Emerging Managers

Montage Ventures seeks $37.5 million

Palo Alto, California-based Montage Ventures is seeking to raise $37.5 million for its second fund, according to a regulatory filing. The firm invests in financial services, e-commerce, marketplaces and healthcare startups. Montage is led by Managing Partner Todd Kimmel, a former partner with Mayfield and a onetime principal with Advanced Technology Ventures.

Work-Bench Ventures targets $40 mln for second fund

Work-Bench Ventures is aiming to raise $40,000 for its second fund, according to a regulatory filing. The firm, based in New York, is led by Jonathan Lehr and Jessica Lin. It co-invests in Series A and B deals in big data, AI, and data-driven security technologies.

Meridian Street Ventures raises half of targeted $20 mln

Meridian Street Ventures has raised $10 million of a targeted $20 million second fund from one investor, according to a regulatory filing. The firm, located on Meridian Street in Indianapolis, Indiana, is led by T. Scott Law, Jr. The firm focuses on seed and Series A deals in healthcare and B2B technologies.

Germany's HTGF finds fertile ground for seed funding

Peter Thiel affiliated Breakout Ventures raises $46.5 mln for venture fund

Breakout Ventures, a firm affiliated with Peter Thiel-founded Breakout Labs, has raised $46.5 million for a maiden venture fund, according to a filing with the SEC.

Bullpen raises $83.6 mln for third fund

Bullpen Capital has raised additional capital for its third fund, bringing total commitments to $83.6 million, according to a filing with the SEC.

Macro to raise $50 mln venture fund

Blue Cloud Ventures more than halfway to target

Growth-stage SaaS investor Blue Cloud Ventures has raised more than $52.5 million toward a $100 million target, according to a regulatory filing. The New York firm raised more than $50 million for Fund II, which was its first institutional fund, in 2016.

AngelList launches Angel Funds

AngelList, which operates an investment syndicate and helps job seekers find employment at startups, announced today it was launching Angel Funds to help angels start venture funds without the overhead. Venture firm Maiden Lane, an AngelList backer, has committed $35 million to help back angel funds. AngelList co-founder Babak Nivi wrote in a blog post that Angel Funds will provide the infrastructure and capital.

Lonsdale's 8VC raises $256.8 mln toward co-invest fund

Joe Lonsdale's 8VC has raised $256.8 million toward a $400 million co-investment fund, according to a filing with the SEC.