News

Fund performance: Bets pay off for venture funds in UC portfolio

Recent vintage funds from Insight, Claremont, OrbiMed continue to advance

Math Venture Partners targets $25 mln for debut fund

According to an SEC Form D filing, Chicago-based Math Venture Partners is seeking to raise $25 million for its initial fund. The firm was founded by Mark Achler and Troy Henikoff

Intel Capital creates $100 mln smart devices fund in China

Intel Capital said it has formed a $100 million fund to invest in Chinese companies working on smart devices, including tablets, smart phones, PCs, 2in1s, wearables, and the Internet of Things, and on other related technologies in China. The venture capital arm of Intel announced the China Smart Device Innovation Fund at the annual Intel Developer Forum in Shenzhen.

Fund performance: Gains in venture performance lift University of California portfolio

Funds from the Column Group, GGV and Canaan advance smartly

Nokia Growth Partners raises $100 mln for auto tech fund

Nokia Growth Partners has teamed up with HERE to launch a $100 million connected car fund. The pool will invest in auto tech firms.

MaRS welcomes Ontario's commitment to new $30 mln life sciences VC fund

Canadian commercialization agent MaRS Innovation has welcomed the Ontario government's commitment to a new $30 million life sciences seed venture capital fund, which was recently announced in the 2014 Ontario budget. The fund is a partnership between the provincial government, the private sector and hospital foundations that will focus on investing in Ontario-based, early-stage life sciences companies. Located within the Toronto-based MaRS Discovery District, MaRS Innovation commercializes opportunities emerging from 16 leading academic institutions.

Lightstone Ventures closes $172 mln for first fund

Lightstone Ventures said Thursday that it has raised $172 million for its debut life sciences fund. The pool will focus on early-stage biotech and medical device firms.

European fund briefs compiled for May 2014

DN fund to wrap, LSP into medtech, Poland boosts Ukrainian SMEs

Fund briefs

Angels raise bitcoin fund; Morris launches bi-coastal fintech-focused firm; Accel’s revamped team has $1.5 billion in new capital

Valuation discipline remains, mutual fund investors say

The goal is to invest in the cream of the crop and to develop a long-term relationship with a company in advance of its IPO