Fundraising

Epidarex Capital closes over $80 mln for early-stage life science fund

Epidarex Capital has raised over $80 million for a UK-based early-stage life science and health tech venture fund. Its LPs include King's College London, Eli Lilly and Co., European Investment Fund, Scottish Enterprise and Strathclyde Pension Fund.

Experiment Fund looks ahead

Patrick Chung said that performance of Xfund justifies a second fund.

Dashboard: Venture-backed M&A bounces back in April

IPOs slide back some, while deal value perks up in month

Fund performance: Recent funds in UTIMCO’s portfolio make gains

Union Square, IA, Foundry among top performers, new additions from True, Techstars

Ohio-based Sapling Fund launches $50 mln fund

The Sapling Fund, an early-stage venture fund in Columbus, Ohio, has launched a $50 million fund. Its focus is on firms that "leverage technology to create major disruptive improvements in multi-billion dollar verticals."

River Cities Capital Funds closes $200 mln for fifth fund

River Cities Capital Funds has raised $200 million in the final close of its fifth fund. The target was $150 million.

Fund performance: UTIMCO’s investment on young firms continues to pay off

Union Square, Spark advance in mid-decade venture portfolio

Insight Venture Partners closes $510 mln for fund

Insight Venture Partners said Monday that it has closed $510 million for its third coinvestment fund. The pool will focus on global software, internet and data services firms.

Roseway becomes investment adviser to GrowthWorks Canadian Fund

Retail venture capital fund GrowthWorks Canadian Fund has entered into an a court-approved investment adviser agreement with Roseway Capital. Under the agreement's terms, Roseway will act as adviser and make investment and divestment decisions regarding the fund's portfolio. The GrowthWorks fund will pursue an orderly disposition of its assets with a view to satisfying its payment obligations to Roseway and unsecured creditors. Total indebtedness owing to Roseway is approximately $18.9 million.

Monk's Hill Ventures rolls out early-stage Asia tech fund

Monk's Hill Ventures has launched an S$100 million (about $80 million) early-stage tech fund that focuses on Asia-based startups. In addition to investing in tech startups in Southeast Asia, the pool will also back startups in Silicon Valley and other parts of the world that want to expand in Asia.