Fundraising

AutoTech Ventures holds initial close on $150 mln fund

Palo Alto, California-based AutoTech Ventures has raised $44.8 million toward a $150 million fund, according to a regulatory filing. The commitments came from 13 LPs, according to the filing. The firm, which is led by Alexei Andreev and Quinn Garcia, invests in early-stage transportation-related startups.

Information VP II nears $100 mln target with help from RBC, Power Financial

Information Venture Partners is fast approaching the $100-million target set for its second VC fund, thanks in part to partnerships with Canada’s largest bank and other financial heavyweights eager to gain access to emerging fintech opportunities. The Toronto-based firm today announced the $96 million second close of Information Venture Partners II, earmarked for investments in financial technology and enterprise software companies. The fund is expected to meet or surpass its final goal later this year, General Partners Robert Antoniades and David Unsworth told PE Hub Canada.

First Round raises $175 mln for sixth fund, Howard Morgan to step aside

First Round Capital said it raised $175 million for its sixth seed-stage fund and that firm co-founder Howard Morgan would step aside at the end of the year.

500 Startups raises $49.6 mln toward fourth fund

500 Startups has raised $49.6 million toward a fourth fund, according to a filing with the SEC.

Lewis & Clark Ventures collects $20 mln for initial plant sciences fund

St. Louis-based Lewis & Clark Ventures has raised $20 million for its inaugural plant sciences fund, according to an SEC filing. The target is $45 million.

500 Startups raises an initial $19.5 mln for Japan fund

500 Startups has raised more than $19.5 million for a $30 million targeted fund focused on Japan, according to a regulatory filing. The filing for 500 Startups JP lists co-founders Dave McClure and Christine Tsai, as well as James Riney, who heads up 500 Startups Japan.

Illinois Municipal commits $20 mln to healthcare investor Versant Ventures

ADVISORY - Story on Asenqua Ventures fundraising withdrawn

Ten Eleven raises $77.5 mln toward venture fund

Ten Eleven Ventures has raised $77.5 million toward a venture fund and $26.2 million toward a growth fund, according to filings with the SEC.

TTV Capital collects over $68 mln for fourth fund

TTV Capital has raised over $68 million for its fourth fund, according to an updated SEC filing. The target is $100 million.