solutions for companion animals; Bioarray Genetics Inc, a cancer-focused molecular diagnostics company; and Shoreline Biome, a human microbiome startup.

U.S. venture capital firm raises $10 million in six-hour token sale: Reuters

U.S.-based venture capital firm Blockchain Capital LLC said on Thursday it raised $10 million in six hours in a sale of its digital tokens to investors. The company did not say when the sale occurred.

Growth Street Partners raises $70 mln for inaugural fund

Data spotlight: NEA tops list of most active VCs in March

DFJ Growth raises $535 mln third fund

DFJ Growth has closed a third fund at $535 million, according to a Medium blog post.