News

Canada's Amplitude more than halfway to final close on debut fund

The BDC spin-out has raised over half of the C$200 ($152 million) target for its first fund.

Southeast Asia. Which country has the most unicorns and the largest population?

Indonesia leads the way in number of current unicorns, followed by Singapore, which is closing the gap with some almost-unicorns

Modus Capital unveils $75 mln fund

Modus Capital has launched its first regional fund at $75 million. Modus Mena Venture Fund I will target early and growth-stage companies across the Middle East and North Africa.

Conexus Credit Union closes maiden fund at $30 mln

Conexus Credit Union has closed its inaugural venture fund at $30 million. The limited partners of Conexus Venture Capital Fund include credit unions, individual business leaders and a Saskatchewan-based retail venture fund with approximately 28,000 Saskatchewan-based shareholders. The fund will invest in Saskatchewan-based technology startups.

AgFunder collects $20 mln for new protein fund

AgFunder has raised $20 million for its new alternative protein fund. Based in San Francisco, AgFunder is a foodtech and agtech venture firm.

TandemLaunch collects about $30 mln for third fund

Montreal-based TandemLaunch has closed its third fund at about $30 million. TLVIII will back 20 new Canadian tech startups. The fund's investors include Fonds de solidarité, BDC Capital Harbor Street Ventures and the Venture Capital Catalyst Initiative. TandemLaunch is a start-up foundry and seed fund focused on creating, incubating and accelerating early-stage technology startups.

Brazilian venture firm Monashees targets $280 mln for ninth fund

Brazilian venture firm Monashees is seeking to raise $280 million for its ninth fund, according to an SEC filing. A year ago, as previously reported by PE HUB, the firm closed its eighth fund at $150 million.

It pays to go direct for OMERS Ventures

The venture capital arm of Ontario Municipal Employees’ Retirement System, is currently investing out of its third vehicle, which closed on C$300m.

Where are they now? Social Capital

We followed up with some of Social Capital's former partners to find out what came of the executives who left the firm.

Unusual Ventures targets $400 mln for sophomore fund

Unusual Ventures is seeking to raise $400 million for its second fund, according to an SEC filing. Based in Menlo Park, California, Unusual Ventures is an early-stage firm that invests in both consumer and enterprise startups.