Private Equity
IA Ventures has raised a third fund which at $160 million is its largest. The new fund, IA Ventures Strategies Fund III, follows the firm's $105 million second fund raised in 2011 and early 2012.
1 min read · 15 July 2015
BioStar Ventures has collected over $68 million for its third fund. BioStar III will focus on backing "promising" medical technologies.
2 min read · 09 July 2015
Tola Capital has raised $202.7 million for an enterprise-focused venture-capital fund, according to a filing with the SEC. Separately, TLV Partners of Tel Aviv has set out to raise $100 million.
1 min read · 09 July 2015
Venture capital fundraising jumped to an eight-year high in Q2, as LPs showed a continued warming to the asset class.
1 min read · 08 July 2015
Q2 saw 73 U.S.-based funds raise about $10 billion
2 min read · 08 July 2015
Beijing-based venture firm Shunwei Capital Partners has filed to raise $500 million for Shunwei China Internet Opportunity Fund II. The amount listed on the regulatory filing is in U.S. dollars. The firm raised $210 million for its previous Internet Opportunity Fund, which closed in 2014, according to data from Thomson Reuters.
1 min read · 08 July 2015
Canadian boutique finance advisory firm GreenSky Capital has launched its previously announced early-stage venture capital fund, GreenSky Accelerator Fund I LP. The fund, which will leverage GreenSky's deal flow to make investments in Canadian technology startups, completed an initial close of $3.25 million. It is targeted to raise $4 million in total. It was also announced that the fund has entered into a term sheet for its first investment in Cyclica Inc, a data interaction platform that simulates the interaction of pharmaceuticals with the body’s proteins. The company, which is based in Toronto, secured financing from GreenSky President's Club in 2013.
4 min read · 07 July 2015
Costanoa Venture Capital has raised $135 million for its second fund. Palo Alto, California-based early-stage investor Costanoa backs cloud-based services that leverage data and analytics.
2 min read · 07 July 2015
Odlander Fredrikson & Co. is raising a seventh HealthCap fund at $222 million, a 51 percent jump from the firm's previous fund, according to an SEC filing.
1 min read · 06 July 2015
The Fonds de solidarité FTQ has reported comprehensive income totaling $992 million for the year ended May 31, 2015, which resulted in an annual return of 9.8 percent. Net assets managed by the Montréal-based private equity and venture capital firm have also reached a new high of $11.1 billion. During the past twelve months, the Fonds de solidarité FTQ said it deployed a total of $640 million in development capital to companies in Québec. Its recent investments include ATIS Group, Colo-D, Frima and Montreal Gateway Terminals.
3 min read · 06 July 2015
