Miami accelerator TheVentureCity seeks to raise $100 mln

By Alastair Goldfisher — 2 months ago

The newly launched Miami-based tech accelerator TheVentureCity is seeking to raise $100 million, according to a regulatory filing. The organization is led by co-founders Laura González-Estéfani, a former director of international business development and mobile partnerships at Facebook, and Clara Bullrich, a 20-year private banking and asset management veteran who most recently was managing partner for Guggenheim Partners Latin America.

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Playground Ventures seeks to raise $15 mln affiliates fund

By Kaitlyn Landgraf Bartley — 2 months ago

Playground Ventures is raising a $15 million affiliates fund in addition to its $500 million second fund, according to a filing with the SEC. The firm invests in companies developing software-defined hardware, including mobile-linking platform BranchRightHand Robotics and IoT video conferencing hardware company Owl Labs, according to its website. The Palo Alto-based venture firm and its affiliated tech incubator Playground Global is run by Andy Rubin, co-founder of Android, and Peter Barrett, Matt Hershenson and Bruce Leak.

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MetaProp targets $25 mln second fund

By Kaitlyn Landgraf Bartley — 2 months ago

MetaProp Ventures announced a second fund targeted at $25 million, according to a regulatory filing. The New York-based firm is led by Aaron Block, Zachary Aarons, Zachary Schwarzman and Clelia Peters and invests in real estate technology startups, according to its website. In 2015, the firm raised an unspecified amount, according to Thomson Reuters.

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Sway Ventures targets $250 mln second fund

By Kaitlyn Landgraf Bartley — 2 months ago

Sway Ventures is raising a second fund at $250 million, according to a pair of regulatory filings targeted at $85 million and $165 million. No commitments have yet been raised. The San Francisco-based firm invests in early to mid-stage technology companies, according to its website, and is led by Brian Nugent and William Malloy III. In December 2016, AITV announced it would rebrand as Sway Ventures. As AITV, the firm said it raised $173 million for its first fund.

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Costanoa Ventures targets $175 mln third fund

By Kaitlyn Landgraf Bartley — 3 months ago

Costanoa Ventures is raising a third fund targeted at $175 million, according to a regulatory filing. Fund II raised $135 million, according to Thomson Reuters. The firm is based in Palo Alto, California, and is led by founder and Managing Partner Gregory Sands. It focuses on early-stage companies developing data-driven applications, business networks and marketplaces, the mobile economy, and agile infrastructure, according to its website. No investors have committed to the fund, according to the filing.

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