New Bascom Ventures capital fund is premised on University of Wisconsin alumni pride
The secret ingredient to building a robust investment fund for startups might just be Badger pride. That’s the idea behind a new venture capital fund called Bascom Ventures, anyway. The 10-week-old endeavor is fundraising from University of Wisconsin alumni to create a pool of millions of dollars to go toward startups with UW alumni at […]
Interview with Sierra Ventures, located at U Illinois, eyeing early stage startups
Venture capital used to be a cottage industry, with very few investing in tomorrow’s products and services. Oh how times have changed. While there are more startups than ever, there’s also more money chasing them. In this series, we look at the new (or relatively new) VCs in the early stages: seed and Series A.But […]
Osage Venture Partners Closes $90M Fund
Osage Venture Partners (OVP), today announced the closing of Osage Venture Partners IV, a $90 million fund focused on investing in early-stage, business-to-business (B2B) software companies on the East Coast. OVP IV represents the latest fund executing on OVP’s decade-long strategy of backing exceptional East Coast entrepreneurs building leading B2B software companies that target large […]
Menlo Ventures raises new $450M fund to back early consumer, enterprise and ‘frontier technologies’
Silicon Valley VC Menlo Ventures has closed a new $450 million fund to invest primarily in early-stage “consumer, enterprise and frontier technologies”. The funding brings the firm’s total capital to more than $5 billion under management, while Menlo Ventures says the fund was oversubscribed with both new and existing limited partners. “Menlo’s emphasis on early-stage […]
Honeywell Launches New Venture Investment Fund Focused On Early-Stage, High-Growth Companies
Honeywell (NYSE: HON) today announced the launch of a new investment fund that will invest in early-stage, high-growth technology companies that are strategically aligned to the Company’s portfolio and software capabilities. The initial fund size is expected to be approximately $100 million and investments will be made through Honeywell Venture Capital LLC, a wholly owned subsidiary […]
University of Navarra Vivet Therapeutics nabs Series A funds
Vivet Therapeutics (‘Vivet’), an emerging biotechnology company developing novel gene therapies for rare, inherited metabolic diseases, announced it has raised €37.5 million in a Series A financing round. The round involved a syndicate of leading international life sciences investors led by Novartis Venture Fund and Columbus Venture Partners, and including Roche Venture Fund, HealthCap, Kurma […]
New French Biotech Seed Fund Raises €65M-to support university innovation
Advent France Biotechnology, founded in 2015, has exceeded its initial fundraising target at the first closing. Its Seed-Fund I now counts with €64.75M that will be invested predominantly in France. The funds will back entrepreneurs and early-stage companies with the potential to develop first- or best-in-class innovations that address unmet medical needs. Advent France has declared […]
Company founded by two Marquette University researchers raises $26 million in funding
Promentis Pharmaceuticals, a Milwaukee company co-founded by Drs. John Mantsch and David Baker, researchers from the Marquette University College of Health Sciences, raised $26 million, including $17.2 million in its third funding round. OrbiMed, F-Prime Capital Partners (formerly Fidelity Biosciences) and Aisling Capital were the lead investors. This is exceptional syndicate of investors, particularly for […]
A $150 million fund, The Engine, will back startups others find ‘too hard’ | TechCrunch
A fund and accelerator for advanced technology startups, The Engine, closed its debut fund at a robust $150 million this week, according to its president, CEO and managing partner, Katie Rae. Last year, TechCrunch reported that MIT was investing $25 million into The Engine, becoming the anchor LP for the fund. While The Engine is […]
Investing in the Midwest: opportunities abound
J.D. Vance, author of the bestseller Hillbilly Elegy, plans to move back to his native Ohio, in part to find venture capital opportunities in the area where he grew up. Is it worth following Vance into the Midwestern capital market? The Midwest has a lot to offer: A lower cost of living for workers, plenty […]