Private Equity
Mithril Capital has raised over $740 million for its second fund, according to an SEC filing. Co-founded by Peter Thiel, San Francisco-based venture firm focuses on the technology, macroeconomics and finance sectors.
1 min read · 20 January 2017
Causeway Media Partners is targeting $175 million for its second fund, according to an SEC filing. The Boston-based venture firm focuses on sports media, entertainment and related companies.
1 min read · 18 January 2017
New Enterprise Associates is seeking to raise $3 billion for its 16th fund, according to an SEC filing. In April 2015, NEA closed its previous fund at over $3.1 billion.
1 min read · 18 January 2017
3 min read · 17 January 2017
Israeli vintage-2016 venture funds raised $1.4 billion and are expected to raise another $200 million in 2017, which would put the total for the vintage year 6.7 percent above vintage 2015. In 2016, 23 venture funds raised money compared with 19 in vintage 2015, the IVC Research Center, the trade group for the Israeli VC industry, said in a report.
1 min read · 17 January 2017
Serena Capital said Jan. 17 that it has launched Serena Data Ventures, a fund dedicated to investing in big data and artificial intelligence in Europe. Institutional investors and large corporate groups have committed close to 80 million euros ($85.7 million) to Serena Data Ventures. The new fund will invest between 500,000 and 3 million Euros in the first financing rounds. Serena Data has invested in Heuritech, a French startup that specializes in deep learning technologies.
3 min read · 17 January 2017
Ontario Capital Growth Corp (OCGC), the Ontario government's venture capital agency, has launched a search process for one or more managers to help it form and administer a proposed Cleantech Equity Fund. The fund, which will be anchored with $55 million authorized by the 2016 Ontario Budget, will focus on investing in high-growth clean technology companies located in the province. The government's anchor commitment is expected to leverage a minimum of 1.5x its weight in commitments from other investors. OCGC said it will participate in the fund on the same terms as other limited partners.
3 min read · 16 January 2017
European venture capital rebounded in the fourth quarter with both money raised and capital invested rising, according to Dow Jones VentureSource.
1 min read · 16 January 2017
Chicago-based Salveo Capital, a venture firm focused on investing in the legal cannabis sector, has raised $1.69 million for its inaugural fund, according to an SEC filing. The target is $25 million.
1 min read · 16 January 2017
3 min read · 16 January 2017