Managers

Eniac Ventures closes fourth seed fund at $100 mln

Eniac Ventures has raised $100 million for its fourth seed fund, according to a blog post. Among the sectors Eniac focuses on are robotics and augmented reality/virtual reality.

Eniac raises $100 mln to handle larger seed rounds, launches full-service platform

Data Spotlight: AppDynamics sale to Cisco leads M&A in Q1

OrbiMed’s Silverstein discloses Parkinson’s diagnosis, plans to stay in role

BIP Capital merges with Accelerant

BIP Capital has merged with Accelerant Venture Capital.

Maveron raises $96 mln toward sixth fund

Maveron has raised $96 million toward a $116 million sixth fund, according to a filing with the SEC.

GE, BDC Capital, Ryerson launch seed fund for Calgary startups

The Canadian subsidiary of GE (NYSE: GE), GE Ventures, BDC Capital and Ryerson Futures have joined forces to launch the ZSC Seed Accelerator Fund. The fund will provide seed-stage financing to companies in Zone Startups Calgary (ZSC) that are looking to commercialize their technologies. BDC Capital said it also plans to facilitate access to other investment opportunities for ZSC-backed companies though its Venture Acceleration Program. ZSC focuses on accelerating local startups in the industrial internet of things, cybersecurity and energy sectors.

IPO Profiles: Three IPOs in March, led by unicorns MuleSoft, Snap

VC-backed stocks drop 213 points in March

BDC unveils corporate innovation and venturing program

BDC Capital has launched a new scheme to encourage more corporate players to participate in Canada's innovation ecosystem. The Corporate Innovation and Venturing Program was unveiled this week at the first ever Canadian Corporate Innovation Summit held in Toronto. BDC Capital's Neal Hill said the program is intended "to help move the needle on corporate innovation." It will focus on raising corporate awareness about the value of innovation and facilitating connections; increasing the number of corporate players active in the ecosystem as partners and investors, and; introducing global corporate venture capital funds to Canada.