Private Equity
1 min read · 01 March 2017
Clean energy investment platform CoPower announced the first $2.5 million tranche of its $20 million issuance of green bonds is now available to individual investors. The first tranche is backed by two portfolios of loans to more than 150 LED lighting retrofit projects in condominiums in Ontario, British Columbia and Alberta. CoPower said it expects the next loans to be added to the portfolio will come from geoexchange heating and cooling projects in Québec and solar projects in Ontario. The bonds program was backed earlier this month with $1 million in financing from Vancity Capital Corp.
4 min read · 01 March 2017
Aberdeen Asset Management has raised $93 million toward a $200 million venture fund of funds, according to a filing with the SEC.
1 min read · 01 March 2017
Lux Capital, which invests in robotics, drones, driverless cars, 3D technologies, VR, AR and related scientific technologies, announced in a blog post it has raised $400 million for a new venture fund. Fund V is nearly 15 percent larger than the $350 million the firm raised for Fund IV, which closed in 2015, according to Thomson Reuters. As part of the fund close, Lux also announced Renata Quintini has joined the firm as a partner. She previously was a general partner with Felicis Ventures, which she joined in late 2011 and where she invested in Dollar Shave Club, Bonobos and MetroMile, among others. She also blogged on Medium about her decision to join the Lux team, which she says she met eight years ago.
1 min read · 28 February 2017
Double M Partners has raised $18.3 million for its third fund, according to an SEC filing. The target is $40 million. The Los Angeles-based venture firm invests in internet, media, and communications companies.
1 min read · 28 February 2017
Venture Investment Associates, a manager of private equity fund-of-funds, has raised over $230 million for various new funds. They include the combined VIA VIII and VIII VC funds and a third iteration of VIA's seed technology partners funds. The investors in the new funds include endowments, foundations, high net-worth individuals, family offices, corporate pension funds and financial institutions.
2 min read · 28 February 2017
4 min read · 27 February 2017
1 min read · 27 February 2017
Anorak Ventures has raised $13 million for its debut fund, according to an SEC filing. Based in San Francisco, the venture firm focuses on early-stage disruptive technology.
1 min read · 27 February 2017
TouchBistro, which in October closed a $17 million Series B financing, has partnered with Thinking Capital to offer restaurants "a quick and convenient way" to secure financing. TouchBistro said restaurant owners and operators using its point-of-sale app can apply for funding from Thinking Capital for working capital or to support growth. With offices in Montréal and Toronto, Thinking Capital is an alternative lender to small and medium-sized businesses. Toronto-based TouchBistro is backed by BDC Capital, Huff Capital, Kensington Capital Partners, Relay Ventures, Round13 Capital and other investors.
5 min read · 27 February 2017
