Managers

Health insurance startup Troy Medicare pulls in $5 mln

Charlotte, North Carolina-based Troy Medicare, a health insurance startup, has raised $5 million in funding. The investors were not named.

Oxford Finance provides $60 mln to VC-backed RefleXion Medical

Oxford Finance LLC has provided a $60 million loan to Hayward, California-based RefleXion Medical Inc, a biotargeting oncology company. Armentum Partners served as financial adviser to RefleXion Medical on the financing. RefleXion is backed by TPG Growth/The Rise Fund, Sofinnova Partners, KCK Group, Venrock, T. Rowe Price Associates, Inc, GT Healthcare Capital Partners, Pfizer Venture Investments and Johnson & Johnson Innovation, JJDC Inc.

Mayfield taps investing veteran Saiprasad a partner with focus on AI, analytics

Adams Street to raise seventh growth fund

Adams Street Partners has set out to raise a seventh growth fund, according to a filing with the SEC.

Elaine Kunda’s Disruption Ventures makes Hostfully its first woman-led deal

MATH Venture Partners raises $46 mln early-stage fund

MATH Venture Partners said it closed a $46 million second early-stage venture capital fund to back technology companies.

Pangaea Ventures raises $70 mln for fourth advanced-materials fund

Canadian venture capital firm Pangaea Ventures has closed its fourth advanced-materials fund, raising about $70 million in commitments. Pangaea Ventures Fund IV was backed by a range of limited partners, including VanCity and BC Tech Fund, managed by Kensington Capital Partners. Pangaea also increased its strategic investors to twenty-five. Fund IV backers include existing investors CoorsTek, JSR and Mitsubishi Chemical Holdings and new investors Adidas, Doosan, Henkel, Lam Research, PTT Global, Sekisui, Severstal, Shin-Etsu and TOSOH.

Cofounders Capital raised over $31 mln towards a $50 mln second fund

SoftBank deals categorized: Transportation and real estate lead the way

Motus Ventures to raise $30 mln for new fund

Redwood City, California-based Motus Ventures is seeking to raise $30 million for its smart world innovation fund. The fund will focus on artificial intelligence, robotics and internet of things technologies.