Private Equity
A recap of recent venture fundraising news worldwide; plus tables on firms that have held closings
10 min read · 01 April 2015
Genome Canada has made a $15.5 million investment in the Genomics Innovation Network, a network of Canadian innovation centres that is intended to advance research in genomics, metabolomics, proteomics and related areas. The network is comprised of ten "nodes", each of which will receive operational funding from Genome Canada and matching funds from public and private sector partners. Genome Canada is a federally-funded non-profit organization focused on the development of genomics and genomic-based technologies.
3 min read · 31 March 2015
Chrysalix Energy Venture Capital is approaching a first close on Chrysalix Energy LP IV, which is targeting $150 mln to $250 mln.
2 min read · 30 March 2015
Thousands of suggestions pour in to rename Atlas.
2 min read · 30 March 2015
Social+Capital Partnership is raising a $150 million opportunity fund, according to a filing with the SEC. Meanwhile, Sozo Ventures has raised $110 million toward a $300 million fund, and Rise Capital Management has attracted $59.6 million toward a maiden fund, SEC filings show.
1 min read · 30 March 2015
Chrysalix Energy Venture Capital is approaching a first close on Chrysalix Energy LP IV, thanks to a technology message that has struck a chord with struggling resource industries. The fund, which is targeting US$150 million to US$250 million in committed capital, is expected to wrap up an initial close by mid-2015, said Wal van Lierop, co-founder and CEO of the Vancouver-based firm.
3 min read · 30 March 2015
Vancouver-based firm targeting its fourth fund between $150 million and $200 million
3 min read · 27 March 2015
Ignition has set out to raise a $200 million sixth fund, and Ribbit Capital is targeting $220 million for its third, according to filings with the SEC.
1 min read · 26 March 2015
Merchant bank and advisory firm Kirchner Group has completed its management of Foragen Technologies Management, a Canadian venture capital investor focused on agricultural technology. Kirchner, which managed the firm's assets on behalf of the Royal Bank of Canada and two provincial institutional investors, said that it facilitated the sale of three of Foragen's portfolio companies to strategic acquirers. One company was sold for about US$500 million, while another "grew into a market leader in its sector." Founded in 2000, Foragen is based in Saskatoon, Saskatchewan.
5 min read · 26 March 2015
According to an SEC filing, Ribbit Capital is seeking to raise $220 million for its third fund. Based in Palo Alto, California, Ribbit Capital funds financial startups.
1 min read · 26 March 2015
