Kaitlyn Landgraf Bartley
United Kingdom-based venture fundraising in 2017 is lagging previous years and has dropped more sharply than in the rest of Europe. That’s according to an analysis from the Preqin Private Equity & Venture Capital Spotlight released in May. In the first quarter of 2017, U.K.-focused firms closed just two funds and raised about $800 million […]
Bridge Line Ventures has closed $653,456 of a targeted $100 million fund, according to a regulatory filing. The firm is based in Boca Raton, Florida, and is led by Leonard Sokolow, Robert Abrams and Robert Spitler.
River Cities Capital Funds is targeting $200 million for its sixth fund, according to a filing with the SEC. The Cincinnati, Ohio-based firm is led by Daniel Fleming, J. Carter McNabb, Robert Heimann and Rurik Vandevenne, and invests in healthcare and information technology startups, according to its website. The fund has yet to secure any investor commitments.
Outpost Capital has raised $5 million for a targeted $50 million inaugural fund, according to a regulatory filing. The Mountain View, California, firm is led by Ryan Wang and Sha Zhou, and invests in virtual and augmented reality, artificial intelligence, and blockchain technologies with an emphasis on China. The $5 million comes from one investor.
Venture investments were among the lowest-performing assets in the University of California’s endowment and pension portfolios over the fiscal year’s first nine months. UC has holdings in funds from such firms as Column Group, Canaan Partners, GGV Capital, Sequoia Capital, Khosla Ventures, and W Capital Partners, VCJ has reported. The lackluster venture performance was cited during […]
Work-Bench Ventures is aiming to raise $40,000 for its second fund, according to a regulatory filing. The firm, based in New York, is led by Jonathan Lehr and Jessica Lin. It co-invests in Series A and B deals in big data, AI, and data-driven security technologies.
Meridian Street Ventures has raised $10 million of a targeted $20 million second fund from one investor, according to a regulatory filing. The firm, located on Meridian Street in Indianapolis, Indiana, is led by T. Scott Law, Jr. The firm focuses on seed and Series A deals in healthcare and B2B technologies.
Honeywell International Inc has launched a $100 million venture fund to invest in emerging technology companies that align with the multinational conglomerate’s portfolio. Honeywell Venture Capital, or Honeywell Ventures as it’s also called, plans to invest in startups in fields that overlap with or could potentially disrupt the company’s core activities, according to Managing Director […]
Singapore already offers many of the building blocks essential to fostering innovation, such as strong protection of intellectual property rights and access to major nearby markets. And now the city-state is increasing its commitment to solving some of the country’s thorniest problems, such as providing healthcare for an aging population, ensuring efficient transportation on its […]
The Chinese government’s efforts to encourage venture backing of entrepreneurship appear to be paying off, at least according to an overview released in May by the data analysis firm Preqin of recent global VC trends. Four of the five largest venture funds worldwide in market as of April 2017 are focused on China. The largest of […]