Private Equity
The latest of several Canadian government-backed investment funds that are being set up to breathe life into the country's venture capital industry raised $160 million on its initial closing, Reuters reported. The fund, dubbed the Kensington Venture Fund, is being run by Toronto-based Kensington Capital Partners. Targeted to raise $300 million in total, Kensington's initial close was achieved in part through capital commitments from leading Canadian corporate and financial investors.
2 min read · 19 November 2014
According to an SEC filing, Zetta Venture Partners has raised $56.45 million for its debut fund. When the firm's founder Mark Gorenberg filed documentation for this fund last year, he was targeting $40 million. Previously, Gorenberg was a managing director at Hummer Winblad.
1 min read · 19 November 2014
Baird Capital, the private investment arm of Robert W. Baird & Co., has raised $185 million for its oversubscribed fourth venture capital fund, sweeping past its $150 million target. Fund IV's LP base includes numerous institutions, foundations and family offices. So far, the fund has made investments in Catalyze, emids, Integrated Diagnostics, NeuMoDx Molecular and WordStream.
2 min read · 18 November 2014
500 Startups announced the launch of 500 Mobile Collective, a $10 million microfund focused on mobile investments and managed by new 500 investing partner Edith Yeung.
2 min read · 18 November 2014
The second Canadian government-backed investment fund set up to breathe life into the country's venture capital industry raised C$160 million ($141.6 million) on its initial closing, its backers said on Tuesday.
2 min read · 18 November 2014
Harmony Partners has raised $85 million for its oversubscribed second fund, beating its $75 million target. Fund II, which has made investments in Capriza, Loggly and Zerto, will continue to back expansion stage companies. Also, Harmony has added Michael Chou as a principal to its team.
2 min read · 18 November 2014
Sources confirm the firm, which is an investor in Box, Lyft and Snapchat, is targeting $750 million
2 min read · 17 November 2014
India-focused Unitus Seed Fund, has raised over $20 million in funding. The backers included Bill Gates and 16 high-net income Indian investors.
4 min read · 17 November 2014
Secondary funds strategy continues to bring results
1 min read · 16 November 2014
Unshackled on Thursday unveiled a small angel fund with a big mission: Support foreign-born entrepreneurs interested in starting their own companies in the United States.
1 min read · 13 November 2014
