Private Equity
Silicon Valley-based venture firm Mighty Capital has raised $2.6 million for its debut fund, according to an SEC filing. The target is $10 million.
1 min read · 12 October 2017
New York City-based The Helm, a new venture capital community and fund founded by women, has launched. The Helm will focus on providing seed funding to tech startups with female founders. It seeks to back eight to 12 deals a year, making an average investment of $200,000. The annual membership fee is $2,500, with each member required to make a minimum investment of $50,000. The Helm is co-founded by Lindsey Taylor Wood, Erin Shipley and Emily Verellen Strom.
3 min read · 12 October 2017
Halifax innovation hub Volta Labs has partnered with BDC Capital and Innovacorp to launch Volta Cohort, a program to help early-stage company founders in Atlantic Canada secure venture capital sooner. The program will feature a micro-fund that supplies investments of $25,000 to up to five companies selected in a pitch event hosted biannually by Volta Labs. Venture-backed startups will be given space at Volta Labs and access to mentoring and other resources. BDC Capital's Michelle Scarborough said the program will help local first-time founders "turn their startup ideas into actual revenue-generating businesses."
4 min read · 11 October 2017
Immersive Capital has raised $21.4 million for its maiden fund, according to an SEC filing. Based in Palo Alto, California, the venture firm focuses on artificial intelligence.
1 min read · 11 October 2017
Atomic Labs is seeking to raise $100 million for its second fund, according to an SEC filing. With offices in San Francisco, Phoenix and Ontario, the venture firm makes seed and early-stage investments.
1 min read · 11 October 2017
1 min read · 11 October 2017
5 min read · 11 October 2017
Caisse de dépôt et placement du Québec and Desjardins Group have created a venture capital fund focused on opportunities in the financial technology sector and the application of artificial intelligence to finance. The fund, which will be based in Montréal, will receive $50 million from its sponsors and is expected to reach a maximum size of $75 million in part through institutional commitments made prior to a first close later this year. Operating independently, it will back the growth of Québec and Canadian companies offering technology products that impact investments, payments, client acquisition and retention, data analysis, deposits and loans, security or insurance.
4 min read · 10 October 2017
1 min read · 10 October 2017
1 min read · 10 October 2017
