Alastair Goldfisher
Laurel Touby has looked into the future of venture capital and she sees more women. Lots and lots more.
San Francisco-based e.ventures, which for 10 years has culled data to analyze potential investments, has put the wraps on $400 million for two new funds to continue its data-driven approach to backing startups. The firm closed on $225 million for its sixth U.S.-focused fund, based out of San Francisco, and $175 million for its sixth […]
Sony Innovation Fund, the venture arm of Sony Corp, and Daiwa Capital have partnered to form a new investment vehicle called the Innovation Growth Fund. The fund is targeted to raise up to $185 million to invest in mid to late-stage startup tech companies in Japan, United States, Europe and Israel, and it is open to outside LPs. Investors joining Sony and Daiwa at the first close include Sumitomo Mitsui Bank and Osaka Shoko Shinkin Bank, among others.
Susa Ventures, a seed-stage investor that was an early backer of unicorns Flexport and Robinhood, has closed $90 million for its third early-stage fund and $50 million for its first opportunity fund to back portfolio companies in their later-stage rounds. As an example, Susa invested in Flexport at the seed stage and all the way […]
Dinner guests were bullish on automation in the workplace...it is not a question of whether AI will consume the workplace but when it will happen.
New York-based Manhattan Venture Partners, a merchant bank focused on the secondary market for late-stage, pre-IPO companies, has tapped Andrea Lamari Walne as partner. She will lead the firm's San Francisco regional office and help build its West Coast presence.
San Francisco-based Tundra, which operates a zero-commission wholesale marketplace, raised a $12 million Series A round led by Redpoint Ventures. Background Capital, FJ Labs, Initialized Capital, Peterson Ventures and Switch Ventures also participated in the round. The company was founded by husband and wife Arnold and Katie Engel, former McKinsey consultants.
There is no need to worry that the tap is going to be turned off anytime soon.
Taking time out from texting a founder, Paul Lee said he strives to be “the quickest VC in the community.” In other words, he wants to be the person who quickly finds solutions for founders so that they can focus on their companies rather than fundraising and other distractions. Lee, who met with VCJ during a […]
Houston, Texas-based Mercury Fund has raised $82.25 million of a $125 million targeted fourth fund, Mercury Fund Ventures IV, according to a regulatory filing. The fund is the firm's largest to date, having closed on $105 million in 2014. The commitments to date have come from 85 investors, according to the filing.