Managers

Angel Capital Group unveils micro venture fund

Angel Capital Group has launched a Phoenix, Arizona-based micro venture fund. The pool will focus on investing between $1 million and $5 million in local, regional and national science and tech startups. Black Dog Promotions CEO Scott Kelly will serve as the fund's general manager.

Angel rounds sizes in Midwest, East Coast and Northwest surge past California: study

In an unexpected shift, the size of angels rounds in the Midwest, the Northwest and along the East Coast have surged past those in California, the home to tech centers in Silicon Valley and Los Angeles, according to a new report.

Early-decade funds still chasing venture’s boom--VCJ fund performance report

Indiana portfolio sees gains from Bay Partners, Columbia Capital, although it has struggled for gains.

E-commerce platform Shopify named CIX 2015 Innovator of the Year

Shopify Inc (NYSE: SHOP) (TSX: SH), an e-commerce and retail software provider, has been named CIX 2015 Innovator of the Year by the Canadian Innovation Exchange (CIX). The award, which is given annually, recognizes a Canadian company that has disrupted or transformed an industry. Harry Finkelstein, chief platform officer of Shopify, will accept the award at CIX 2015 in Toronto on November 17, and will be the event's keynote speaker. Ottawa-based Shopify raised about US$150.5 million from its initial public offering on New York and Toronto stock exchanges in May. It was previously venture-backed.

Milner is bullish on e-commerce and Uber, shuns AI alarmism

Russian investor Yuri Milner is bullish on Uber, upbeat about e-commerce in the United States and hopeful intelligent robots won’t wrest control of the world from their human creators.

VCs on the Move Sep 21, 2015

Recent hires and promotions at General Catalyst, Battery, IVP and other venture firms

Chrysalix seals partnership to spur clean-tech innovation in China

Canadian clean-tech venture capital firm Chrysalix Energy Venture Capital has partnered with Hong Kong Science and Technology Parks Corp (HKSTP), which runs the Hong Kong Science Park Venture Capital Partnership Program, a technology incubator. Chrysalix joins other venture firms working with HKSTP to connect startups in China with funding sources. Vancouver-based Chrysalix said the aim of the collaboration is to "create a valuable Asia-Pacific innovation gateway." Earlier this year, peHUB Canada interviewed Chrysalix Co-Founder and CEO Wal van Lierop about the impending first close of Chrysalix Energy LP IV.

Fundraising recap Sep 21, 2015

San Francisco-based firm seeks cloud business apps; 500 closes one fund and plans another; and other fundraising briefs worldwide

Immigration reform tops the list of 2015 issues for U.S. investors

Worldwide, emerging technology remains key areas of opportunity, according to the annual Confidence Survey from Deloitte and the NVCA

Rothenberg to invest $10 mln in virtual reality and related companies

Rothenberg Ventures will invest $10 million in early stage virtual reality and related companies over the next 14 months, according to a news story and itsWeb site. The investments will be channeled through its River program for advanced technologies such as VR, augmented reality, artificial intelligence, robotics and computer vision.