Bridge Line Ventures has closed $653,456 of a targeted $100 million fund, according to a regulatory filing. The firm is based in Boca Raton, Florida, and is led by Leonard Sokolow, Robert Abrams and Robert Spitler.
River Cities Capital Funds is targeting $200 million for its sixth fund, according to a filing with the SEC. The Cincinnati, Ohio-based firm is led by Daniel Fleming, J. Carter McNabb, Robert Heimann and Rurik Vandevenne, and invests in healthcare and information technology startups, according to its website. The fund has yet to secure any investor commitments.
Outpost Capital has raised $5 million for a targeted $50 million inaugural fund, according to a regulatory filing. The Mountain View, California, firm is led by Ryan Wang and Sha Zhou, and invests in virtual and augmented reality, artificial intelligence, and blockchain technologies with an emphasis on China. The $5 million comes from one investor.
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 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.
Los Angeles-based Macro Ventures is aiming to raise a $50 million maiden venture fund, according to a regulatory filing. The Macro Ventures Fund I is run by Mike Palank. His bio says he a former hedge fund equity analyst. No investor commitments were yet reported on the filing.
Partners Innovation Fund has closed its funding at slightly more than $64 million, according to a regulatory filing. The Cambridge, Massachusetts-based fund is the venture arm of Partners HealthCare, and is led by Carl Berke, Meredith Fisher, Roger Kitterman and Julius Knowles. The fund raised $64.085 million from 13 investors, according to the filing.
Afore Capital announced it has closed on $45.875 million in funding, slightly less than its targeted $46 million, according to a regulatory filing. The San Francisco-based firm is led by Anamitra Banerji, formerly a partner at Foundation Capital, and Gaurav Jain, formerly a principal at Founder Collective. The firm announced in August that it was targeting a $40 million fund. To date, 41 investors have committed to the fund.
Benchmark said Tuesday that Sarah Tavel has joined the firm as its first female general partner.
SVB Capital announced that it has closed its fourth fund on Monday, raising $225 million from 44 investors, according to a regulatory filing with the SEC.