Cross Valley Capital unveils $20 mln venture fund

Rokk3r Labs has teamed up with Jon Gosier and RJ Joshi to launch Cross Valley Capital, a $20 million venture fund. Based in Miami and Philadelphia, the fund will back early-stage startups from various sectors. Investments will range between $25,000 and $600,000 per company.


Vertex Ventures raises more than $140 mln for debut fund

Vertex Ventures has raised $140.85 million for its inaugural fund, according to a regulatory filing. The firm, which is located above Antonio’s Nut House in Palo Alto, Calif., was co-founded by General Partners In Sik Rhee and Jonathan Heiliger to make early-stage investments in enterprise and cloud infrastructure companies.


Lakestar closes second fund at almost $400 mln

European venture firm Lakestar has raised 350 million euros (about $398 million) for its oversubscribed second fund. Lakestar II will focus mostly on early-stage or growth-stage investments. Monument Group was the placement agent.

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