Private Equity
Cindy Padnos of Illuminate encourages female entrepreneurs to take on leadership roles and encourage more women to follow in their footsteps
6 min read · 05 April 2016
Boston-based asset manager HarbourVest Partners has closed its venture fund of funds HarbourVest Canada Growth Fund at $375 million. HarbourVest Canada, the fourth and final fund closed in partnership with Ottawa's Venture Capital Action Plan (VCAP), received two-thirds of its committed capital from institutional, corporate, high-net-worth investors and other limited partners based in Canada, the United States and Europe. Led by HarbourVest Principal Senia Rapisarda, the fund has since its initial close last year committed money to a range of Canadian and international venture capital funds. It has also invested directly in Canadian companies, including Intelex Technologies Inc. HarbourVest Canada's close brings total fundraising by VCAP-backed funds to $1.36 billion.
3 min read · 05 April 2016
Many expanding companies in Europe are complementing their equity finance with debt and, in the absence of a diversified banking system, are turning to specialized lenders to do so
3 min read · 04 April 2016
1 min read · 31 March 2016
500 Startups continues its push to find and back startups worldwide by launching a $30 million Canadian fund. 500 Canada plans to make more than 150 investments in early-stage startups in the country over the next few years. Audiobooks founder Sanjay Singhal will lead Ontario-based 500 Canada. Singhal is a founding board member of the Canadian angel investment group Angel One and has backed more than 30 Canadian companies as an angel investor.
1 min read · 31 March 2016
The Hudson Valley Startup Fund (HVSF) announced it has officially launched with more than 30 investors and $700,000 to invest in startups in New York’s Hudson Valley. The seed fund is co-managed by Johnny LeHane, Paul Hakim, Chad Gomes, Noa Simons, and Tony DiMarco. It is seeking additional accredited investors, with a goal of raising $1 million before it holds a final close on June 30. Reach the fund via email at info@hvstartupfund.com.
3 min read · 31 March 2016
One of the co-founders of Toronto-based Relay chats about what he sees in mobile tech
3 min read · 30 March 2016
San Francisco-based Array Ventures, has raised $2.8 million toward a targeted $10 million inaugural fund, according to a regulatory filing.
1 min read · 28 March 2016
Next Coast Ventures is raising a maiden fund of $50 million, according to a filing with the SEC.
1 min read · 28 March 2016
Founders Fund said Friday its sixth fund closed at $1.3 billion. Founders Fund VI will be led by partners Lauren Gross, Ken Howery, Geoff Lewis, Scott Nolan, Luke Nosek, Brian Singerman and Peter Thiel.
1 min read · 28 March 2016
