Private Equity
Toyota Research Institute (TRI) announced that it has launched Toyota AI Ventures, a $100 million venture arm to back early-stage startup companies in artificial intelligence, robotics, autonomous mobility and data and cloud computing. As part of the announcement of the corporate VC, Toyota AI Ventures disclosed it has already backed three companies, including Intuition Robotics, an Israeli developer of artificial intelligence robots for use by the elderly. Jim Adler, TRI’s vice president of data and business development, will take the role of managing director of Toyota AI Ventures. The corporate VC will be based in Los Altos, California, the site of TRI.
1 min read · 11 July 2017
Loup Ventures is seeking to raise $20 million for its inaugural fund, according to an SEC filing. The Minneapolis and New York-based early-stage venture firm is focused on artificial intelligence, robotics, virtual reality and augmented reality.
1 min read · 11 July 2017
1 min read · 11 July 2017
Z Capital has raised $286.5 million for its third fund, according to an SEC filing. The target is $1 billion.
1 min read · 11 July 2017
5 min read · 11 July 2017
1 min read · 11 July 2017
2 min read · 10 July 2017
Bi-coastal venture firm CRV has filed two regulatory documents seeking funding, one for a new main fund that aims to raise $450 million, and the other is its first growth fund that is targeted at $400 million. Fund XVII is about 15 percent larger than Fund XVI, which closed in 2014 at $393 million.
1 min read · 10 July 2017
Initialized Capital, an early-stage venture firm, has raised $125 million for its third fund, according to an SEC filing. In August 2013, the firm raised $39.15 million for its second fund, reported a filing at that time. Garry Tan, Alexis Ohanian, co-founder of Reddit and Alina Libova are listed as the firm's top executives.
1 min read · 10 July 2017
4 min read · 10 July 2017
