Kaitlyn Landgraf Bartley
Ponoi Capital announced plans to raise a first fund targeted at $150 million, according to a regulatory filing. The San Francisco-based firm is led by David Goeddel, Peter Svennilson and Tim Kutzkey. No investors have committed to the fund, according to the filing.
California lawmakers are inching toward a possible resolution to a longstanding dispute with venture capitalist Vinod Khosla over public access to Martins Beach, south of Half Moon Bay. On May 31, the State Senate approved a bill that allows San Mateo County, nonprofit organizations and the public to contribute funds with which the state would […]
Kaszek Ventures has closed a $200 million third fund, according to a regulatory filing. The firm has offices in Buenos Aires, Argentina, and São Paulo, Brazil, and is led by Hernan Kazah and Nicolas Szekasy. It invests in technology companies with a focus on Latin America, according to its website. A second fund raised $135 million, according to data from Thomson Reuters. The third fund raised commitments from 87 investors, according to the filing.
The National Venture Capital Association’s spending on federal lobbying ticked up in the first quarter of 2017 compared to the same time period a year ago, according to data from the Center for Responsive Politics. The NVCA’s first quarter spending totaled $490,000 in 2017, compared with $428,000 during the same period in 2016, and $324,000 […]
Upfront Ventures announced it is raising a sixth fund targeted at $380 million and a second opportunity fund targeted at $120 million, according to two separate regulatory filings. The Santa Monica, California-based firm raised $280 million for its fifth fund in 2014, according to Thomson Reuters. Upfront is led by Mark Suster and Yves Sisteron and invests in such fields as SaaS, digital media, and food and agriculture, according to its website. No investor commitments are listed on the filings.
Investments in cleantech have dwindled for years, and a new analysis from the Brookings Institution offers little in the way of a silver lining. But as generalist investors shun the sector, some cleantech-focused investors say the skepticism is unwarranted. U.S.-based cleantech investing, as a share of total venture capital, fell to 7.6 percent in 2016, […]
The excitement surrounding initial coin offerings is unmistakable, with claims popping up from all corners of the internet that the new fundraising model for blockchain-focused technologies could disrupt or altogether replace the traditional venture capital model. Some are already declaring that blockchain’s 1996 internet moment has arrived, while others are still asking what on earth […]
University of California investment staff cut management fees by $70 million to $100 million on an annual basis and are “obsessed with costs,” but they’re providing little detail on how they’ve achieved those savings. The numbers were disclosed by Chief Investment Officer and Vice President of Investments Jagdeep Singh Bachher in response to questions from […]
Facebook co-founder Eduardo Saverin’s B Capital Fund has held a second close of $181 million, according to a regulatory filing. B Capital Group has offices in Los Angeles, San Francisco and Singapore, and was founded by Rajarshi Ganguly and Saverin, who moved to Singapore in 2011. It invests in financial services, healthcare, and transportation industries worldwide, according to its website. The fund closed an initial $143.6 million a year ago. So far, 29 investors have committed to the fund, which does not list a target amount.
U.S.-based fintech investments and deal activity saw a small uptick in the first quarter of 2017, as global investments held mostly steady from last year. That’s according to the first quarter 2017 edition of KPMG International’s “Pulse of Fintech” report. VC investment in fintech nationwide increased to $1.2 billion in Q1, up slightly from $1.1 […]