News

YL Ventures raises $120 mln for fourth fund

Silicon Valley-based YL Ventures has closed its fourth fund at $120 million. YL Ventures invests in Israeli cybersecurity startups.

OMERS, BMO top up District Ventures' inaugural fund to $70 mln

District Ventures Capital, a Canadian consumer-goods venture capital firm founded by Dragon’s Den star and entrepreneur Arlene Dickinson, has raised additional capital. Ontario Municipal Employees Retirement System (OMERS) and Bank of Montreal (BMO) provided the commitments, increasing District's debut fund to $70 million. OMERS committed $33 million. Calgary-based District invests in early-stage consumer-goods companies, including innovative brands in Canada’s food, beverage and health sectors. The firm also sponsors an accelerator. Fund I was initially capitalized in 2017 by George Weston Ltd, the Saputo family, ATB Financial, Canada Goose CEO Dani Reiss, Retail Ready Foods and other limited partners.

Avestria targets $50 mln for inaugural fund

Avestria Ventures is seeking to raise $50 million for its debut fund, according to an SEC filing. The California-based venture firm invests in early-stage women's health and life science companies.

Maniv Mobility racks up $100 mln for second fund: Reuters

Maniv Mobility, an Israeli venture firm focused on mobility tech, has raised $100 million for its second fund, reported Reuters. The investors in Maniv's fund include Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, Aptiv, BMW i Ventures, Hyundai Motor Group, Lear Corp, LG Electronics, Shell Ventures and Valeo.

U.S. investments and fundraising keep strong pace in Q2

The full year is on pace to be the third largest in last 20 years, thanks in part to an improving exit market

Lance Armstrong's Next Ventures rakes in over $24.5 mln for $75-mln targeted fund

Next Ventures has raised over $24.5 million for its new fund, according to an SEC filing. The target was $75 million. Next Ventures is led by Lance Armstrong.

42CAP wraps up sophomore fund

42CAP, a German venture firm, has closed its second fund at 50 million euros. The fund's investors include European Investment Fund, KfW Capital and Isomer Capital. 42CAP makes seed investments in B2B software in Europe.

Haystack Ventures raises $50 mln fifth venture fund

Haystack Ventures has raised a $50 million fifth venture-capital fund, according to a filing with the SEC.

Measure 8 Venture Partners to raise $250 mln venture fund

Measure 8 Venture Partners has set out to raise a $250 million second venture-capital fund, according to a filing with the SEC.

Fifty Years collects $50 mln for sophomore fund

Fifty Years has raised $50 million for its second fund, according to an SEC filing. Fifty Years is an early-stage venture firm based in San Francisco.