Norwest Venture Partners, the 58-year-old venture firm backed primarily by Wells Fargo, has closed its 15th fund with $2 billion. The firm closed its last fund with $1.5 billion at the beginning of 2018; the firm now manages $9.5 billion across all of its funds. We talked with managing partner Jeff
Tag: fund
Angular Ventures outs $41M seed fund for European and Israeli enterprise and ‘deep tech’ startups
Angular Ventures, the early-stage enterprise and “deep tech”-focused VC firm founded by former DFJ Esprit partner Gil Dibner, is announcing the closing of its debut fund at $41 million. Targeting startups in Europe and Israel, Angular Ventures has been operating in so-called “stealth mode” for almost two years, seeing its
Balderton Capital raises new $400M fund to back European tech startups at Series A
Balderton Capital, one of the so-called “big four” early-stage VC firms in London (the others being Accel, Atomico and Index), has raised a new $400 million fund to continue backing European tech startups at Series A. Dealroom recently released a report that pegged Balderton as the most active Series A investor
Slack Fund, Haystack and CRV invest $4 million in Parabol, the meta-meeting software toolkit
These days it’s not enough to have meetings. Now tech companies need to have meetings about meetings — and to ensure that this can happen efficiently(?), a Los Angeles company called Parabol has just raised $4 million. Founded in Brooklyn with a workforce that’s mostly virtual, the new-ish company managed to
The Utah startup scene gets another boost with Album VC’s new $75 million fund
Album VC, a Lehi, Utah-based early-stage venture firm that’s been known until now as Peak Ventures, just gathered up $75 million in capital commitments for its third early-stage fund. The development shows investor confidence in Album’s young team, which came together in 2014 after the founder of Zinch — a site
Colorcon, which develops colorants, coatings, and films for pharmaceutical giants, has a new $50 million fund
Colorcon, a 58-year-old company that develops, supplies, and supports specialty products for the pharmaceutical industry — think food colorants, nutritional coatings, the film on time-release medications — is getting into the business of funding startups. It isn’t bringing aboard any traditional venture investors or taping off a corner of its Harleysville,
Flower delivery startup UrbanStems raises $12M to fund national expansion
Energy Vault raises $110 million from SoftBank Vision Fund as energy storage grabs headlines
A.Capital Partners, founded by Ronny Conway, targets $140 million for its third fund
Silicon Valley investor Ronny Conway is raising his third early-stage venture fund, shows a new SEC filing that states the fund’s target is $140 million and that the first sale has yet to occur. The now six-year-old firm, A.Capital, focuses on both consumer and enterprise tech, and has offices in Menlo
SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn
SoftBank Group announced today that it will launch its second Vision Fund with participation from Apple, Foxconn, Microsoft and other tech companies and investors. Called the Vision Fund 2, the fund will focus on AI-based technology. SoftBank said the fund’s capital has reached about $108 billion, based on memoranda of