Managers

Alydia Health picks up $10 mln Series B

Menlo Park, California-based Alydia Health, a medical device firm focused on making childbirth safe for mothers, has secured $10 million in Series B financing. Global Health Investment Fund led the round.

Lakehouse Ventures to raise $25 mln for sophomore fund

Lakehouse Ventures targets $25 million for second fund, according to an SEC filing. The venture firm invests in early-stage companies in New York.

Town Hall Ventures raises $115 mln for inaugural fund

Town Hall Ventures has closed its debut fund at $115 million. The fund will focus on investing in the health care of underserved communities. In addition to the fund-closing, the firm has also named Ann Hickey as a vice president.

Alumni Ventures unveils four new funds

Alumni Ventures has launched four new funds: Elite Engineers Fund, the B-School Fund, Little Ivy Ventures and the Midwest Value Fund. Elite Engineers invests in ventures led by alumni of top engineering schools; the B-School Fund invests in top business school grads; Little Ivy Ventures backs startups founded by alumni from Bowdoin, Middlebury, Amherst, Williams and Tufts; and Midwest Value Fund invests in opportunities outside California, New York and Massachusetts. Each fund is targeting between $5 and $10 million.

VC-backed BlueRock Therapeutics adds Kovacs to C-suite team

Toronto, New York and Cambridge, Massachusetts-based BlueRock Therapeutics LP, a cell therapy company, has appointed Shane Kovacs as both chief business and chief financial officer. Previously, he was managing director and head of biotechnology investment banking at RBC Capital Markets in New York. BlueRock was backed by Bayer AG and Versant Ventures.

Upwork looks like another unicorn IPO in the making

What tech M&A knows that VC still doesn’t get

Biotech is eating healthcare funding

Cosimo Ventures launches tokenized evergreen venture fund

Amplify Partners wraps up third fund with $200 mln

Menlo Park, California-based Amplify Partners announced it has closed its third fund with $200 million in commitments. A regulatory filing indicated 50 investors contributed to the fund. The firm, founded in 2012 by General Partners Sunil Dhaliwal and Mike Dauber, raised $125 million for its previous effort in 2015. The firm backs early-stage technical founders in such sectors as machine intelligence, infrastructure, developer tools and security.