Private Equity
Xiang He Fund I is raising $250 million, according to a filing with the SEC.
1 min read · 04 May 2016
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has committed $300,000 to Brightspark Investors Club Ontario. Brightspark Investors an early-stage angel investment network managed by Canadian venture capital firm Brightspark Ventures. The funds raised will help expand the network's angel investor membership, which currently stands at 300 accredited investors. Since its launch in 2013, Brightspark Investors has invested over $2.8 million in four information technology companies in Ontario.
3 min read · 04 May 2016
The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has committed $300,000 to Brightspark Investors Club Ontario. Brightspark Investors an early-stage angel investment network managed by Canadian venture capital firm Brightspark Ventures. The funds raised will help expand the network's angel investor membership, which currently stands at 300 accredited investors. Since its launch in 2013, Brightspark Investors has invested over $2.8 million in four information technology companies in Ontario.
3 min read · 04 May 2016
Heritage Group said it closed a second Healthcare Innovation Fund at $220 million, according to a press release. The fund exceeded its target by $20 million and is more than $50 million larger than the first Healthcare Innovation Fund.
4 min read · 02 May 2016
San Francisco-based Binary Capital, which raised $125 million for its debut fund in 2014, is seeking a second fund. No target is listed on the firm's regulatory document.
1 min read · 29 April 2016
Boston-based .406 Ventures, which last year closed its third early-stage fund with $217 million in commitments, has filed to raise $80 million for an opportunity fund, according to a regulatory document.
1 min read · 29 April 2016
1 min read · 28 April 2016
Sunstone Partners closed a $300 million first fund, Sunstone Partners I, according to a press release. The fund had an initial target of $200 million and was oversubscribed.
3 min read · 28 April 2016
Menlo Ventures has closed a $250 million opportunity fund targeting growth-stage investing in what it calls the venture-valley funding gap. It was the firm's first opportunity fund and was raised in six weeks.
2 min read · 28 April 2016
Shopify Inc (NYSE: SHOP) (TSX: SH) has unveiled Shopify Capital, a merchant cash advance product to help entrepreneurs secure growth financing. The product, which will be offered initially in the United States, tailors cash advances to a merchant's needs based on data processed through Shopify's platform. In a pilot program, merchants used Shopify Capital to buy equipment and inventory, launch new products, hire more employees, and add new channels and products, the company said. Ottawa-based Shopify, an e-commerce and retail software company, went public in May 2015.
3 min read · 27 April 2016
