News

A year of opportunity, not exits

Innovation continued at a rapid pace in 2017, as did capital flows and mega deals. But liquidity failed to keep pace

Year in Review: Venture-backed M&A drops in 2017

Bridgescale raises $4.1 mln opportunities fund

Bridgescale Partners has raised a $4.1 million opportunities fund, according to a filing with the SEC.

Lerer Hippeau to raise $100 mln sixth VC fund, $50 mln second select fund

Lerer Hippeau Ventures has set out to raise a $100 million sixth venture fund and a $50 million second select fund.

Magma collects $5 mln for sophomore fund targeted at $15 mln

Magma Partners has raised $5 million for its second fund, according to an SEC filing. The target is $15 million. Magma Partners is a seed-stage venture firm that helps Latin American entrepreneurs launch and scale in the U.S. market.

Waves platform to launch blockchain venture fund

Waves Platform, a blockchain platform, is launching a blockchain venture fund. The Basics Fund is seeking an initial $10 million investment for January 2018 with a total of $30 million by April. Alexander Ivanov, founder and CEO of Waves, will serve as a key adviser and principal for the Basics Fund.

Year in Review: New York emerges as key VC rival to Silicon Valley

Year in Review: U.S. venture fundraising shrinks in 2017

N5Capital targets $200 mln with second fund

N5Capital is raising a second venture fund, targeted at $200 million, according to a regulatory filing. The Beijing-based firm makes early-stage investments in the consumer, fintech, sports, and content sectors, according to its website, and is led by Will Jiang and Weiguo Zhao. The filing lists no investors.

FinTech Collective nets over $93 mln for sophomore fund

FinTech Collective has raised over $93 million for its second fund, according to an SEC filing. No target was listed on the document. The New York-based venture firm focuses on financial services technology companies.