
Algebra Ventures is seeking a $90m final close for a fund that has reportedly secured Cisco as a limited partner.
The venture firm’s TheSeedCapital2 vehicle has reached a $5.5m close having secured commitments from LPs including Daiko Advertising and Giftee as it targets $13.7m.
Time Publishing and Media has invested in Qingsong Fund’s latest renminbi-denominated fund, which has now closed.
Each week the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
MailChimp and Cox Enterprises are among the limited partners that helped venture firm Overline secure $27.4m for the vehicle.
Telecom Italia-backed growth-stage investment vehicle UV T-Growth is over halfway towards an upsized fundraising target.
The recently launched venture firm has secured capital commitments to its debut fund from investors including Axa and MACSF.
Blockchain-focused venture firm Dragonfly Capital Partners’ second vehicle has partnerships with Bitmain, Bybit, Huobi and OKEx.
Jacques, who joined the unit in 2017, has been hired as a partner at investment firm Cota Capital's Fintech Fund.
Verizon Ventures was the first limited partner for the female-focused venture firm’s new fund, while Nordstrom is also a limited partner.