RHC Pipeline Report v19.19

RHC REPORT HIGHLIGHT

BOSTON–(BUSINESS WIRE)–TA Associates, a leading global growth private equity firm, today announced the first and final closing of TA XIII with total commitments at its hard cap of $8.5 billion. Launched in the first quarter of 2019, TA XIII was oversubscribed and exceeded its original $7.5 billion target.

Read More: https://www.businesswire.com/news/home/20190507005356/en/TA-Associates-Closes-Thirteenth-Flagship-Private-Equity

RHC PIPELINE REPORT

  • MIT Solve, a Cambridge, Mass.-based initiative of the Massachusetts Institute of Technology that advances lasting solutions from tech entrepreneurs to address the world’s most pressing problems, has launched a philanthropic venture fund
  • Fuel Capital, a Burlingame, CA-based early-stage venture capital firm, closed its third fund, at $75M
  • Universal Display Corporation (Nasdaq: OLED), a provider of technology and materials that enable energy-efficient displays and lighting, launched its corporate venture arm
  • Philippines-based Kickstart Ventures, Inc., a wholly-owned subsidiary of Globe Telecom, was selected by Ayala Corporation (AC) to manage its new US$150m venture capital fund
  • Gainline Capital Partners LP, a Stamford, CT-based private equity firm that invests in U.S.-based lower middle-market companies, closed its $155m debut fund
  • Antler, a global startup generator and early-stage venture capital firm, opened East African offices in Ethiopia and Kenya as part of its global expansion
  • Radical Ventures, a Toronto, Canada-based venture capital firm investing in entrepreneurs applying deep tech to transform massive industries, launched a new USD $350m fund focused primarily on artificial intelligence
  • The Ecosystem Integrity Fund (EIF), a San Fraancisco, CA-based sustainability-focused early growth stage investment firm, closed its third fund, at $100m
  • Pegasus Tech Ventures, a San Francisco, CA-based global venture capital firm, is launching officially
  • Seattle, WA-based early-stage technology venture capital firm Madrona Venture Group closed its first Acceleration Fund, at $100m
  • Toyota AI Ventures, a Los Altos, CA-based venture capital firm subsidiary of Toyota Research Institute, launched new $100m fund
  • Harrison Street, an alternative real asset investment firm dedicated to the Education, Healthcare and Storage sectors, closed its second European closed-end fund, Harrison Street European Property Partners II, L.P., at €500m
  • Venture capital firm Andreessen Horowitz has closed two funds totalling $2.750 billion
  • TPG, a global alternative assets firm, closed TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry
  • TA Associates, a global growth private equity firm, closed its thirteenth private equity fund, at $8.5 billion

DISCLAIMER: This is a beta blog and all deal information is provided by AP, Bloomberg, Forbes, Fortune, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

RHC Pipeline Report v19.18

RHC REPORT HIGHLIGHT

Andreessen Horowitz, a firm that in just a decade become one of the powerhouses of venture capital, said on Wednesday it had raised another $2.75 billion.

The bulk of the cash, $2 billion, will go toward a new late-stage fund, led by general partner David George. He joined Andreessen Horowitz earlier this year from venture firm General Atlantic.

Read More:

https://www.bloomberg.com/news/articles/2019-05-01/andreessen-horowitz-raises-2-75-billion-for-two-new-funds

https://www.businessinsider.com/andreessen-horowitz-launches-2-billion-late-stage-fund-2019-5

RHC PIPELINE REPORT

  • Union Square Ventures, a New York City-based venture capital firm, raised two new funds totalling $450m
  • Harrison Street, an alternative real asset investment firm dedicated to the Education, Healthcare and Storage sectors, closed its second European closed-end fund, Harrison Street European Property Partners II, L.P., at €500m
  • Motus Ventures, a Redwood City, CA-based seed stage venture capital fund and business accelerator investing in early stage businesses, launched the $30m Motus Smart World Innovation Fund
  • Pangaea Ventures, a Vancouver, BC venture capital firm, closed its fourth advanced-materials fund, at approx. $70m
  • Pegasus Tech Ventures, a San Francisco, CA-based global venture capital firm, is launching officially
  • Seattle, WA-based early-stage technology venture capital firm Madrona Venture Group closed its first Acceleration Fund, at $100m
  • Toyota AI Ventures, a Los Altos, CA-based venture capital firm subsidiary of Toyota Research Institute, launched new $100m fund
  • Math Venture Partners, a Chicago, IL-based early stage venture capital firm, closed a new fund, at $46m
  • Palo Alto, CA- and London, UK-based AV8 Ventures has raised a €150m (approx. $170m) debut early-stage venture capital fund
  • Liquid 2 Ventures, a San Francisco, CA-based early stage venture capital firm, held a $37.67m close of its second fund
  • Five Elms Capital, a Kansas City, Mo.-based investor in founder-owned software businesses, held the first and final close of its fourth fund, at more than $300m
  • Venture capital firm Andreessen Horowitz has closed two funds totalling $2.750 billion

DISCLAIMER: This is a beta blog and all deal information is provided by AP, Bloomberg, Forbes, Fortune, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website for a press release. We do not update our posting or check the source of the news.

RHC Pipeline Report v2018.12.28

RHC Pipeline highlight

Plaid, a San Francisco-based fintech company, raised $250 million in Series C funding.  Mary Meeker led the round (from Kleiner Perkins’ growth fund), and was joined by investors including Andreessen Horowitz, Index Ventures, Goldman Sachs, NEA, and Spark Capital.

Read more: https://techcrunch.com/2018/12/11/fintech-startup-plaid-raises-250m-at-a-2-65b-valuation

RHC PIPELINE (20+ Deal profiled)

  • Tomahawk Robotics, a Melbourne, FL-based startup bringing advanced robotic control systems to enterprise markets, raised $2.4m in seed funding

  • GenEdit, Inc., a Berkeley, CA-based developer of novel polymer nanoparticle technology platform for non-viral-based delivery of gene therapeutics, completed an $8.5m seed financing

  • WhyHotel, a Washington, D.C.-based alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings, secured $10M in Series A funding

  • The Riveter, a Seattle, WA-based membership network built by women, for everyone, that offers coworking spaces, programming, and community, closed a $15m Series A financing

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