Managers

Relay Investments rakes in $36.6 mln for sophomore fund

Boston-based Relay Investments has raised $36.6 million for its second fund, according to an SEC filing. The target is $50 million.

Fitbit will buy VC-backed health coaching platform Twine Health

Fitbit will acquire Twine Health, a health coaching platform. No financial terms were disclosed. Twine Health's backers included Qiming Venture Partners USA.

Canopy Boulder collects $2 mln for 2018 accelerator fund

Boulder, Colorado-based CanopyBoulder, Canopy's business accelerator and seed-stage investment fund focused on the legal cannabis sector, has closed its oversubscribed 2018 accelerator fund at $2 million. The capital will be used to provide seed and follow-on funding to companies that join the CanopyBoulder accelerator.

With an unconventional fund structure, Activant Capital takes the long view of venture investing

Norwest raises $1.5 bln, promotes Kossow and Wu

Norwest raises $1.5 bln for its largest fund to date

Giza, Baring top emerging markets portfolio at CalPERS

Early-stage investor Fryfly raises $19.7 mln

Menlo Park, California-based Fryfly Venture Partners, an early-stage investor in "data and intelligence," has raise $19.7 million toward a targeted $25 million fund, according to a regulatory filing. The commitments came from 13 investors, the filing reported. Fryfly is led by Co-Founders and General Partners Julie Allegro and Philipp Stauffer.

Elsewhere Partners targeting $100 mln venture fund

Elsewhere Partners is raising a venture fund targeted at $100 million, according to a regulatory filing. The Austin, Texas, based firm launched in September 2017 and is led by Chris Pacitti and John Thornton, both veterans of Austin Ventures.

True Wealth Ventures in Austin raises $19.1 mln for women-led businesses

Austin, Texas-based True Wealth Ventures announced it has raised $19.1 million for its inaugural fund. The firm makes early-stage investments in women-led, sustainable consumer and consumer health tech companies in Texas and nationwide. In addition to its gender impact investment strategy, the firm said that more than 80 percent of its limited partners are women.