Emerging Managers

Walden Riverwood fund seeks to raise $300 mln

Walden Riverwood Ventures is seeking to raise $325 million for its third fund, according to a regulatory filing, called WRV III. The firm is led by Executive Managing Directors Lip-Bu Tan, Michael Marks and Nicholas Brathwaite and makes early-stage investments in what it calls core technologies, such as robotics company Bossa Nova, AI open source provider H20.ai and cell researcher Berkeley Lights.

Monthly recap of fund briefs, as of July 16

SaaS growth investor Blue Cloud Ventures wraps up its second institutional fund

Boston's Glasswing Ventures closes AI-focused debut on $112 mln

Xange's Rose: French VC moving at speed of U.S. peers

Builders VC Fund marches toward $200 mln target

Early-stage venture firm Builders, which has offices in San Francisco and Chicago, has raised more than $115.5 million from 36 investors toward its $200 million targeted inaugural fund, according to a regulatory filing. The Builders VC Fund was launched in late 2016 by Paul Lee, who was formerly with Lightbank, and Jim Kim, who previously was with Formation 8. Separately, Builders raised $10 million from three investors for Builders VC Entrepreneurs Fund I, according to a regulatory document.

Moonshots Capital, led by and investing in military vets, rockets from angel to venture

Cintrifuse holds first close on $85 mln fund

Cincinnati-based Cintrifuse has raised a little more than $34 million of a targeted $85 million fund, according to a regulatory filing. The syndicate venture fund invests in early-stage funds and entrepreneurs nationwide. Its previous fund was $57 million.

Jay-Z to launch venture firm with Walden's Larry Marcus

Monthly recap of fund briefs, as of June 21