Private Equity
VCJ receives two awards for past cover stories
1 min read · 05 June 2015
Early-stage investor Fuel Capital is seeking to raise $35 million for its second fund, according to a regulatory document. The San Francisco-based venture firm, which has ties to Ignition Partners, previously raised $25.5 million for its first fund, which closed in 2013, according to Thomson Reuters.
1 min read · 04 June 2015
Seattle-based Tola Capital, which focuses on enterprise software companies, has filed a regulatory document seeking to raise $116.4 million for its inaugural fund, called Tola Ventures. The filing appears to be a continuation of its ongoing fundraising efforts in which it is seeking to raise $150 million for its inaugural fund. Last fall, the firm closed on $33.6 million from 18 investors.
1 min read · 04 June 2015
Kensington Venture Fund, a venture fund of funds managed by Canadian alternative assets investor Kensington Capital Partners, has raised an additional $33 million in its second close. New limited partner Torstar Corp and existing investors, including Richardson GMP, provided commitments, which bring the fund's total to $193 million. Kensington Venture Fund, which is also backed by Ottawa's Venture Capital Action Plan (VCAP), raised $160 million in a first close last November. To date, it has made commitments to six Canadian venture capital funds and direct investments in four Canadian companies. Kensington, which has its headquarters in Toronto, opened a new office in Calgary in April 2015.
3 min read · 04 June 2015
Madrona Venture Group has closed a $300 million sixth fund for early stage technology investing primarily in the Pacific Northwest. The firm said the fund was oversubscribed from existing LPs.
1 min read · 04 June 2015
This is not your father’s tech company. More millennials are entering the workforce and launching startups innovating with the younger generation in mind.
6 min read · 04 June 2015
Felix Capital Partners, the new London-based venture firm from Frederic Court, closed its debut fund at its hard cap of $120 million, as European venture capital activity appears to be picking up.
2 min read · 03 June 2015
Berlin-based early-stage venture firm Point Nine Capital has raised 55 million euros for its third fund, according to a blog post by Christoph Janz, a managing partner at the firm. The limited partners of Point Nine Capital III include Horsley Bridge Partners, Sapphire Ventures, Flossbach von Storch and Vintage Investment Partners. To read the post, visit here.
1 min read · 03 June 2015
A new feature, launched by VCJ and peHUB, allows you, dear reader, the opportunity to Ask an LP any questions about the hottest topics in venture.
1 min read · 03 June 2015
Winners in the Texas County and District Retirement System venture portfolio include OrbiMed, Khosla, TCV.
2 min read · 03 June 2015