News

Pear closes larger fund, adds to team as LP interest in seed grows

Seed-focused Pear ups its fund size by 50 percent and adds two partners

Ascent Venture collects over $71 mln for sixth fund

Ascent Venture Partners has raised over $71 million for its sixth fund, according to an SEC filing. The target is $150 million.

Seed-focused Pear raises $75 mln for Fund II

Palo Alto, California-based Pear, which focuses on seed-stage deals and is known for hosting its community events, has closed an oversubscribed second fund with $75 million in commitments. The fund is 50 percent larger than the $50 million the firm raised for Fund I, which closed in 2013 and was raised mostly from the fortunes of Pejman Nozad and Mar Hershenson, the founding managing partners.

Austin-based True Wealth seeking $20 mln for women-led businesses

Austin, Texas-based True Wealth Ventures has raised $4.7 million of a targeted $20 million fund, according to a regulatory filing.

BootUp Capital to raise $10 mln venture fund

BootUp Capital Partners has set out to raise a $10 million venture fund, according to a filing with the SEC.

TTV Capital collects over $59 mln for fourth fund

TTV Capital has raised over $59 million for its fourth fund, according to an SEC filing. The target is $100 million.

Genesys III raises most of $125 mln target from HarbourVest, other LPs

Genesys Capital has collected most of the $125 million target set for its third venture fund, adding to the momentum felt of late in Canada’s life-sciences sector. Genesys Ventures III initially closed at $90 million in committed capital, the Toronto-based firm announced this week. That puts the fund more than 70 percent of the way to reaching its final goal, expected early next year, Managing Director Damian Lamb told PE Hub Canada.

Susa Ventures unveils a $50 mln second seed fund

Susa Ventures unveiled a $50 million second seed-stage fund that at double the size of the first will enable the firm to increase its check size.

Genesys raises most of third life sciences fund from HarbourVest, other LPs

The Canadian life sciences firm tells VCJ it expects to reach its goal early next year

Expa Capital targets $100 mln for second fund

Expa Capital has raised $100 million for its recent fund, according to an SEC filing. The San Francisco-based venture firm that was founded by Garrett Camp, co-founder of Uber, generally invests between $500,000 and $1 million in companies.