Managers

Menlo Ventures unveils $500 mln Inflection Fund for early-growth investing

Ten Eleven Ventures raises $200 million for early-stage cybersecurity deals

Burlingame, California-based Ten Eleven Ventures, which exclusively backs cybersecurity deals worldwide, announced it has raised $200 million for its second fund. TEV II will invest in Series A and B rounds. The firm, founded in 2014 by Alex Doll and Mark Hatfield, separately raised a $140 million second growth fund last year.

Billion Dollar Fund for Women comes to Canada to sign up more VCs

Patient experience AI platform NarrativeDx amasses funding

NarrativeDx, an AI platform for patient experience, has secured an undisclosed amount of funding. Christiana Care Health System, Summation Health Ventures and The Texas Medical Center led the round with participation from HealthX Ventures and Cultivation Capital.

InFocus collects over $10.7 mln for $50 mln-targeted venture fund

InFocus Capital Partners has raised over $10.7 million for its new venture fund, according to an SEC filing. The target is $50 million. InFocus targets ophthalmic investments.

CDPQ commits $127 mln to Inovia early-stage, growth funds

Caisse de dépôt et placement du Québec (CDPQ) said it will invest about $127 million (US$100 million) in the fourth early-stage fund and new growth-stage vehicle of Inovia Capital. CDPQ will commit US$75 million to the growth fund and US$20 million to the early-stage fund. Charles Émond, CDPQ executive vice-president, Québec and global strategic planning, said the vehicles represent "another source of attractive future co-investment opportunities" for the Canadian pension system. As reported by PE Hub Canada, Inovia, a Montréal-based technology venture capital firm, secured a total of about $800 million (US$600 million) for the two funds.

ThinkGenetic procures $1.5 mln

ThinkGenetic Inc, a provider of artificial intelligence-driven genetic diagnosis, has raised $1.5 million in funding. The investors included Cian Robinson, executive director of the innovation, research and real estate investments division of Lafayette General Health System.

Covera Health inks $8.5 mln Series A

New York City-based Covera Health, a provider of analytics-based programs to reduce medical misdiagnoses and improve quality of care, has raised $8.5 million in Series A funding. Equity Group Investments led the round.

Monthly recap of VC fundraising through Feb. 18

Inovia collects $600 mln for funds

Canadian venture firm Inovia Capital has raised $200 million for its fourth early-stage fund. Also, the firm has raised $400 million for a new growth-stage fund. Inovia invests in tech companies.