Fundraising

Metamorphic Ventures to raise $75 mln third venture fund

Metamorphic Ventures has set out to raise a $75 million third fund, according to a filing with the SEC.

Origin Ventures targets $100 mln for fourth fund

Origin Ventures is seeking to raise $100 million for its fourth fund, according to an SEC filing. The Chicago-based early-stage venture firm that focuses on three sectors: e-commerce, digital media/ad technology and software as a service.

GSK, Astra, J&J link with universities in new drug research fund: Reuters

GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new 40 million pounds ($57 million) fund backing early drug research, Reuters News reported.

CAVU Ventures raises $156 mln venture fund

CAVU Ventures has raised a $156 million maiden fund for investing in the food and beverage space, according to a filing with the SEC.

Abingworth closes 11th life sciences fund at $105 mln

Abingworth has raised $105 million for its oversubscribed 11th life sciences fund. The target was $100 million. Abingworth Clinical Co-Development Fund's lead investor is the European Investment Fund.

Scale Venture Partners closes fifth venture fund at $335 mln

Scale Venture Partners has raised $335 million for its fifth tech-focused venture fund, the Silicon Valley-based firm announced today.

iNovia Capital’s Fund IV beats target in $175 mln final close

Montréal-based iNovia Capital has exceeded the target set for its fourth venture fund, thanks to a group of new and repeat limited partners that included many of the firm’s best known founders. Fund IV secured $175 million in committed capital, iNovia Managing Partner Chris Arsenault told PE Hub Canada. That’s 17 percent more than its goal of $150 million.

iNovia Capital beats target with final close of Fund IV

Montréal-based iNovia raises C$175 million for its fourth fund, thanks to 20 institutional LPs, including Teralys Capital

Year in Review: Corporate VCs set record with $7.6 bln deployed in 2015

Despite a weak Q4, corporate VCs backed 905 deals last year in setting a 15-year investment record

New firm Back to the Future Ventures debuts

New York-based fund Back to the Future Ventures has launched. BTTFV will focus on backing private small and mid-sized consumer brands, retailers and tech companies "that need capital, operational knowledge and talent in order to reach the next level." David Pascual and Faye Landes are the fund's co-founders.