Seedcamp collects 41 mln pounds for fourth fund

By Iris Dorbian — 9 hours ago

Seedcamp, a pan-European seed investor, has raised 41 million pounds for its fourth fund that will focus on European startups. The investors of SeedCamp Fund IV include Investec, Unilever Ventures, Thomas Cook Money, MassMutual Ventures, ADV, Index Ventures, Atomico, Idinvest Partners, Underscore Ventures, Speedinvest and British Business Bank.


Tom Ingersoll joins Space Capital Partners, which is targeting $50 mln for first venture fund

By Kaitlyn Landgraf Bartley — 2 days ago

Space Capital Partners has raised $5.7 million of a targeted $50 million for its inaugural venture fund, according to a regulatory filing. The New York firm invests in the commercial space industry, according to its website, and is led by Chad Anderson and Joseph Landon. The filing also lists Tom Ingersoll as a general partner, and he confirmed his new role to VCJ. Thus far, 16 investors have committed to the fund, according to the filing.


Ulu Ventures nears $50 mln target

By Alastair Goldfisher — 5 days ago

Palo Alto, California-based Ulu Ventures has raised $41.075 million toward a $50 million target for its second fund, according to a regulatory filing. The firm has raised commitments from 58 investors, the filing shows. The firm is led by husband-and-wife Managing Directors Miriam Rivera and Clint Korver.


Arrowroot wraps up third fund at over $177 mln

By Iris Dorbian — 1 week ago

Santa Monica, California-based Arrowroot Capital Management, a growth equity firm, has closed its oversubscribed third fund at over $177 million. Arrowroot Capital III’s limited partners include endowments, foundations, consultants, pensions and alternative asset managers. The fund will focus on providing growth capital for software companies in the lower-middle market. Probitas Partners served as placement agent for the fund while Kirkland & Ellis LLP provided legal counsel.


Flying Fish raises $2.5 mln for its coffers

By Alastair Goldfisher — 1 week ago

Seattle-based Flying Fish Venture Partners has raised $2.5 million for its inaugural fund, Flying Fish Fund I, according to a regulatory filing. The target fund size is not known, but the firm raised the commitments from 13 investors, according to the reg filing. The firm, founded by a team of Seattle angel investors, invests in Pacific Northwest startups in cloud computing, artificial intelligence, speech and natural language, machine learning and Internet of Things, according to its website. The listed partners are Geoff Harris, Heather Redman and Frank Chang.


Base10 Partners changes fund name, raises $83.8 mln

By Kaitlyn Landgraf Bartley — 1 week ago

Base10 Partners has raised $83.8 million toward a $125 million target for its first fund, according to a regulatory filing. The fund, Base10 Partners I, was previously known as Urizen Early Stage Ventures II, and has secured commitments from 12 investors, according to the filing. The San Francisco firm is led by Adeyemi Ajao and TJ Nahigian. Base10 focuses on investing in companies working with automation and intelligent software, according to its website.