Private Equity
Felicis Ventures has set out to raise $150 million for its fifth fund, according to a filing with the SEC.
1 min read · 17 March 2016
Two former gaming industry executives launched a venture capital fund dedicated to investing in early-stage virtual reality, augmented reality, and mixed reality startups. The Virtual Reality Fund is targeting $50 million in capital commitments, according to a filing with the SEC. A first close has been reported.
1 min read · 17 March 2016
Pejman Nozad and Mar Hershenson, co-founders of Pejman Mar Ventures, have filed to raise a new fund. Pear Ventures II LP is targeting $75 million in capital commitments and has not reported a first close, according to an SEC document. Founded in 2013, Pejman Mar is an early-stage venture capital firm based in Palo Alto, California. The firm has backed companies including Branch Metrics, Guardant Health and Door Dash.
1 min read · 16 March 2016
New York-based Contour Venture Partners, an investor in Datadog, OnDeck and Ticketfly, announced it has raised $81 million combined for two new funds. This includes $56 million for its third early-stage fund, which beat its $50 million target, and $25 million for its first opportunity fund.
1 min read · 16 March 2016
Nashville, Tennessee-based Clayton Associates announced it is seeking to raise $75 million for FCA Venture Partners VI. Fund V raised $53 million and closed in 2011, according to Thomson Reuters. FCA, which focuses on early and growth-stage healthcare and tech companies. such as Pathfinder Health Innovations and One Medical Passport, among others. FCA, which counts among its LPs high-net-worth individuals and families along with family offices, regional banks and leading wealth management firms, said the fund will be raised over the next 12 to 18 months. Fund VI will be the firm's first since the passing of founder Clayton McWhorter, who passed away in January at the age of 82. He founded the firm in 1996.
1 min read · 16 March 2016
HealthQuest Capital closed its second fund at its $225 million hard cap, exceeding an initial target of $175 million in commitments.
1 min read · 15 March 2016
Accel Partners has raised $2 billion in new capital, according to a blog post.
1 min read · 15 March 2016
Venture capital firm Data Collective, which invests in big data companies, has set out to raise its fourth early-stage fund and its second opportunity fund to back growth-stage companies. Data Collective IV LP and DCVC Opportunity Fund II LP are sized at $155 million and $125 million, respectively. The firm has not yet raised any capital for the funds, according to the filings.
1 min read · 14 March 2016
Vanedge Capital has held an initial close of its second information technology fund on the strength of several big portfolio wins, including last year’s sales of MediaCore, Metafor and Recon. Vanedge II raised $104 million in committed capital in January, Vanedge Managing Partner Moe Kermani told PE Hub Canada. That puts the fund over half way to meeting its $200 million target.
3 min read · 13 March 2016
Navitas Capital, a venture capital firm based in Los Angeles, has set out to raise $50 million for its second venture fund, Navitas Capital II LP, according to a filing with the SEC. The firm is also targeting $2 million for Navitas Capital II SG LP, according to a separate filing. The funds have yet to report a first close.
1 min read · 12 March 2016
