Managers

7wire raises $49.5 mln toward venture fund

7wire Ventures has raised $49.5 million toward a venture fund of $100 million or more, according to a filing with the SEC.

On the Bleeding Edge: It’s time to enact change, not draft apologies

ICONIQ Strategic Partners nabs over $570 mln for new fund

ICONIQ Strategic Partners has raised $570.44 million for its third fund, according to an SEC filing. No target was listed on the document. The San Francisco-based venture firm was launched in 2013 by Will Griffith, formerly with Technology Crossover Ventures.

Congruent Ventures targets $200 mln for fund

Congruent Ventures is seeking to raise $200 million for its initial opportunity fund, according to an SEC filing. Based in Oakland, California, Congruent invests in clean energy.

Getting a handle on carry-on-luggage innovation

Cathay Innovation raises $320 mln for inaugural venture fund

Cathay Innovation has closed its debut venture fund at $320 million. The fund's investor base includes Bpifrance, CDB Capital, BNP Paribas Cardif, Groupe ADP, Groupe Artemis, Groupe SEB, Joyoung, Michelin, Total and Valeo. Cathay Innovation will back 20 to 25 early-growth tech startups, with initial commitments between $3 million and $15 million.

Fund performance: Menlo, TCV hold top spots in a Washington State portfolio

Dave McClure steps away from 500 Startups over inappropriate behavior

Dave McClure has stepped away from 500 Startups, the venture firm he co-founded in 2010, because of “inappropriate interactions with women in the tech community."

IDG Capital to raise $589 mln fifth Chinese venture capital fund

IDG Capital has set out to raise a $589 million fifth Chinese venture capital fund, according to a filing with the SEC.

Miami accelerator TheVentureCity seeks to raise $100 mln

The newly launched Miami-based tech accelerator TheVentureCity is seeking to raise $100 million, according to a regulatory filing. The organization is led by co-founders Laura González-Estéfani, a former director of international business development and mobile partnerships at Facebook, and Clara Bullrich, a 20-year private banking and asset management veteran who most recently was managing partner for Guggenheim Partners Latin America.