Emerging Managers

True Wealth Ventures in Austin raises $19.1 mln for women-led businesses

Austin, Texas-based True Wealth Ventures announced it has raised $19.1 million for its inaugural fund. The firm makes early-stage investments in women-led, sustainable consumer and consumer health tech companies in Texas and nationwide. In addition to its gender impact investment strategy, the firm said that more than 80 percent of its limited partners are women.

Homebrew raises $90 mln for third early-stage fund

San Francisco-based seed investor Homebrew, a backer in Bond Street, Pillow and Shyp, among others, announced it has raised $90 million for its third early-stage fund. The new vehicle is 80 percent larger than the $50 million the firm raised almost exactly three years ago for its second fund. At that time, Homebrew also raised $35 million for a follow-on fund to do primarily Series B deals.

Wave Capital raises $31.5 mln for maiden venture capital fund

Wave Capital has raised $31.5 million toward a $35 million maiden venture capital fund, according to a filing with the SEC.

Fashioning a European VC in Milan

Moonrise Capital to raise $100 mln for China venture fund

Moonrise Capital has set out to raise $100 million for a China-focused venture capital fund, according to a filing with the SEC.

New York accelerator Quake Capital unveils third class

New York accelerator and seed investor Quake Capital unveiled its third class of startups.

Notation Capital launches its second fund with a focus on transparency

TLV Partners raises $152.3 mln for second venture fund

TLV Partners has raised $152.3 million for a second venture capital fund, according to a filing with the SEC.

8VC to raise a $640 million second VC fund

Joe Lonsdale's 8VC has set out to raise a $640 million second venture capital fund, according to a filing with the SEC.

Science raises $75 mln for second fund

Santa Monica, California-based incubator and venture firm Science Inc, an early investor in Dollar Shave Club, has wrapped up its second fund with $75 million in commitments, according to a regulatory filing. Twenty LPs committed to the fund, which was previously targeted at $60 million. Science, led by Mike Jones, Peter Pham, Greg Gilman and Tom Dare, has separately launched an incubator for blockchain startups.