Managers

Pre-seed-focused Bee Partners closes third fund, promotes Tim Smith to partner

Former Disney execs look for hit with Smash Ventures

Franklin Templeton raises over $84.7 mln for Franklin Blackhorse VC fund

Franklin Templeton has raised over $84.7 million for its Franklin Blackhorse venture fund, according to an updated SEC filing. No target was listed in the document.

AV8's partners discuss their growing firm, strategy and being backed by Allianz

Link Ventures collects more than $100 mln for sophomore fund

Cambridge, Massachusetts-based Link Ventures has raised more than $100 million for its second fund. LV2 will invest in early-stage consumer internet companies.

VC and technologist Xiang Lin presumed dead in Labor Day diving boat fire

Former Lionsgate exec is officially fundraising for new game-focused venture

Foundation Capital wraps up ninth fund with $350 mln

Foundation Capital, a late-stage investor in Uber and a backer of the unicorn Cohesity, announced it has raised $350 million for its ninth fund. The vehicle is slightly larger than Fund VIII, which closed in 2015 at $325 million. Fund IX is led by General Partners Ashu Garg, Charles Moldow and Steve Vassallo. Not a part of the new fund, but still listed as a GP on the firm's website, is Paul Holland, who was a part of the previous fund and is continuing to manage out his investments.

San Francisco accelerator Heavybit raises its first venture fund

4BIO Capital collects over $50 mln for second venture fund

4BIO Capital has raised over $50 million for its second venture fund. 4BIO Ventures II is targeting $150 million by the second half of 2020. The fund's backers include family offices and institutional investors. 4BIO Capital focuses on the advanced therapies sector.