Private Equity
(Reuters) - California detectives are investigating a July computer theft at storied venture capital firm Kleiner Perkins Caufield & Byers, a spokeswoman for the Menlo Park police said on Thursday.
2 min read · 22 August 2014
Orios Venture Partners has raised Rs. 300cr for its first venture capital fund. The focus is on tech entrepreneurs based in India.
3 min read · 20 August 2014
Canadian startup accelerators Extreme Startups and GrowLab Ventures have merged and concurrently launched a new pan-Canadian accelerator platform called HIGHLINE. The platform is backed by Canadian venture capital firms BDC Capital and Relay Ventures, as well as several angel investors, including Amar Varma, a senior executive at Pivotal Labs, Clarity Digital Group president Leonard Brody, and Boris Wertz, general partner at Version One Ventures. HIGHLINE will begin hosting startups this fall in Vancouver and Toronto, focusing on early-stage digital company founders with global ambition to scale. It aims to create $10 billion in value over the next 10 years.
6 min read · 19 August 2014
Two executives from Chicago Growth Partners, which decided to stop raising its third fund earlier this year, have raised more than $350 million for investments in rapidly growing companies, a person with knowledge of the plans said.
2 min read · 19 August 2014
According to an SEC Form D filing, OpenView Venture Partners is currently raising capital for its fourth fund. No target was listed in the document.
1 min read · 19 August 2014
Manitoba Technology Accelerator (MTA), a Winnipeg-based commercialization agent on behalf of promising technology startups, will receive up to $1.06 million over the next five years from the federal government. The funding will be channeled through the Canada Accelerator and Incubator Program (CAIP), the 15 recipients of which were announced in June. MTA adds value to its clients through the provision of facilities and infrastructure, mentoring and management, and finance and investment opportunities.
3 min read · 18 August 2014
BDC Capital, an investment arm of the Business Development Bank of Canada (BDC), has entered into a three-year partnership with startup accelerator Creative Destruction Lab (CDL), an affiliate of the University of Toronto's Rotman School of Management. CDL graduates will now be eligible for BDC's convertible note investment program, which since 2012 has invested $13.2 million in 87 Canadian companies, with private investors putting up a further $38 million. Founded two years ago, CDL has generated more than $100 million in equity value and aims to reach $1 billion. In June, BDC partnered with Accel-Rx Health Sciences Accelerator to seed health sciences startups.
4 min read · 18 August 2014
London seed fund for game makers, Japan pharmas study Europe, Italy backs French firm
4 min read · 17 August 2014
According to an SEC Form D filing, London-based Columbia Lake Partners Growth Lending is raising $25 million for its debut fund. Craig Netterfield is listed as the director of the general partner of the issuer in the filing.
1 min read · 15 August 2014
There is a new Canadian technology investor in town. Gibraltar Ventures, a Toronto-based firm that is seeking to bring disruptive technology solutions to consumers and small to medium-sized businesses, this week completed the initial close of its first $50 million fund, Gibraltar Ventures Fund One LP. Backers of the fund included BDC Capital. Gibraltar has also made its first investment, leading the $5.2 million Series A financing of online tickets marketplace FanXchange.
4 min read · 12 August 2014
