News

Work-Bench raises more than $46 mln for enterprise startups

New York City-based Work-Bench, an enterprise-focused venture fund and community, raised more than $46.2 million for its second fund, according to a regulatory filing. Work-Bench was co-founded by General Partners Jonathan Lehr and Jessica Lin in 2013. It is based in a 32,000-square-foot office in Union Square where it hosts events and operates an enterprise tech hub.

Venture capital emerging manager roundup: March, Atomic, Palisades and more

ARCH Venture Partners to raise $600 mln for 10th fund

ARCH Venture Partners is seeking to raise $600 million for its tenth fund, according to an SEC filing. The Chicago-based venture firm makes seed/early-stage investments in tech firms.

CDPQ launches Cheffes de file to support women-led companies

Caisse de dépôt et placement du Québec (CDPQ) has launched Cheffes de file, an initiative intended to help grow women-led companies in Québec. Cheffes de file will operate as a collaboration platform, bringing women entrepreneurs together to share best practices. Additionally, participants will be provided with value-adding resources and information, as well as access to local and global networks of coaches and experts. Cheffes de file will include about 50 women who are decision-makers and shareholders of Québec companies with sales ranging from $5 million to $20 million.

Maven Ventures targets $50 mln for third fund

Maven Ventures is seeking to raise $50 million for its third fund, according to an SEC filing. The Palo Alto, California-based venture firm invests in consumer software and mobile startups.

Bessemer resists fund scaling with $1.85 bln 10th fund

Bessemer launches $1.85 bln fund

Bessemer Venture Partners has launched an $1.85 billion fund. BVP X will focus on investing in early-stage tech companies.

Venture capital distributions rose 14 percent last year

Fund Performance: PSERS venture portfolio, vintages 2003 to 2007

Venture investing slows in Europe, but fundraising strong in Q3