News

Brooklyn Bridge edges toward $15 mln target

Brooklyn Bridge Ventures has raised nearly $9.4 million of a targeted $15 million second fund. The firm raised $8.25 million for its inaugural fund, which has backed Ample Hills Creamery, Canary Connect, Hungryroot and Ringly, among others.

Karma Ventures collects about $45 mln for initial fund

Karma Ventures has raised 40 million euros (about $45 million) for its Luxembourg-based debut fund that targets European startups. The pool's investors include Ambient Sound Investments and the Baltic Innovation Fund.

DFJ raises $350 mln 12th venture fund

DFJ has closed on $350 million for its 12th fund, raised in record time and with a single close.

Harmony aims to hit chord with $100 mln targeted fund

Harmony Partners, which focuses on expansion rounds, has set out to raise $100 million for its third fund. The fund is a step up from Harmony Partners II, which raised $85 million in 2014.

MissonOG raises $35 mln for debut venture fund

Philadelphia-based MissionOG has closed its first venture fund at $35 million. The firm focuses on early and growth-stage B2B companies.

Recapped Alberta Enterprise makes debut fund commitment

Alberta Enterprise Corp (AEC) has made its first investment since receiving an additional $50 million from the provincial government late last year. AEC committed $5 million to Avrio Ventures LP III, the third institutional late-stage fund of Avrio Capital, a Calgary-based venture capital firm. AEC, a fund of funds that backs venture capital funding of Alberta-based companies, said the Avrio commitment supports its goal of diversification and creation of local value-added agriculture products and technologies.

AccelFoods raises $20 mln fund, backs six startups

AccelFoods, an accelerator for packaged food and beverage companies, added six startups to its portfolio. The companies, part of AccelFoods’ fourth class, are the first to be backed by the accelerator’s newly launched $20 million second fund.

Blumberg Capital raises $177.1 mln toward fourth fund

Blumberg Capital has raised $177.1 million toward a fourth early stage fund, according to an SEC filing.

Savano targets $100 mln for positions in late-stage companies

Baltimore-based firm could raise up to $125 million for its direct secondaries vehicle

Matrix Partners collects $500 mln for fourth China fund

Matrix Partners has raised $500 million for its fourth China-focused venture fund, according to an SEC filing. The firm's previous fund Matrix Partners China III closed at $350 million, as reported by PE HUB.