Managers

Pivotal IPO could bring about new open source offerings

Well-crafted term sheets keep investors and token issuers' incentives aligned

Sequoia Capital Israel GP Raanan forms Cyberstarts VC, raises $54 mln

Sequoia Capital Israel General Partner Gili Raanan has formed a new venture firm, Cyberstarts VC, and raised $54 million for a maiden venture fund, according to a news report from Reuters and a filing with the SEC.

Fondaction CSN commits capital to AmorChem Fund II

AmorChem Group said Fondaction CSN, a Québec private equity and venture capital firm, has committed an undisclosed amount to the firm's second seed-stage biotechnology fund. AmorChem II Fund LP last year raised an initial $44.2 million from several investors, including the Québec government, Fonds de solidarité FTQ and Merck. Montréal-based AmorChem commercializes life sciences projects originating from Québec universities and research centres. In March, it backed the $2.6 million financing of biotechnology startup SemaThera Inc.

NVCA takes aim at controversial foreign investment review act

Canadian VC sees biggest Q1 since dot-com era as top deals nab C$927 mln

Swell Capital targets $10 mln for venture fund

New York-based Swell Capital is raising a venture fund targeted at $10 million, according to a regulatory filing. The firm is led by Rusty Ralston and Jay Patil, according to its website. The filing lists no investors.

On the Bleeding Edge: Correcting the gender imbalance, Sequoia's grand plans, and canary in the coal mine

Kindred, new London seed firm, offers companies carried interest

Ripple invests $25 million of its cryptocurrency into Blockchain Capital fund

San Francisco-based Ripple, which provides blockchain solutions for the payments industry, announced it invested $25 million of its own cryptocurrency, XRP, in Blockchain Capital's fourth fund. Blockchain Capital, which focuses on the blockchain technology sector and crypto ecosystem, announced in March it closed its fourth fund with $150 million in commitments. Ripple's investment is part of the $150 million total. Ripple is a portfolio company of the San Francisco firm.