Emerging Managers

Canada's Amplitude more than halfway to final close on debut fund

The BDC spin-out has raised over half of the C$200 ($152 million) target for its first fund.

Conexus Credit Union closes maiden fund at $30 mln

Conexus Credit Union has closed its inaugural venture fund at $30 million. The limited partners of Conexus Venture Capital Fund include credit unions, individual business leaders and a Saskatchewan-based retail venture fund with approximately 28,000 Saskatchewan-based shareholders. The fund will invest in Saskatchewan-based technology startups.

TandemLaunch collects about $30 mln for third fund

Montreal-based TandemLaunch has closed its third fund at about $30 million. TLVIII will back 20 new Canadian tech startups. The fund's investors include Fonds de solidarité, BDC Capital Harbor Street Ventures and the Venture Capital Catalyst Initiative. TandemLaunch is a start-up foundry and seed fund focused on creating, incubating and accelerating early-stage technology startups.

Unusual Ventures targets $400 mln for sophomore fund

Unusual Ventures is seeking to raise $400 million for its second fund, according to an SEC filing. Based in Menlo Park, California, Unusual Ventures is an early-stage firm that invests in both consumer and enterprise startups.

Southeast Asian fundraising on a record pace

Southeast Asia has recently seen a surge in VC fundraising. Here are some of 2019's most notable fund closes from the region.

Emerging manager roundup: Jackson Square, Base10, Telstra and more

Incube Ventures closes third fund at $55.25 mln

San Jose, California-based Incube Ventures, a life science venture firm, has raised $55.25 million for its third fund, according to an SEC filing. No target was listed in the document.

Fund Notes: October 2019

In announcing its third fund, the head of Bloomberg Beta said he is donating a part of his carry to organizations in need

Catalyst Health holds interim close on fourth fund

Emerging manager Base10 quickly raises sophomore fund