Private Equity

Fundraising

Confirmed: Khosla Ventures targeting $1 bln for Fund V

Confirming an earlier report by peHUB, Khosla Ventures has filed documents with the SEC stating that it plans to raise $1 billion for its fifth fund.

1 min read · 24 June 2014

Top new venture franchises begin to emerge: VCJ

Many newer firms are boasting strong early performance, but LPs are looking for the breakout VCs that will create lasting franchises.

3 min read · 24 June 2014

Top new venture franchises begin to emerge: VCJ

Many newer firms are boasting strong early performance, but LPs are looking for the breakout VCs that will create lasting franchises.

3 min read · 24 June 2014

Popular Video: Cambridge’s Hajer digs into data on VC returns and fundraising trends

Theresa Sorrentino Hajer, Managing Director of Cambridge Associates, delivers a data-filled keynote presentation at Thomson Reuters’ Venture Alpha East 2014 conference in New York.

1 min read · 23 June 2014

Popular Video: Cambridge’s Hajer digs into data on VC returns and fundraising trends

Theresa Sorrentino Hajer, Managing Director of Cambridge Associates, delivers a data-filled keynote presentation at Thomson Reuters’ Venture Alpha East 2014 conference in New York.

1 min read · 23 June 2014

LX Ventures rebranded as Mobio Technologies, to list on OTCQX

LX Ventureshas decided to change its corporate name to Mobio Technologies Inc and to begin trading on the TSX Venture Exchange as "MBO". LX Ventures acquired Mobio, a Vancouver-based online media platform for musicians, from Canadian venture capital firms Naavon Capital and Rho Canada Ventures in 2013. The company said that Mobio's technology is currently its primary focus. LX Ventures also said that it is well advanced in an application to begin trading on the U.S.-based OTCQX marketplace.

3 min read · 23 June 2014

LX Ventures rebranded as Mobio Technologies, to list on OTCQX

LX Ventureshas decided to change its corporate name to Mobio Technologies Inc and to begin trading on the TSX Venture Exchange as "MBO". LX Ventures acquired Mobio, a Vancouver-based online media platform for musicians, from Canadian venture capital firms Naavon Capital and Rho Canada Ventures in 2013. The company said that Mobio's technology is currently its primary focus. LX Ventures also said that it is well advanced in an application to begin trading on the U.S.-based OTCQX marketplace.

3 min read · 23 June 2014

Lightspeed China Partners closes $260 mln for second fund

Lightspeed China Partners has raised $260 million in the final close of its second fund. The target was $220 million. The focus will be on early-stage China-based businesses in the internet, mobile, technology-enabled services and enterprise solution sectors.

3 min read · 23 June 2014

PM flags accelerators and incubators selected for CAIP support

Prime Minister Stephen Harper announced the names of 15 Canadian startup accelerators and incubators that may be supported by the Canada Accelerator and Incubator Program (CAIP). The announcement was made at Waterloo commercialization hub Communitech, which is one of the 15 chosen. Launched in 2013, CAIP provides support over a five-year period in the form of non-repayable contributions. Under the program, eligible accelerators and incubators are entitled to receive up to $5 million per year on the condition that they show matching contributions.

3 min read · 20 June 2014

Venrock eyes $450 mln for seventh fund

Venrock Associates is seeking $450 million for its seventh fund, $100 million more than its previous fund, which closed in 2010.

2 min read · 20 June 2014

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