Vanedge raises $161 mln for fund

By Iris Dorbian — 2 days ago

Vancouver-based Vanedge Capital Partners Ltd, an early-stage venture capital firm, has closed its latest fund at $161 million. The fund’s limited partners included HarbourVest Partners, BDC Capital, Export Development Canada, Kensington Capital, Nicola Wealth Management and the BC Tech Fund. The firm focuses on computing, artificial intelligence, cyber security, SaaS and digital media.

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K2 Global collects $183 mln for fund

By Iris Dorbian — 3 days ago

K2 Global has raised $183 million for its venture fund. Based in Silicon Valley and Singapore, K2 Global backs tech companies in the internet and software sectors. According to the firm, it has invested $58 million in ten companies so far, which include Magic Leap, Spotify and Uber.

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Carlyle Strategic Partners IV closes at $2.5 bln

By Luisa Beltran — 3 days ago

Carlyle Group said Feb. 23 that it raised about $2.5 billion for its fourth distressed and special situations fund, Carlyle Strategic Partners IV (CSP IV). The fund invests in the debt and equity of companies in the U.S., Europe and Asia experiencing financial, operational or cyclical distress. Carlyle said CSP IV closed at its hard cap and is more than triple the size of the prior fund.

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Project A raises 140 mln euros for second fund

By Iris Dorbian — 4 days ago

Berlin-based Project A, an early-stage investment firm, has closed its second fund at 140 million euros. The investors of the fund included Otto Group, Axel Springer SE, the European Investment Fund. ProSiebenSat.1, Jahr, Haniel, Ravensburger and Oetker. Also, Project A is about to close another fund at 40 million euros focused on follow-on investments in its portfolio companies.

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