Private Equity
General Catalyst Partners goes large, raising an $845 million U.S.-focused eighth fund.
1 min read · 05 February 2016
Traverse Venture Partners is seeking to raise $100 million for its inaugural fund, according to an SEC filing. Founded in October 2015, the Washington, D.C.-based growth equity firm focuses on the real estate industry. Recently, the firm co-led an $11.7 million Series B round for San Jose, California-based Mercatus, a provider of energy finance solutions, as previously reported by PE HUB.
1 min read · 04 February 2016
Geodesic Investments has raised additional capital for its maiden late stage fund, according to a filing with the SEC.
1 min read · 03 February 2016
Index Ventures has raised $550 million for its eighth venture fund. The firm, which recently hired former Twitter CEO Dick Costolo as a venture partner, has promoted Shardul Shah to partner. Index focuses on backing "disruptive" startups in the U.S., Europe and Israel.
3 min read · 03 February 2016
Industry Ventures is raising a $425 million eighth fund for investing in secondaries, according to an SEC filing.
1 min read · 02 February 2016
Lewis & Clark Ventures closed a $104 million early stage venture fund targeting investments in the Midwest. The fund will focus primarily on Series A and B round VC investments in the size of $3 to $7 million to high growth companies. Lewis & Clark announced in December a $25 million commitment from Express Scripts to support new healthcare technologies and companies.
2 min read · 02 February 2016
According to an announcement on its site, Sesame Ventures, Sesame Street's new venture initiative, has partnered up with Collaborative Fund to launch a fund that backs startups in child development areas that include education technology, health and nutrition and social, cultural and family development. No financial terms were disclosed for The Collab + Sesame Fund but other outlets are reporting that the joint fund has already raised $10 million.
1 min read · 02 February 2016
Index Ventures, an early investor in technology hits like Skype and Dropbox, is spinning off its biotech portfolio into a new $1 billion business, with backing from drug giants GlaxoSmithKline and Johnson & Johnson.
2 min read · 02 February 2016
Stockholm and Palo Alto-based Creandum has closed its latest fund at 180 million euros (approximately $196 million), the firm said in a statement. Creandum IV was oversubscribed and reached its hard cap in one first and final closing. Fundraising began in September. The fund will primarily target seed and Series A investments.
1 min read · 01 February 2016
EnerTech Capital, a venture capital firm with offices across Canada, has entered into a strategic partnership with Southern California Gas Co (SoCalGas), a natural gas distribution utility affiliated with Sempra Energy. The focus of the partnership is to advance natural gas technologies with improved emissions performance and that enhance the safe and efficient operation of the natural gas system. The two organizations will share knowledge and explore innovation opportunities that have the potential for use in Southern Californian communities. EnerTech is currently investing from its fourth energy and power venture fund, which raised $120 million in 2013.
3 min read · 01 February 2016
