Private Equity
Correction: An earlier version of this item contained the link to an SEC filing that misstated the amount for this co-investment, which is not a fund as previously reported. It has since been corrected with a link to an amended filing.
1 min read · 27 January 2017
E.ventures is seeking to raise $115 million for its second growth fund, according to an SEC filing. Based in San Francisco, the venture firm makes early-stage investments in the consumer internet, digital media and mobile sectors.
1 min read · 27 January 2017
Nyca Partners has closed its latest venture fund at over $125 million. Launched in 2014 by Hans Morris, a former president of Visa, Nyca invests in the fintech sectors.
2 min read · 27 January 2017
2 min read · 27 January 2017
Real Matters, a Canadian provider of real estate industry services, is looking to raise about $150 million in an initial public offering that could come as early as next month, sources told Reuters. The IPO is expected to value the company at about $1 billion. The company's investors include Canadian venture capital firm Whitecap Venture Partners, Canadian specialty finance firm Wellington Financial, and Urbana Corp, according to startup data provider CrunchBase and public documents.
2 min read · 26 January 2017
Las Olas VC has raised $10.05 million for its first fund, according to an SEC filing. The target is $50 million. Based in Fort Lauderdale, Florida, Las Olas VC backs tech startups.
1 min read · 26 January 2017
Some of Canada's largest corporations and top executives launched two separate initiatives this week, investing millions of dollars into startup programs they hope will help stem a brain drain in fields like artificial intelligence and financial technology, Reuters reported. NextAI, which was unveiled on Wednesday, and Diagram, announced on Tuesday, both aim to halt the loss of the country's best technology talent by helping to launch new Canadian-based companies through seed funding and mentorship. "A lot of people are looking to come back, but it's hard to find the right backing and opportunity in Canada," said Diagram CEO and Founder, François Lafortune. "Canada must get this right.
2 min read · 26 January 2017
2 min read · 25 January 2017
Amiti Capital has raised $37.78 million for its second fund, according to an SEC filing. The target is $75 million. Based in Israel and Evanston, Illinois, Amiti invests in early-stage Israel tech companies.
1 min read · 25 January 2017
Pangaea Ventures, a Canadian pioneer of advanced-materials investing, has launched its fourth VC fund with an initial commitment from heavyweight strategic backers. In a newsletter issued this week, the Vancouver cleantech investor said Pangaea Ventures Fund IV secured roughly half its $105 million (US$80 million) target. If it raises the whole amount, Fund IV will be the largest in the firm’s 16-year history. The fund's initial limited partners included major corporations based in North America, Europe and Asia.
2 min read · 25 January 2017
