Managers

Tsingyuan Ventures raises $51.7 mln venture-capital fund

Tsingyuan Ventures has raised a $51.7 million venture-capital fund, according to a filing with the SEC.

Magic Stone Alternative Capital raises $200 mill toward second fund

Magic Stone Alternative Capital, a Beijing, China-based venture firm, raised nearly $200 million out of the $250 million it is seeking towards its second fund, according to a filing with the SEC. The firm received commitments from 13 LPs.

LACERA pledges $270 mln to tech, venture

AbleTo buys VC-backed Joyable

AbleTo Inc, a provider of virtual behavioral health care, has acquired Joyable, an app-based digital therapy company. No financial terms were disclosed. Joyable was backed by Thrive Capital and Harrison Metal.

Playfair collects $32 mln for sophomore fund

UK-based Playfair Capital has raised $32 million for its second fund. The fund will invest in early-stage companies with a focus on deep tech, B2B SaaS and marketplaces.

Contrary Capital to raise $35 mln for second fund

Contrary Capital has set a $35 million target for its second fund, according to an SEC filing. Contrary is a university-focused venture firm.

Drug developer SOM Biotech snags funding

Barcelona-based drug developer SOM Biotech has secured 7 million euros in funding. The lead investor was " a holding company belonging to a European family with a long tradition in the pharmaceutical sector."

United Kingdom holds edge as AI startups increase in Europe

OurCrowd unveils $50 mln medtech fund

OurCrowd, an Israel-based crowdfunding platform, has launched a $50 million medtech fund. The fund will focus on on medical devices, therapeutics, medical robotics and new developments in the medical industry.

Altos Ventures works on secondary deal for 2008 fund