Slideshow: Top 10 Largest VC Fundraisings for Q2

It’s like a jungle sometimes,
It makes me wonder
How I keep from going under.
–Grandmaster Flash

Raising a venture fund is proving to be increasingly difficult. As my colleague Connie Loizos reported on Monday a paltry 37 VC funds were raised in the second quarter. That was the smallest quarterly number in 16 years.

But, as evidenced by funds raised in Q2, you can still raise capital if you can show LPs a track record of returns or offer a differentiated strategy. Of the 10 funds that raised the most capital in the second quarter, four are focused on China and India, markets that have produced big exits in the past couple of years; three are follow-on vehicles for successful funds; one is a new fund raised by VCs with solid track records; one targets the booming market for Android-based applications; and one buys distressed VC portfolios on the secondary market, where there are still plenty of deals to be had.

Watch our slideshow for details on the 10 largest funds.

[slideshow]
[slide title=”No. 10: A-Fund”]

Firm: DCM
Location: Menlo Park, Calif.
Amount raised in Q2: $100M
Total Raised to Date: $100M
Target: $100M
Focus: The fund will “seek out the most promising companies enhancing and extending the rich open Android ecosystem—in mobile and beyond—including applications, services, and enabling technologies,” says DCM co-founder David Chao.

[slide title=”No. 9: Level Equity Growth Partners I LP”]
Firm: Level Equity
Location: New York City
Amount raised in Q2: $120.7M
Total Raised to Date: $120.7M
Target: $120.7M
Focus: Firm invests in “technology, media, and services companies which are product and technology innovators serving large markets [and] delivering rapid growth,” according to its website.

[slide title=”No. 8: Blue Ridge Zijin Equity Capital Fund”]
Firm: Blue Ridge Capital
Location: New  York City
Amount raised in Q2: $238.41M
Total Raised to Date: $238.41M
Target: $238.41M
Focus: This venture fund from hedge fund Blue Ridge Capital will focus on renewable energy, new materials and other growing sectors in China, according to the Cleantech Group.

[slide title=”No. 7: Crosslink Crossover Fund VI LP”]
Firm: Crosslink Capital
Location: San Francisco
Amount raised in Q2: $262M
Total Raised to Date: $262M
Target: $262M
Focus: Crosslink’s Crossover funds “invest primarily in venture capital, with a particular focus on consumer, IT hardware, communications, software, media and energy technology companies,” according to the University of Missouri, an investor in Crosslink funds.

[slide title=”No. 6: Industry Ventures Fund VI LP”]
Firm: Industry Ventures
Location: San Francisco
Amount raised in Q2: $296.86M
Total Raised to Date: $398.15M
Target: $398.15M
Focus: This is a secondary fund focused “providing liquidity alternatives for venture capital and technology growth equity investments,” according to the firm.

[slide title=”No. 5: Matrix Partners India II LP”]
Firm: Matrix Partners
Location: Waltham, Mass.
Amount raised in Q2: $300M
Total Raised to Date: $300M
Target: $300M
Focus: Fund makes “early and growth stage investments up to $30 million in companies focused on the Indian domestic market in the internet/mobile, education, financial services, healthcare and infrastructure services sectors,” according to Matrix.

[slide title=”No. 4: Matrix Partners China II LP”]
Firm: Matrix Partners
Location: Waltham, Mass.
Amount raised in Q2: $350M
Total Raised to Date: $350M
Target: $350M
Focus: Fund will invest in “early and expansion stage companies [in China] with a focus on digital, Internet, mobile, cleantech, consumer, and health care opportunities,” according to the University of Michigan, an investor in the fund.

[slide title=”No. 3: Accel XI LP”]
Firm: Accel Partners
Location: Palo Alto, Calif.
Amount raised in Q2: $475M
Total Raised to Date: $475M
Target: $475M
Focus: Fund will primarily make early stage investments in sectors such as “Cloud Services & Next Gen Infrastructure, Social Media & Commerce, Gaming As A Service, Consumerization of Software, and Open Mobile among others,” according to the firm.

[slide title=”No. 2: Accel Growth Fund II LP”]
Firm: Accel Partners
Location: Palo Alto, Calif.
Amount raised in Q2: $875M
Total Raised to Date: $875M
Target: $875M
Focus: Fund will make growth stage investments in sectors such as “Cloud Services & Next Gen Infrastructure, Social Media & Commerce, Gaming As A Service, Consumerization of Software, and Open Mobile among others,” according to the firm.

[slide title=”No. 1: GEF South Asia Clean Energy Fund”]
Firm: Global Environment Fund Management Corp.
Location: Chevy Chase, Md.
Amount raised in Q2: $1.92B
Total Raised to Date: $2B
Target: $2B
Focus: This cleantech fund will “invest in companies and projects that promote the use of efficient, reliable, and cleaner forms of energy in South Asia, according to the Asian Development Bank, an investor in the fund.

[/slideshow]