Fundraising

Accel raises $450 mln for fifth Indian fund

Starbust Accelerator and Leonie Hill roll out $200 mln aviation-focused venture fund

Starbust Accelerator and Leonie Hill Capital have raised $200 million for a new venture fund focused on aviation and aerospace startups. Starbust and Leonie Hill are expecting to deploy the first investments in the first quarter of next year.

Corporate VCs set 16-year investing record this year

Fonds de solidarité FTQ, Anges Québec to back real estate developers

The Fonds immobilier de solidarité FTQ, an affiliate of the Fonds de solidarité FTQ, and Anges Québec have joined forces to provide funding and coaching to Québec real estate developers. Over the next 18 months, the partners will back residential, commercial, office or industrial projects ranging from $5 million to $25 million. Fonds immobilier and Anges Québec said the initiative will support new and existing developers interested in launching construction projects, but which lack the necessary resources.

Builders VC Fund I LP targets $200 mln

Builders VC Fund I LP is seeking to raise $200 million for its fund, according to an SEC filing. Jim Kim, formerly with Formation 8, and Paul Lee, an ex-partner at Lightbank, are listed as general partners.

VC fundraising recap: Slow Ventures scores $145 mln for third fund, and more

WI Harper, Luxin and Shandong Leader to launch venture fund

WI Harper Group, Luxin Venture Capital Group and Shandong Leader Equity Investment Fund have agreed to launch a venture fund that will back promising startups in the U.S. and Greater China. The fundraising target was not specified.

Elah Fund targets $100 mln for debut fund

Elah Fund has raised over $17 million for its inaugural fund, according to an SEC filing. The target is $100 million. The Israeli fund will invest in medium-sized, export-oriented companies in the country's Negev and Galilee regions.

Slow Ventures collects $145 mln for third fund

Slow Ventures has raised $145 million for its third fund, according to an SEC filing. The San Francisco-based venture firm, which is run by ex-Facebook executives, focuses on early-stage tech companies.

Fondaction CSN commits $300k to clean energy investor CoPower

Online investment platform CoPower has received $300,000 from Fondaction CSN, a Québec private equity and venture capital firm. The commitment will help Montréal's CoPower to "scale quickly and strategically" in its mission to facilitate investment in energy efficiency and renewable energy generation projects, CEO David Berliner said. CoPower, which last year secured seed funding from Innovation Support and RBC, has so far deployed nearly $6 million to project loans across North America. Earlier in 2016, the firm issued its first green bond.