Managers

Yaletown Partners to manage new $10 mln Accelerate Fund II

Alberta Enterprise Corp (AEC) has launched a second angel co-investment fund, Accelerate Fund II, with a commitment of $10 million. The fund will invest in early-stage Alberta companies in information technology, clean and energy technology, life sciences and agriculture sectors. It was also announced that Canadian growth equity firm Yaletown Partners will manage the fund. Yaletown will do this in partnership with A100, an Alberta association of technology founders and executives, which will act as operators of the fund's industry committee. AEC was recapped by the provincial goverment last year.

Caffeinated Capital collects $17 mln for $75 mln-targeted fund

San Francisco-based venture firm Caffeinated Capital has raised $17 million for its latest fund, according to an SEC filing. The target is $75 million.

Information Venture Partners closes second fund at $106 mln

Toronto-based early-stage venture firm Information Venture Partners has raised $106 million for its second fund, beating its initial $100 million target. The limited partners of Information Venture Partners included Manulife Financial Corp. The firm invests in financial tech and enterprise software companies.

One-year venture returns turn negative in the second quarter

Biomatics Capital raises $200 mln for debut fund

Biomatics Capital Partners has closed its inaugural fund at $200 million, according to an SEC filing. Based in Seattle, the venture firm was established by Boris Nikolic, a former science adviser to Bill Gates.

Recap of VCs on the Move

SignalFire to raise second affiliates fund and affiliates breakout fund

SignalFire has set out to raise a second affiliates fund and a new breakout fund, according to filings with the SEC.

ARCH raises $408.4 mln for ninth fund

ARCH Venture Partners has raised $408.4 million toward a ninth venture capital fund, according to a filing with the SEC.

Manulife helps push Information VP II over the top in $106 mln close

Information Venture Partners wrapped up its second VC fund at $106 million with the help of a fourth strategic investor as well as increased commitments from existing limited partners. Information Venture Partners II, which invests in fintech and enterprise-software companies in Canada and the United States, closed late last month, General Partners Robert Antoniades and David Unsworth told PE Hub Canada. The fund edged past its $100 million target thanks mostly to a commitment from Manulife Financial, a Canadian insurer and financial-services firm.

RiverVest collects over $55 mln for newest fund

St. Louis, Missouri-based venture firm RiverVest Venture Partners has raised over $55 mln for its 3x5 RiverVest Fund II LP, according to an SEC filing. The target is $125 million.