500 Startups files for Durians Fund

By Alastair Goldfisher — 4 months ago

Seed-stage investor 500 Startups filed a regulatory document to raise 500 Durians II, it’s Southeast Asian fund. The firm announced in a blog post in October the fund and its intent to raise $50 million, which is twice the amount of Durians I. That inaugural fund was raised in 2014 with $10 million and was later increased to about $25 million. The second fund aims to invest in 200 seed-stage startups in Southeast Asia, with checks ranging from $50,000 to $150,000.


Dundee Venture Capital opens Minneapolis office

By Alastair Goldfisher — 6 months ago

Omaha, Nebraska seed-stage investor Dundee Venture Capital, which recently held an initial close of $20 million for its third fund, announced the opening of a new office in the Minneapolis area. The location is part of its ongoing regional growth plan as it expands in the Midwest and raises Fund III targeted at $30 million.