Fundraising

Midwest venture firm Mutual Capital collects $15.8 mln for third fund

Westlake, Ohio-based venture firm Mutual Capital Partners has raised $15.8 million for its third fund, according to an SEC filing. The target is $50 million.

Madrona’s Ryan Metzger makes the case for a growth officer

Spark raises $606 mln for second growth fund

Spark Capital has raised $606 million for a second growth fund, according to a filing with the SEC.

Reciprocal Ventures targets $60 mln for debut fund

Reciprocal Ventures is seeking to raise $60 million for its inaugural fund, according to an SEC filing. Based in New York City, the venture firm focuses on fintech.

IFC invests $2 mln in SeedPlus

Singapore-based SeedPlus, a seed-stage venture fund, has raised $2 million. The investor was IFC, a member of the World Bank Group. SeedPlus is focused on backing Asia tech startups.

TTV Capital wraps up fourth fund at $93 mln

TTV Capital has closed its fourth fund at $93 million. TTV Fund IV's limited partners include a sovereign wealth fund, endowments, foundations, family offices, Invest Georgia and strategic investors. Based in Atlanta, TTV invests in fintech businesses.

Pivotal bioVenture Partners closed over $300 mln for debut fund

Pivotal bioVenture Partners has raised over $300 million for its maiden fund. Pivotal bioVenture Partners Fund I will focus on backing early-stage biotech companies.

Blockchain Capital to raise third fund using digital tokens

Blockchain Capital said it will raise its third fund - Blockchain Capital III - from limited partners and through an additional fund offered via digital tokens, called the BCAP.

BluePoint Ventures targets $30 mln for second tech fund

BluePointe Ventures is seeking to raise $30 million for its second tech fund, according to an SEC filing. The San Mateo, California-based firm invests in startups focused on big data, cloud/SaaS, smart devices and media.

Fund performance: Tenaya leads a mid-decade portfolio for Pennsylvania LP