Managers

What's at stake for VC firms in SEC's ICO inquiry? Q&A with attorney Nick Morgan

The Fabric rakes in $15 mln for third fund

Mountain View, California-based The Fabric, a co-creation foundry focused on the cloud and infrastructure sector, has raised $15 million for its third fund. Fabric 3's investors include Verizon Ventures and March Capital Partners. The target is $20 million. The fund is expected to close by the end of April.

Genesis collects $7.2 mln for $10 mln-targeted fund

Holland, Michigan-based Genesis Innovation Group, a developer of medical device technologies, has raised $7.2 million for its $10 million-targeted venture fund. Cultivate(MD) Capital Fund GP LLC will focus on backing early-stage healthcare companies, with a special emphasis on medical device and orthopedic technologies.

Ventech Capital raises 140 mln euros for fifth fund

European venture firm Ventech Capital has secured 140 million euros for its fifth fund, according to an article posted on Medium Corp. The target is 200 million euros. Ventech Capital V's backers include European institutional investors, families and founders.

Wildflower Health scores $8 mln in HEP-led round

San Francisco-based Wildflower Health, a mobile health software company, has secured $8 million in funding. Health Enterprise Partners led the round with participation from Hatteras Venture Partners and Echo Health. In addition to the funding, Ezra Mehlman of HEP, has been added to Wildflower Health's board of directors.

First-time fundraising hits 16-year peak

Panache Ventures unveils first seed fund in $25 mln initial close

Panache Ventures, a new Montréal-based early-stage venture capital firm, has launched its debut fund. Panache Ventures I, which raised $25 million in an initial close, will invest in pre-seed and seed opportunities in artificial intelligence-machine learning, blockchain, cybersecurity, financial technology and other sectors. Managing Partners Mike Cegelski and Patrick Lor, Partner David Dufresne and Associate Nicolas Jacques-Bouchard, who helped launch 500 Startups Canada two years ago, will lead the firm. Panache has already backed 11 of a planned 140 Canadian startups to receive investments over the next four years. It will soon add a Toronto-based team member.

Trident’s Don Dixon on opportunities in cybersecurity investing and securing blockchain

Momentum builds for LPs to address sexual harassment in PE

Venture investors tread carefully with the SEC and ICOs