Managers

NextWorld Capital collects over $134 mln for sophomore fund

NextWorld Capital has raised over $134 million for its second fund, according to an SEC filing. With offices in San Francisco, Paris and London, NextWorld invests in enterprise tech startups.

Step Pharma nabs Series A funding

Paris-based Step Pharma, a developer of a novel class of oral nucleotide synthesis inhibitors, has secured 14.5 million euros in Series A financing. The investors included Pontifax, Kurma Partners, Bpifrance, Inserm Transfert Initiative, Idinvest, Sygnature Discovery and the Imagine Institute.

Column, Darwin, OrbiMed head end-of-life venture portfolio at UC

Seedcamp collects 41 mln pounds for fourth fund

Seedcamp, a pan-European seed investor, has raised 41 million pounds for its fourth fund that will focus on European startups. The investors of SeedCamp Fund IV include Investec, Unilever Ventures, Thomas Cook Money, MassMutual Ventures, ADV, Index Ventures, Atomico, Idinvest Partners, Underscore Ventures, Speedinvest and British Business Bank.

Russian investors' appetite for U.S. startups hold steady, despite political tensions

AEC commits $10 mln to Yaletown Innovation Growth Fund

Alberta Enterprise Corp (AEC) has committed $10 million to Yaletown Innovation Growth Fund, the latest vehicle of Canadian growth equity firm Yaletown Partners. The fund is targeted to raise $135 million to invest in emerging-growth technology companies across Canada that are focused on enhancing sustainability and productivity in the intelligent industrial and intelligent enterprise sectors. Last year, PE Hub Canada interviewed Yaletown Partners Brad Johns and Salil Munjal about the fund's strategy for addressing a capital gap impacting mid-stage companies. In late 2016, AEC launched a second Alberta angel co-investment fund, Accelerate Fund II, managed by Yaletown.

Scale Up to raise second venture fund

Scale Up Venture Capital has set out to raise a second venture-capital fund, according to a filing with the SEC.

Cooling in venture valuations seen

Digital health company Oviva hauls in $12 mln Series A

Digital health company Oviva has secured $12 million in Series A funding. The investors were Albion Capital, Eight Roads Ventures, F-Prime Capital Partners, Partech Ventures and Walking Ventures.

Tom Ingersoll joins Space Capital Partners, which is targeting $50 mln for first venture fund

Space Capital Partners has raised $5.7 million of a targeted $50 million for its inaugural venture fund, according to a regulatory filing. The New York firm invests in the commercial space industry, according to its website, and is led by Chad Anderson and Joseph Landon. The filing also lists Tom Ingersoll as a general partner, and he confirmed his new role to VCJ. Thus far, 16 investors have committed to the fund, according to the filing.