Highland Capital Partners has set out to raise a $300 million tenth venture fund, according to a filing with the SEC.
Venture capital performance markedly improved in the first quarter, with the asset class’ quarterly IRR rising to 3.22 percent, according to a preliminary report from Cambridge Associates. That is up from -0.07 percent in the fourth quarter. Particularly strong was the return for late- and expansion-stage funds, where the IRR jumped to 5.15 percent, Cambridge […]
Andreessen Horowitz has named Jorge Conde as its newest general partner.
Bessemer Venture Partners named Charles Birnbaum, Amit Karp and Kristina Shen to partner, according to a press release.
The pace of venture fundraising has picked up in the second quarter with what appears to be more than $11 billion raised for future investments in startups. The quarterly total includes the massive $3.3 billion New Enterprise Associates 16, which helped lift the quarter to the largest since the first quarter of 2016, when more […]
Seven Peaks Ventures has set out to raise a $30 million second venture fund, according to a filing with the SEC.
Funds from Softbank Capital, Fairview Capital and Performance Equity Management top of a portfolio of mid-decade venture funds at the New York State and Local Retirement System. The portfolio, with vintages of 2002 to 2006, favors mid-sized funds employing a multi-stage investment strategy. The holdings include three funds of funds. Nearly half of the funds […]
MKACyber said it raised $4.1 million in Series A funding, according to a press release. The company did not name its investors.
Health Velocity Capital has set out to raise a $150 million maiden venture fund, according to a filing with the SEC.
Weathergage Capital said it raised $296 million for a fourth fund of funds, according to a press release.
Laura Deming’s Longevity Fund has raised $12.6 million for a second venture fund, according to a filing with the SEC.
Glynn Capital has raised $153.4 million toward a fifth venture fund, according to a filing with the SEC.
Generator Ventures has raised $51.4 million toward a venture capital fund, according to a filing with the SEC.
Funds from Sofinnova Ventures, Union Square Ventures and GGV Capital lead a portfolio of freshly minted venture funds at the Oregon Public Employees Retirement System. The portfolio, with vintages of 2011 to 2017, favors mid-sized funds with a near even mix of late and early-stage investment strategies. Half the funds are between $300 million and […]
MedMen has raised $60 million for its cannabis-focused MedMen Opportunity Fund, according to a filing with the SEC.
Actility said it raised a $75 million Series D round from Cisco Investments and BNP Paribas, along with existing investors Creadev, Orange, Inmarsat and Robert Bosch Venture Capital.
With the cyber-security market expected to top $100 billion in three years and worries about online break-ins running high, venture capitalists continue to pour money into young security companies at a rapid pace. Investing this year started off cautiously, but gathered steam in the second quarter, with $887 million allocated to startups in the United […]
The University Venture Fund is raising a second venture fund with a target of $30 million, according to a filing with the SEC.