Managers

KDT Ventures gathers $3.54 mln for inaugural fund

KDT Ventures has raised $3.54 million for its debut fund, according to an SEC filing. The target is $30 million. The North Carolina-based early-stage venture firm focuses on the "intersection of technology and science."

Pre-seed fund with a different approach: early university startups

Consolidation on tap as investors seek an Amazon for online education

IndieBio’s new ventures strut their stuff during Demo Day

Uncharted Territory: Foundation Capital's Paul Holland talks Kik's ICO

Flagship Pioneering to raise $500 mln for sixth fund

Flagship Pioneering has set a $500 million target for its sixth fund, according to an SEC filing. The Cambridge, Massachusetts-based venture firm invests in the biotech, healthcare and software sectors.

Opportunities NB unveils New Brunswick seed, Series A funds

Opportunities NB, a New Brunswick crown corporation, has launched two side-car funds to support early-stage companies located in the province. Opportunities NB will sponsor a seed fund that can invest up to $500,000 in a startup. A maximum of $2 million is available per year from the fund. Additionally, it will sponsor a Series A fund that can invest up to $1 million in a company emerging from the startup phase or about to generate revenue. A maximum of $5 million per year is available. The side-car funds will partner with approved investors, among them East Valley Ventures, an Atlantic Canada startup accelerator and angel group.

Alphabet talks with Lyft about possible investment, says source: Reuters

Alphabet Inc (GOOGL.O) is in discussions with Lyft Inc about a possible investment in the ride-hailing company, potentially deepening an existing partnership between the two firms, a source told Reuters.

Index of venture-backed stocks falls a little in August

Costanoa Ventures wraps up third fund at $175 mln

Costanoa Ventures has closed its third fund at $175 million. The Palo Alto, California-based venture firm focuses on early-stage tech startups.