Managers

On the Bleeding Edge: Sequoia's growth, Draper's three-state idea and EM West preview

MadDog Ventures Fund I raises $26.7 mln

MadDog Ventures said April 23 that its first venture capital fund raised $26.7 million, exceeding its $25 million target. MadDog, of Birmingham, Michigan, invests in companies that are developing and marketing cloud-based business applications.

Utah draws B2B SaaS, and broader investments, to the Silicon Slopes

Washington looks to be first public pension LP to back Sequoia’s megafund

Early-stage deals see jump in Q1 valuations

8VC raises $640 mln second fund: report

8VC has raised a $640 million second core fund, Axios reported.

Venrock raises $400 mln for healthcare fund

New York-based Venrock has raised $400 million for Venrock Healthcare Capital Partners III, the firm's public and cross-over biotech fund. Venrock raised $200 million for the prior fund in 2014 and $450 million for its eighth main fund in 2016. The cross-over fund is led by Bong Koh and Nimish Shah, according to a regulatory filing.

PSERS to offer fund stakes on secondary market as it shrinks PE portfolio

MKB raises $50 mln to back clean energy, smart cities, transport

Canadian private investment firm MacKinnon, Bennett & Co (MKB) has closed MKB Partners Fund LP at over $50 million in committed capital. MKB said the fund exceeded its target due to commitments from Bennett Church Hill Capital, a co-founder of MKB, BDC Capital, Fonds de solidarité FTQ, McConnell Foundation and the firm, as well as a group of family offices, foundations and accredited investors. The fund will invest growth capital in companies in the clean energy, smart city and transportation sectors. It has already deployed about $20 million to four companies, including Miovision Technologies Inc, which raised $30 million in an MKB-led round in 2015.

Israel's Copia: bridging agtech innovation and global markets