BMW increases size of venture capital fund by 400% to $530 million
BMW AG plans to boost its investments in start-ups, as competition intensifies with new rivals including Tesla Motors Inc. over technologies that make cars smarter and more energy efficient. The i Ventures division will be moving its headquarters from NY to Silicon Valley and it will also be allowed to operate with more autonomy. Its […]
RiverVest Venture Partners Closes on $15 Million Biopharma Pre-Seed Fund – RiverVest Venture Partners
Life sciences venture capital firm RiverVest Venture Partners today announced the closing of Archer Seed Fund, L.P. at $15 million. Archer will invest modest amounts of pre-seed and seed funding in about 10 early-stage biopharmaceutical companies, according to RiverVest Managing Director John McKearn, Ph.D. The fund’s investment opportunities will be primarily sourced from business incubators […]