News

Steve Anderson's Baseline Ventures to raise Baseline Ventures 1819

Steve Anderson's Baseline Ventures has set out to raise Baseline Ventures 1819, according to a filing with the SEC.

Joseph Malchow's HNVR to raise $100 mln venture-capital fund

Joseph Malchow's HNVR has set out to raise a $100 million venture-capital fund, according to a filing with the SEC.

AlphaX Partners collects $19.15 mln for inaugural fund

AlphaX Partners, a China-based venture firm focused on high tech and the internet, has raised $19.15 million for its initial fund, according to an SEC filing. No target was listed on the document.

Silicon Valley Bank expands into Canada, hires Barbara Dirks

U.S. technology debt financing firm Silicon Valley Bank (SVB) has expanded into Canada, securing a federal order establishing it as a lending branch. The Santa Clara, California-based firm will begin operations following the approval of the Superintendent of Financial Institutions. SVB said it hired Barbara Dirks to lead its Canadian expansion and team. Dirks joins the firm from Royal Bank of Canada, where she served as a senior vice president of network and advisor strategy. SVB, a part of SVB Financial Group (Nasdaq: SIVB), will provide banking solutions to private and public technology companies and their investors in Canada, as well as cross-border services.

On Target Labs attracts funding

Indiana-based On Target Laboratories Inc, which is developing tumor-targeted fluorescent dyes to improve cancer surgery, has secured funding that raises its total tally close to $44 million. Johnson & Johnson Innovation – JJDC Inc led the round with participation from H.I.G. BioHealth Partners, Elevate Ventures and Helsinn. Wedbush was strategic adviser and placement agent to On Target Laboratories in connection with the financing.

Flagship Pioneering provides $50 mln to Foghorn Therapeutics

Cambridge, Massachusetts-based Foghorn Therapeutics, a developer of therapies for cancer and other serious diseases, has secured $50 million in funding. The investor was Flagship Pioneering.

How to scale a venture capital (or private equity) fund

Travis Kalanick launches family office to target China, India

Top 10: software, internet content, and biotech dominate venture deals in February

SoftBank's SBCVC to raise sixth venture fund

SoftBank's SB China Venture Capital, or SBCVC, has set out to raise a sixth venture capital fund, according to a filing with the SEC.