fund formation

Here’s how to start a venture fund if you’re not rich

For years — decades, even — there was little question about whether you could become a venture capitalist if you weren’t comfortable financially. You couldn’t. The people and i

A $150 million fund, The Engine, will back startups others find ‘too hard’

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 yea

Lux Capital closes $400 million fund to back startups ‘inventing the future’

Lux Capital’s portfolio companies sound like they ripped their product concepts from the pages of science fiction. Among these are self-driving car startup Zoox, a company gathering oceanographic da

Better Ventures closes $21 million fund to back the next Tesla or Patagonia

Oakland-based venture capital firm Better Ventures recently closed its second fund at $21 million according to cofounder and managing director Wes Selke. The firm was originally founded as an acceler

SOSV, “the accelerator VC,” closes third fund at $150 million

Since the advent of accelerators, venture capitalists have competed to lock in deals with the best startups in a given batch. Entrepreneur turned investor Sean O’ Sullivan thought it would be better

Genesis Partners spins out $50 million fund, F2 Capital, to back early-stage startups in Israel

Three members of the senior investing team at Genesis Partners, a major Israeli venture firm, are stepping out with a new, early-stage fund of their own called F2 Capital. For the unfamiliar, Genesis

Draper Nexus closes $175 million fund, LP’s include Panasonic, Canon and other Japanese tech giants

Early stage venture firm, Draper Nexus, has closed its second fund at $175 million, according to Managing Director Q Motiwala. Its debut fund closed in 2013, at $50 million. Limited partners in Draper

Signia Venture Partners has $85 million in new funds to invest

Signia Venture Partners has closed its second fund at $85 million to lead early-stage deals in emerging tech startups mostly in and around San Francisco. For the unfamiliar, Signia is typically the fi