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Lawrence Aragon

IDG Capital is in the market with its sixth venture fund, which aims to raise about $100 million more than its predecessor. The Hong Kong-based firm has set out to raise $688 million for IDG China Venture Capital Fund VI LP, according to a regulatory filing. The fund has not yet closed on any commitments, […]
Elad Gil
The co-founder of Color Genomics has raised $300 million from 16 investors, according to a regulatory filing.
wise, owl, wisdom, smart
VC funds well into the fundraising process should be able to hold first or final closes, but most new efforts will be put on hold, says Kelly DePonte of Probitas Partners.
fire, match, sale, strike
Venture funds should sell for about 60 percent of their net asset value today versus about 78 percent of NAV in December, according to a poll by Setter Capital.
Dave McClure, Practical Venture Capital, 500 Startups, PVC, secondaries
The founder of 500 Startups plans to raise a fund of more than $100m to buy GP and LP stakes in micro VC funds.
David Frankel, Founder Collective
David Frankel, one of three managing partners at seed investor Founder Collective, shared the news with his nearly 20,000 Twitter followers.
Europe’s venture and startup ecosystem has made tremendous strides in the past decade, and a record amount of investment has produced a bevy of billion-dollar companies. When will institutional investors buy in?
Afore Capital
Afore Capital has closed on $77.5 million for its sophomore fund, beating its target, according to SEC filings. The San Francisco firm said in a February 2019 filing that it was targeting $75 million. In a new filing, it states that “$76,975,758 was offered and sold pursuant to Rule 506(b) from February 21, 2019 to […]
Jay-Z, Shawn Carter, rapper, mogul
Rap mogul Jay-Z and two partners appear to have held a final close on $85 million for their first venture fund, Marcy Venture Partners Fund.
J.D. Vance, Narya Capital, Rise of the Rest Fund, Mithril Capital
Based in Cincinnati, Narya Capital has raised $93m toward a target of $125m. It will make early stage investments in entrepreneurs in under-served markets.
vcj
vcj

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