Emerging Managers

TechU targets $25 mln for venture fund

TechU Ventures is raising a $25 million first fund, according to a regulatory filing. The firm is managed by Natanel Barookhian, founder of TechU Angels, and based in Great Neck, New York. The filing lists no investors.

Flying Fish raises $2.5 mln for its coffers

Seattle-based Flying Fish Venture Partners has raised $2.5 million for its inaugural fund, Flying Fish Fund I, according to a regulatory filing. The target fund size is not known, but the firm raised the commitments from 13 investors, according to the reg filing. The firm, founded by a team of Seattle angel investors, invests in Pacific Northwest startups in cloud computing, artificial intelligence, speech and natural language, machine learning and Internet of Things, according to its website. The listed partners are Geoff Harris, Heather Redman and Frank Chang.

Sure Ventures seeks to raise undisclosed fund size

Sure Ventures, a San Francisco-based firm focused on early-stage insurtech deals, filed a regulatory document seeking to raise its inaugural fund. A target amount was not listed. The firm is led by Gopinath Rangan, a co-founder of INSEAD Angels and an adviser with Village Capital and Plug and Play Tech Center, according to his LinkedIn.

Base10 Partners changes fund name, raises $83.8 mln

Base10 Partners has raised $83.8 million toward a $125 million target for its first fund, according to a regulatory filing. The fund, Base10 Partners I, was previously known as Urizen Early Stage Ventures II, and has secured commitments from 12 investors, according to the filing. The San Francisco firm is led by Adeyemi Ajao and TJ Nahigian. Base10 focuses on investing in companies working with automation and intelligent software, according to its website.

Streamlined Ventures to raise $30 mln opportunity fund

Streamlined Ventures has set out to raise a $30 million opportunity fund, according to a filing with the SEC.

1984 Ventures seeks $75 mln for inaugural fund

San Francisco-based 1984 Ventures, led by entrepreneur and investor Ramy Adeeb, is seeking to raise $75 million for its first venture fund, according to a regulatory filing. Adeeb is the founder and CEO of Snip.it, which was acquired by Yahoo. He is also a onetime principal at Khosla Ventures, where he worked on such investments as Square and Ness Technologies, according to his bio.

Berlin’s Target Global is sticking with companies for longer

Indicator Ventures to raise $60 mln second venture fund

Indicator Ventures has set out to raise a $60 million second venture fund, according to a filing with the SEC.

Vertical Venture Partners seeks $80 mln for enterprise tech

Menlo Park, California-based Vertical Venture Partners is seeking to raise $80 million for its second fund, according to a regulatory filing. The firm, which focuses on enterprise companies that target vertical markets, raised $51.3 million for its first fund. The firm was founded by Managing Partner David Schwab, who previously was with Sierra Ventures.

CircleUp creates CircleUp Growth Partners, raises $125 mln fund

San Francisco-based CircleUp, which operates an investment marketplace focused on early-stage consumer brands, announced today it raised a $125 million fund, CircleUp Growth Partners, which closed at 25 percent above its $100 million target. The firm, led by Managing Directors Alison Ryu and Ben Lee, will use the funds to invest in consumer brands, via a machine-learning platform it developed, called Helio.