Managers

Kairos Ventures targets $150 mln for second fund

Kairos Ventures has raised $85.15 million for its second fund, according to an SEC filing. The target is $150 million. According to Crunchbase, the Beverly Hills, California firm "invests in ideas, patents, and businesses from the top universities and scientists."

Norwest's Lisa Wu on why vitamin maker Ritual is a clear deal

Bonderman anchors $125 mln Pontifax Agtech fund: source

Hark Capital targets $100 mln to lend to PE, VC funds

Island Capital Partners launched to invest in PEI startups: report

Island Capital Partners, an early-stage venture capital fund, has been launched to invest in entrepreneurs and startups in Prince Edward Island, according to a report by Entrevestor. The fund has been capitalized with $4 million, half of which was committed by the provincial government and roughly the same amount by about 20 locally-based angel investors. Island Capital has already closed its debut deal, Entrevestor said. It invested in Forestry.io, a website content manager that raised $754,000 in seed funding in April. Based in Charlottetown, Island Capital is led by a team of four investment managers: Alex MacBeath, Ron Keefe, Paul Lypaczewski and Steve Nicolle.

645 Ventures seeks $30 mln for sophomore fund

New York-based early-stage investor 645 Ventures has filed to raise $30 million for its second fund, according to a regulatory document. The firm, which is a backer of Goldbely, Poshly and Voodoo Manufacturing, among others, raised its initial fund in 2014 although the amount was undisclosed. 645 Ventures II is led by co-founders and General Partners Aaron Holiday and Nnamdi Okike.

K9 Ventures closes third fund at $42 mln

K9 Ventures has raised $42 million for its third fund, according to an SEC filing. The Palo Alto, California-based venture firm focuses on early-stage tech companies.

Andrew Ng's AI Fund to raise $150 mln venture fund

Andrew Ng's AI Fund has set out to raise a $150 million venture fund, according to a filing with the SEC.

Fund performance: Battery, Union Square, TCV lead late-decade portfolio at Washington State

Round13 Capital closes C$95 mln for fund

Toronto venture firm Round13 Capital has raised C$95 million for its fund that will back growth-stage companies. The fund's limited partners include high-net-worth investors, family offices, pension fund LiUNA and National Bank.