Managers

Thiel-affiliated Breakout Ventures raises $60.1 mln for a maiden fund

Breakout Ventures, a firm affiliated with Peter Thiel-founded Breakout Labs, has raised $60.1 million for a maiden venture fund, according to a filing with the SEC.

Samsung unveils $300 mln fund to focus on automotive tech

Samsung announced it has formed a $300 million Samsung Automotive Innovation Fund to focus on the automotive sector. The fund launch follows its $8 billion acquisition of audio and auto parts supplier Harman earlier this year. The Samsung fund will invest in such connected car segments as sensors, machine vision, artificial intelligence, high-performance computing, cloud services, mobile connectivity, automotive-grade safety and security. The first investment is TTTech, a Vienna, Austrian-based provider of networked safety controls for the automotive industry.

Eight-year VC vet Jim Moran joins Perfecto, returns to operational role

VCJ data exclusive: Women-led companies slowly net bigger share of VC funding

Ex-Sequoia investor Yinglan Tan raises $25 mln for Insignia

Insignia Ventures Partners has raised $25 million toward a maiden venture fund, according to a filing with the SEC.

Fenox VC and ASUS launch $50 mln venture fund

Fenox Venture Capital and AsusTek Computer Inc have teamed up to launch a $50 million venture fund. The fund will focus on startups in the areas of artificial intelligence, internet of things, big data, cloud, AR/VR and other related technologies.

Target Global collects 100 mln euros for maiden early-stage fund

Berlin-based Target Global, a venture firm, has raised 100 million euros for its inaugural early-stage fund. Target Global Early Stage Fund I will focus on companies in Europe and Israel.

ScaleUP Ventures closes Fund I at $100 mln, plants flag in Vancouver

Canadian venture capital firm ScaleUP Ventures has closed its debut fund, raising more than $100 million in committed capital. ScaleUP Ventures Fund I, launched last year, exceeded its original target of $50 million, bringing on the BC Tech Fund, managed by Kensington Capital Partners, and several West Coast limited partners in the final close. ScaleUP also announced the opening of a Vancouver office. Vancouver-based entrepreneur Derek Spratt was hired in July as a partner and managing director to help grow the firm's deal-making in Western Canada. Fund I has already made ten of a planned 20 to 30 investments, including Crowdcare Inc.

SE Fund to raise $75 mln venture fund

SE Fund has set out to raise a $75 million venture capital fund, according to a filing with the SEC.

Insignia Ventures Partners rakes in $25 mln for debut fund

Insignia Ventures Partners has raised $25 million for its inaugural fund, according to an SEC filing. No target was listed on the document. The Singapore-based venture firm invests in startups in Southeast Asia.