Managers

Rio collects $77.5 mln for new agri-food venture fund

Rio Investment Partners has raised $77.5 million for its new agri-food venture fund. The target is $150 million. With offices in Calgary and Montreal, Rio seeks to deploy between $3 million and $10 million in growth-stage companies in the agri-food tech sector.

Biotech firm Aura Biosciences locks in $40 mln Series D

Cambridge, Massachusetts-based Aura Biosciences, a biotechnology company, has secured $40 million in Series D financing. Medicxi led the round.

Medical Informatics Corp scores $11.9 mln Series A

Medical Informatics Corp, a provider of a patient monitoring and predictive analytics platform, has secured $11.9 million in Series A funding. Data Collective Venture Capital led the round with participation from Intel Capital and the Texas Medical Center Venture Fund. In addition to the funding, DCVC’s Scott Barclay and Intel Capital’s Eric King will join MIC’s board of directors.

Radiotherapeutics pioneer Fusion lands $105 mln in Series B round

Avrio rebrands as Rio Investment Partners, unveils $150 mln fund

Canadian venture capital firm Rio Investment Partners has raised $77.5 million in the first close of a $150 million fund focused on investing in North America's agri-technology and food technology value chain. The fund's backers include Farm Credit Canada. Rio, which has offices in Calgary and Montréal, is the successor to Avrio Capital. It is led by several Avrio team members, including Co-founder and Managing Director Aki Georgacacos, Managing Director Steven Leakos and Principal Jonathan Goodkey. Jean-Francois Huc, formerly the CEO of BioAmber Inc, also joined Rio as co-founder and managing director. Rio's fund will invest $3 million to $10 million in growth-stage companies operating in the various segments of the agri-food technology market.

Emerging manager roundup: Triangle Peak, venBio, Activant and more

China-based Source Code Capital is raising $550 mln across two funds

Fund performance: Nevada PERS, 2016 to 2018 portfolio

Joe Savig out at Accel-KKR as firm sets out to raise $2 bln for sixth fund

Tech Pioneers Fund to raise $50 mln venture-capital fund

The Tech Pioneers Fund has set out to raise a $50 million venture-capital fund, according to a filing with the SEC.