Private Equity
Boston-based First Star Venture Fund II LP is seeking to raise $50 million, according to an SEC filing. Andrew Volpe and Ruiyi Liu are listed as general partners on the document.
1 min read · 06 March 2017
Hummer Winblad Venture Partners has raised almost $30 million for its seventh fund, according to an SEC filing. The target is $125 million. Based in San Francisco, the venture firm invests in early-stage enterprise software companies.
1 min read · 06 March 2017
Lisa Melchior, a former managing director of OMERS Private Equity, has launched a new investment firm that targets a key capital gap faced by Canada’s late-stage tech companies. Melchior, a 17-year OMERS veteran, founded VERTU Capital in November. She told PE Hub Canada the decision was inspired by her belief that many quality Canadian tech companies lack sufficient funding to leverage early commercial success. “I spent over 20 years on Bay Street in an institutional environment, much of it leading OMERS North American technology group,” Melchior said. “When I left, I felt I wanted to work with entrepreneurial teams and tech companies seeking breakout growth and needing a partner to get there.”
3 min read · 06 March 2017
2 min read · 04 March 2017
China-focused early stage investment firm Banyan Capital has raised $350 million for its third venture fund, according to an SEC filing. Two years ago, the firm closed its second fund at $362 million.
1 min read · 03 March 2017
1 min read · 02 March 2017
European venture firm Sofinnova Partners has raised 106 million euros for its first industrial biotech fund. Sofinnova Industrial Biotech I will focus on the renewable chemistry sector.
3 min read · 02 March 2017
1 min read · 02 March 2017
1 min read · 02 March 2017
Next Coast Ventures, of Austin, has closed its debut at $85 million. Investors of Fund I included institutional investors, funds of funds and family offices. The pool will invest in companies in the education, retail, B2B and B2C sectors.
2 min read · 02 March 2017
