Fundraising

Claritas collects $40 mln for fund

Claritas Capital has raised $40 million for its latest fund, according to an SEC filing. Based in Nashville, Claritas focuses on healthcare, technology and business services.

Qiming to raise $125 mln U.S. health care fund

Chinese venture capital firm Qiming Venture Partners has set out to raise a $125 million U.S. health care fund, according to a filing with the SEC.

Playground Global collects $40 mln for fund

Playground Global LLC has raised $40 million for its newest fund, according to an SEC filing. The Palo Alto, California-based firm, founded by former Android chief Andy Rubin, invests in and incubates startups building software-based hardware.

Northwestern Mutual forms new venture unit

Northwestern Mutual has launched Northwestern Mutual Future Ventures, which will invest a total of $50 million in tech startups that "transform how consumers experience and achieve financial security." Each investment will range between $500,000 and $3 million.

Caterpillar Ventures signs on to McRock Capital's IIoT fund

Canadian venture capital firm McRock Capital has reopened McRock iNFund LP, which raised $65 million in April 2015, to admit a new strategic investor. Caterpillar Ventures, the venture arm of Caterpillar Inc, committed undisclosed capital to the fund. Caterpillar's John Carpenter said the investment will help the U.S. industrial manufacturer keep abreast of new technologies and startups in the Internet of Things (IoT) space. Caterpillar joins two other strategic investors in the McRock fund, Cisco Systems and EDF, as well as other limited partners. McRock's recent deals include last November's $6 mln Series A financing of Decisive Farming Corp.

VC fundraising recap: 2017 picks up where last year left off

Eclipse raises $184 mln second fund and $125 mln continuity fund

Eclipse Ventures has raised a second fund at $184 million, according to a filing with the SEC.

Correlation closes second fund at $200 mln

Correlation Ventures said it has closed its second fund at $200 million, according to a press release.

Calibrate Ventures targets $100 mln for initial fund

Calibrate Ventures is seeking to raise $100 million for its inaugural fund, according to an SEC filing. The Los Angeles-based early-stage venture firm focuses on connected platforms, enterprise SaaS and commerce companies.

Venture investing declines in the Q4, but annual fundraising is strong

Venture capitalists deployed $12.7 billion to 1,736 companies in the fourth quarter as the pace of activity in the United States slowed for the second straight quarter, according to a report by PitchBook and the National Venture Capital Association.