Private Equity
Sustainable Development Technology Canada (SDTC) has begun a new funding process for Canadian clean technology development and demonstration projects. Its two venture capital funds, SD Tech Fund and SD Natural Gas Fund, have opened up for applications through to April 13, 2016. SDTC, a foundation funded by the Canadian government, has a portfolio comprised of 285 clean technology projects representing an investment of over $740 million and a market capitalization of over $2 billion.
3 min read · 18 February 2016
500 Startups is raising a $30 million fund focused on Japan, according to a regulatory filing. The filing for 500 Startups JP lists co-founders Dave McClure and Christine Tsai, as well as James Riney, who heads up 500 Startups Japan. Riney previously was principal with DeNA's venture arm and before that was founder and CEO of ResuPress in Tokyo.
1 min read · 18 February 2016
The life sciences team from Index Ventures goes it alone with its first independent fund and is banking on the continent’s universities for deal flow
3 min read · 18 February 2016
The PE-focused fund follows a new $500 million venture fund the Virginia firm just closed
2 min read · 17 February 2016
Mayfield Fund has set out to raise a 15th fund, according to a filing with the SEC.
1 min read · 17 February 2016
Lightstone Ventures closed a $50 million fund focused on investing in Singapore-based life sciences technologies and companies. Temasek, an investment company based in Singapore, and EDBI, the corporate investment arm of the Singapore Economic Development Board, have invested in the fund.
4 min read · 17 February 2016
BDC Capital has launched its second information technology venture fund, IT Venture Fund II, sized at $150 million. The fund, which brings capital managed by the BDC Capital IT Venture Fund group to $300 million, will be focused on Series A and B financings of mature startups that "have a product in market and are already generating revenues from customers,” Managing Partner Robert Simon said. The fund will thereby help address a mid-stage financing gap now facing Canadian software companies, Simon said. Fund II, which will continue to lead most of its deals and leverage syndicate partners, has already made 11 investments. They include online retailer Cymax, which raised US$25 million last October.
3 min read · 17 February 2016
Columbia Capital closed its latest venture capital fund, Columbia Capital Equity Partners VI, at its $500 million hard cap, exceeding its $425 million target. Columbia targets investments between $15 million to $40 million in internet infrastructure, mobility, enterprise cloud, cyber security and media.
1 min read · 16 February 2016
GGV Capital has set out to raise $1.13 billion in capital for two new funds, according to a pair of filings with the SEC.
1 min read · 12 February 2016
Spanish bank BBVA has spun out its corporate venture unit into an independent venture firm, Propel Venture Partners, according to sources at the bank and Propel's website.
1 min read · 11 February 2016
