Private Equity
2 min read · 13 June 2017
The Fonds de solidarité FTQ said it will invest $1 billion in innovation and venture capital market activities over the next five years. The announcement was made at last week's Invest Canada '17 conference in Montréal, which was jointly sponsored by the Canadian Venture Capital and Private Equity Association and Réseau Capital. The Fonds participates in the domestic venture capital market via direct investments and commitments to specialized funds. It also backs a variety of ecosystem development programs. Based in Montréal, the Fonds oversees $12.2 billion in net assets.
2 min read · 13 June 2017
MedMen has raised $60 million for its cannabis-focused MedMen Opportunity Fund, according to a filing with the SEC.
1 min read · 13 June 2017
Intudo Ventures has closed its debut venture fund at $10 million. Intudo Ventures I will focus on backing early-stage companies in Indonesia.
4 min read · 13 June 2017
2 min read · 13 June 2017
3 min read · 12 June 2017
2 min read · 12 June 2017
Richmond, Virginia-based venture firm NRV has closed its early-stage growth fund at $33 million. NRV Early Stage Growth Fund LP will invest in promising, high-growth companies in Virginia. The pool's limited partners include 83 business leaders in Virginia.
2 min read · 12 June 2017
The University Venture Fund is raising a second venture fund with a target of $30 million, according to a filing with the SEC.
1 min read · 12 June 2017
Sway Ventures is raising a second fund at $250 million, according to a pair of regulatory filings targeted at $85 million and $165 million. No commitments have yet been raised. The San Francisco-based firm invests in early to mid-stage technology companies, according to its website, and is led by Brian Nugent and William Malloy III. In December 2016, AITV announced it would rebrand as Sway Ventures. As AITV, the firm said it raised $173 million for its first fund.
1 min read · 12 June 2017
