Private Equity
Crowdcube’s fund will allow investors who are drawn to crowdfunding get professional help in making decisions
2 min read · 27 January 2014
The agriculture-focused Fall Line Farms Fund has raised $127 million to invest in technologies that could improve farmland production.
2 min read · 24 January 2014
Founders Fund is currently seeking to raise $750 million for its fifth fund, according to Bloomberg. The outlet reported that the San Francisco VC firm expects to close the fund in the first quarter of this year. Founders Fund was launched by Peter Thiel, co-founder of PayPal.
1 min read · 24 January 2014
Kaszek Ventures has raised $135 million for a second Latin American-focused venture capital fund, according to documents filed with the Securities and Exchange Commission. The firm’s first fund of $56.4 million was raised in 2011.
1 min read · 23 January 2014
A Canadian government-backed investment fund set up to help revive the country's ailing venture capital industry raised C$217.5 million ($198 million) at its initial closing, its backers said on Tuesday.
2 min read · 22 January 2014
Open Text Corp (NASDAQ: OTEX; TSX: OTC) has launched a $100 million venture capital fund focused on investing directly in entrepreneurs engaged in creative business application development. The OpenText Enterprise Applications Venture Fund, which is expected to close within the next six months, was announced concurrently with the initial close of the $300 million Northleaf Venture Catalyst Fund, a venture fund-of-funds backed by the Canadian and Ontario governments, and to which Open Text has also made a capital commitment. The company said that its new Enterprise Application Venture Fund builds on its AppWorks developer platform, established in Nov. 2013. Based in Waterloo, Ontario, Open Text is an enterprise information management and software company.
5 min read · 22 January 2014
The Canadian government has announced the launch of Northleaf Venture Catalyst Fund, the first market-based fund-of-funds backed by Ottawa's $400 million Venture Capital Action Plan in partnership with the Ontario government. The fund, which will be managed by Toronto-based Northleaf Capital Partners, has raised $217.5 million in commitments in its initial closing, two-thirds of which, or $145 million, came from corporate and institutional investors, including BDC Capital, Canada Pension Plan Investment Board, OpenText Corp, and six of Canada's leading banks. Northleaf Venture Catalyst Fund, which is targeted to raise $300 million in total, will make commitments primarily to Canadian venture capital funds, and direct investments in Canadian companies. The federal and Ontario governments have agreed to make a combined commitment of $1 for every $2 committed by private investors to the fund, up to a maximum of $50 million each. A second closing is anticipated later this year.
4 min read · 21 January 2014
Berlin-based Earlybird Venture Capital has raised more than $110 million in the initial close of its new Digital East Fund. The pool's target is $130 million and its focus is on tech companies in the Turkey and CEE markets. The fund's' LPs include the European Bank for Reconstruction and Development, the European Investment Fund, the International Finance Corp. and Istanbul Venture Capital Initiative.
3 min read · 21 January 2014
INE Ventures is aiming to tap into Israel’s rich abundance of startups with a view to eventually relocating them to the U.S.
6 min read · 21 January 2014
Distributions rise modestly overall with Austin Ventures posting a nice gain
2 min read · 21 January 2014
