Private Equity
AKT IP Ventures has launched a $20 million fund. According to the firm, the fund will incubate emerging IP-based tech companies.
3 min read · 26 March 2015
New Enterprise Associates has raised close to $2.57 billion toward its fifteenth fund, according to an industry source. Separately, Glynn Capital Management announced the closing of a $200 million fourth fund and Fairview Capital Partners unveiled toward a special opportunities fund of funds, according to filings with the SEC.
2 min read · 25 March 2015
According to a blog post on its site, Accel has closed its fourth India-based fund at $305 million. Accel India IV will focus on tech startups as well as early-stage companies in the consumer, enterprise software, mobile and healthcare sectors. To read the announcement, visit here.
1 min read · 24 March 2015
The Business Development Bank of Canada (BDC) has earmarked $700 million of funding over three years to help finance Canadian women-owned businesses. Beyond supporting existing clients, the funding will over this period provide an additional 300 to 400 in loans to companies that are majority-owned by women. Lesley Lawrence, a BDC senior vice president, will lead and support related initiatives. The announcement was made at the federal government's Women Entrepreneurs Forum in Ottawa.
3 min read · 23 March 2015
Institutional Venture Partners plans to hold a first and final close for its 15th flagship fund on April 21, according to a GCM Grosvenor Private Markets report included in Los Angeles County Employees Retirement Association meeting materials. The firm set a $1.2 billion target and $1.4 billion hard cap on Institutional Venture Partners Fund XV.
2 min read · 23 March 2015
Vivo Capital said it raised $750 million for its eighth fund, according to a press release and a filing with the SEC. The firm said in the release Vivo Capital Fund VIII would invest in later stage pharmaceutical and medical device companies in the United States and in expansion stage healthcare companies in China.
2 min read · 18 March 2015
FKA has raised a $200 million maiden venture fund, according to a filing with the SEC. The firm is made up of the tech group formerly at Atlas Venture and includes general partners Jeff Fagnan, Jon Karlen, Chris Lynch, and Ryan Moore
1 min read · 17 March 2015
According to an SEC filing, San Francisco-based venture firm Obvious Ventures has raised $77.7 million for its debut fund. The firm's co-founders include Ev Williams, a co-founder of Twitter.
1 min read · 16 March 2015
Value of deals, M&A and IPOs all down in month-over-month totals
2 min read · 16 March 2015
Upfront Ventures is raising a $100 million opportunity fund, according to a filing with the SEC.
1 min read · 13 March 2015