Private Equity
5 min read · 05 January 2017
SOSV, an accelerator-based venture firm, has raised $150 million for its first fund open to external investors. SOSV III's limited partners include the IFC, a member of the World Bank Group, the Lemelson Foundation, The Russell Family Foundation and Austin Hearst.
2 min read · 04 January 2017
Streamlined Ventures is seeking to raise $40 million for its second fund, according to an SEC filing. Based in Palo Alto, California, the venture firm is focused on mobile, social and enterprise web companies.
1 min read · 04 January 2017
U.S. venture capital firm Versant Ventures has closed its sixth life sciences fund, Versant Venture Capital VI, at its hard-cap target of $538 million (US$400 million). Fund VI, which was oversubscribed, secured commitments from both new and existing limited partners, including Canadian investors Teralys Capital, Northleaf Capital Partners, HarbourVest Canada Growth Fund and Fonds de solidarité FTQ. The fund will invest in up to 25 healthcare companies with an emphasis on novel therapeutics in the United States, Canada and Europe. Versant co-led Canada's largest venture round in 2016, the US$225 million financing of Toronto's BlueRock Therapeutics.
3 min read · 03 January 2017
Fintech Collective is seeking to raise $100 million for its second fund, according to an SEC filing. Based in New York, the venture fund focuses on financial services tech companies.
1 min read · 03 January 2017
Flyover Capital has raised about $46 million for its debut tech fund, according to an SEC filing. Based in Leawood, Kansas, Flyover's portfolio companies include Abodo, Agrible and Bulu Box.
1 min read · 03 January 2017
Versant Ventures has closed its oversubscribed sixth healthcare-focused fund at a hard cap of $400 million. Fund VI will target between 20 and 25 biotech companies in the U.S., Canada and Europe. The firm is expected to deploy its initial investment from the fund in the first quarter of this year.
3 min read · 03 January 2017
Don’t bank on a repeat of last year’s record fundraising, but investing confidence may gather steam
6 min read · 03 January 2017
10 min read · 02 January 2017
Alpha Venture Partners has raised $18.35 million for its second fund, according to an SEC filing. The target was not specified in the document although a previous news item reported it to be $100 million.
1 min read · 30 December 2016