Private Equity
Finistere Ventures has raised $150 million in the first close of its agricultural tech fund. Finistere Ventures FVII Fund's founding partners include AVAC Ltd and Bayer CropScience. Verdex Capital will oversee the fund's Canadian arm in partnership with Finistere Ventures.
4 min read · 27 February 2015
Engineering Capital unveiled a $32 million seed fund on Tuesday that will target data center infrastructure investments at a time of great disruption. What differentiates the fund is its tight focus on data center transformation.
2 min read · 26 February 2015
Canadian venture capital firm AVAC has formed Verdex Capital, an investment arm that will focus on deal opportunities in the agricultural technology sector. The launch of Verdex Capital occurred concurrently with AVAC's partnership with U.S. venture capital firm Finistere Ventures. AVAC said its new investment arm will assist Finistere in the management of its deal, portfolio monitoring and exit activity in the Canadian market.
2 min read · 25 February 2015
Canadian venture capital firm AVAC has announced a partnership with Finistere Ventures, a U.S. venture capital firm focused on investing in agricultural technology and life sciences sectors. The announcement was made at the first close of Finistere's agricultural technology fund, Finistere II, which is targeted to raise US$150 million. Dr. Michael Raymont, CEO of AVAC, said the partnership is intended in part to leverage R&D investments being made in Canadian universities and institutions and to create more access to talent and ecosystems in the United States.
5 min read · 25 February 2015
Notation Capital, a Brooklyn-based VC firm, said it raised a maiden fund of about $8 million. The fund – Notation Capital Fund I – expects to back pre-seed deals and will write checks of $100,000 to $200,000 to join rounds of less than $400,000.
1 min read · 25 February 2015
Engineering Capital has raised $31.4 million toward a maiden seed fund, according to a filing with the SEC and news reports.
1 min read · 24 February 2015
Almost exactly two years ago Homebrew began investing its maiden fund with $35 million of seed capital. Last Friday it unveiled a big increase in firepower: $85 million in new money split between a second seed fund and a follow-on fund for primarily B rounds deals.
2 min read · 23 February 2015
The number of IPOs stays roughly the same month over month, but value drops in January
2 min read · 20 February 2015
The Ontario Securities Commission (OSC) has published a prospectus exemption that is intended to provide a cost-effective way for early-stage issuers to raise capital from their networks of family, close personal friends and close business associates. The exemption, which is not available to investment funds, has been harmonized with an exemption that is currently available in other Canadian jurisdictions. Subject to ministerial approval, it will come into effect on May 5, 2015.
3 min read · 20 February 2015
Bessemer Venture Partners, an investor in newly public Box as well as Twilio, Pinterest and Shopify, announced it has raised $1.6 billion for Fund IX. The multi-stage investor raised the same amount for Fund VIII, which closed in 2011.
1 min read · 18 February 2015
