Managers

Investments, fundraising rise modestly in first quarter

DCVC and SynBioBeta roll out pre-seed and seed fund

Data Collective has teamed up with Dr. John Cumbers, founder of SynBioBeta, to launch a pre-seed and seed venture fund that will back synthetic biology startups. No financial terms were disclosed.

OMERS Ventures among partners in Infiniti Lab's Toronto launch

Infiniti Lab, the technology accelerator program of Asian car manufacturer Infiniti Motor Co Ltd, announced its launch in Toronto. The program, which will be produced locally in partnership with Multiplicity, will support pre-seed Toronto startups operating in the Internet of Things and smart city innovation sectors. With the program's formal launch in May, a select number of startups will work with corporate and industry partners, including OMERS Ventures, Telus Ventures and Techstars. The Toronto-based expansion is Infiniti Lab's first international launch.

Venture Investment Associates raises $78.7 mln for seed fund

Venture Investment Associates has raised $78.7 million for a seed fund, according to a filing with the SEC.

Lumira Capital IV wins commitment from BC Tech Fund

BC Tech Fund has made an undisclosed commitment to Lumira Capital IV, the fourth healthcare and life sciences fund of Canadian venture capital firm Lumira Capital. Dr. Richard Glickman, chairman and CEO of Victoria, British Columbia-based Aurinia Pharmaceuticals Inc (Nasdaq: AUPH, TSX: AUP), a Lumira portfolio company, was concurrently named a partner at the firm. Earlier this week, Vancouver's Zymeworks Inc, another Lumira portfolio company, filed to go public. Capitalized at $100 million, BC Tech Fund was launched last year under the management of Kensington Capital Partners.

Intel, Accel, Greylock to see potential paydays from Cloudera offering

Kevin Rose to join True Ventures as venture partner

Canadian VC begins 2017 strongly as top Q1 deals take C$400 mln

On the Bleeding Edge: More GPs and LPs need to show interest in women in VC

Base raises $8.8 mln toward second venture fund

Base Ventures has raised $8.8 million toward a $10 million second fund, according to a filing from the SEC.