Private Equity
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
Despite the lip service Silicon Valley has given about the need to recruit more women venture capitalists, at senior levels the industry’s gender balance hasn’t budged, even as other industries with poor gender diversity show improvements.
7 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
Many bubble-year funds still struggle to turn the corner. This is the case at the Employees’ Retirement System of the State of Hawaii, where mixed results describe a portfolio of 23 funds with vintages of 1998, 1999 and 2000.
1 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
Healthcare-focused venture firm beats $50 million target
3 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
There are 45 healthcare companies in the Fortune 500. History says some 86 percent of them are doomed to obscurity if they don’t learn how to adjust to life after the giant asteroid hits earth, also known as full implementation of the Affordable Care Act.
4 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
