Emerging Managers

The House, Gradient Ventures launch AI accelerator at UC Berkeley

The House, Google’s Gradient Ventures and machine learning researchers from UC Berkeley have teamed up to launch AI@The House, an artificial intelligence innovation hub at the university that includes an AI accelerator. The accelerator will help AI-focused companies with thought leadership, venture funding and provide engineer office hours and co-hosting events. Investments in the accelerator companies will reach up to $120,000, and companies are eligible for additional investment from The House. Any company with at least one UC Berkeley affiliated founder on the team is eligible to apply.

New Israeli VC Grove Ventures is betting big on hardware

Agent Capital raises $52 mln for maiden venture capital fund

Agent Capital has raised $52 million for a maiden venture capital fund, according to a filing with the SEC.

Well-connected Ali Partovi seeks $50 mln for Neo Fund

Angel investor Ali Partovi, co-founder of LinkExchange and Code.org and an early adviser and investor at various tech companies, has filed to raise $50 million for his firm Neo Fund, according to a regulatory filing. The filing lists the firm's address at the Ferry Building in San Francisco. His brother, Hadi Partovi, with whom he often co-invests, is not listed on the filing. The Partovi brothers have been involved in various fast-growing and successful companies, such as investing in Zappos and Facebook, launching the nonprofit Code.org, which is developing computer programming education, and they have served as advisers to Dropbox and Indiegogo, among others. They are also the cousin of Uber CEO Dara Khosrowshahi.

Pioneer Square Labs raises $40.8 mln venture capital fund

Pioneer Square Labs has raised a $40.8 million venture capital fund, according to a filing with the SEC.

Bridgescale raises $4.1 mln opportunities fund

Bridgescale Partners has raised a $4.1 million opportunities fund, according to a filing with the SEC.

Year in Review: U.S. venture fundraising shrinks in 2017

Year in Review: Sexual-harassment charges, ICOs dominated 2017

Bill Maris' Section 32 to raise $250 mln second venture fund

Bill Maris' Section 32 has set out to raise a second venture fund only seven months after raising the first, according to a filing with the SEC.

Hadean Ventures raises $118 million life sciences venture capital fund

Nordic-based Hadean Ventures said it raised a $118 million venture capital fund to invest in life sciences companies, according to a press release.