BETA The Capitalization Report v20.12.28 Funds


KEYWORDS: Qumra Capital, Flashpoint Venture CapitalPeriscope Equity, BPEA Strategic Healthcare fund, BPEA, Westlake Village BioPartners, XYZ Venture Capital, Capria Ventures, Global Ventures.

NEW FUNDS

Qumra Capital, a Tel Aviv, Israel-based growth investor, closed its third fund, at $260m

Flashpoint Venture Capital, a diversified international technology investment firm, is announcing the first close of its third venture capital fund targeting US$75-100m

Periscope Equity, a Chicago, IL-based private equity firm focused on investing in technology-enabled services and software companies, closed its second institutional fund, Periscope Equity II, L.P. , at $225m

BPEA, a Boston, MA-based private equity firm, closed its BPEA Strategic Healthcare fund, at $352m

Los Angeles area, CA-based venture capital firm Westlake Village BioPartners has launched two new funds totaling $500m

San Francisco, CA-based venture capital firm XYZ Venture Capital launched its $80m second fund

PRESS RELEASE CAPRIA VENTURES FUND OF FUNDS

Global Ventures, a UAE-based venture capital firm, has partnered with Capria Ventures (Capria), a Seattle-based global investment fund-of-funds. 

Capria is backed by international investors, including Vulcan Capital, the Ford Foundation, Bill Gates, the World Bank’s International Finance Corporation, Unitus Labs, and other leading impact investors. 

Global Ventures backs global-minded founders who lead growth-stage companies and use technology to transform emerging markets. It has invested in 25 companies, operating across 15 markets, using capital from its two funds. The second fund is focussed on technology companies addressing critical needs and demands in recently accelerated industries. Global Ventures is a leading provider of capital and value creation for start-ups in the Middle East and Africa (MEA).

Read more: ventureshttps://www.privateequitywire.co.uk/2020/12/15/293586/global-ventures-partners-capria-ventures

BETA: The Capitalization Report v20.12.14 Funds


KEYWORDS: Funds, Rally Ventures, Ada Ventures, Crossplane Capital, Forbion, Highland Europe, Curio Wellness, Venture Capital, Private Equity, Crossplane Capital Fund

NEW FUNDS

Rally Ventures, a Menlo Park, CA- and Minneapolis, MI-based technology venture capital firm, closed Rally IV, at $250m 

London, UK-based seed venture capital firm Ada Ventures closed its first fund, at $50m 

Crossplane Capital, a Dallas, TX-based private equity firm, closed its inaugural fund, Crossplane Capital Fund, L.P., at $275m

Forbion, a Naarden, The Netherlands and Munich, Germany-based life science venture capital firm, secured its fifth flagship fund, Forbion V, at €460m

Pan European private equity firm Highland Europe closed its fourth fund, at €700M

Timonium, Md.-based medical cannabis and wellness company Curio Wellness has launched a new $30m funding program

OTV (formerly known as Olive Tree Ventures), an Israel-based digital health first venture capital firm, closed a fund, at $170M

Scale Venture Partners, a Foster City, CA-based venture capital firm, closed its latest fund, at $600m 

PRESS RELEASE

DALLAS–(BUSINESS WIRE)–Crossplane Capital (“Crossplane”), a Dallas-based private equity firm that targets control investments in niche manufacturing, value-added distribution and industrial business services companies, today announced the final closing of its inaugural fund, Crossplane Capital Fund, L.P., at its $275 million hard cap.

Crossplane was founded in October 2018 by partners Brian Hegi and Ben Eakes, managing director Mike Sullivan and operating partner Ingrid West, to invest control equity into companies with up to $15 million of EBITDA that are either family owned and seeking a partner or involved in a complex situation. Since its founding, Crossplane has completed three platform acquisitions, including The Accent Family of Companies in September 2019, TransAxle in December 2019 and Griffin Dewatering in November 2020. From its initial 4-person team, Crossplane has grown to an 11-person team with deep experience as senior executives, operational improvement consultants, strategy consultants, restructuring advisors and private equity investors.

Read full press release:

https://www.businesswire.com/news/home/20201208005106/en/Crossplane-Capital-Closes-Inaugural-Fund-at-Its-275-Million-Hard-Cap

BETA: Capitalization Report v20.12.09 Funds


NEW FUNDS

London, UK-based seed venture capital firm Ada Ventures closed its first fund, at $50m,

Crossplane Capital, a Dallas, TX-based private equity firm, closed its inaugural fund, Crossplane Capital Fund, L.P., at $275m

Forbion, a Naarden, The Netherlands and Munich, Germany-based life science venture capital firm, secured its fifth flagship fund, Forbion V, at €460m

Pan European private equity firm Highland Europe closed its fourth fund, at €700M

Timonium, Md.-based medical cannabis and wellness company Curio Wellness has launched a new $30m funding program

OTV (formerly known as Olive Tree Ventures), an Israel-based digital health first venture capital firm, closed a fund, at $170M

Scale Venture Partners, a Foster City, CA-based venture capital firm, closed its latest fund, at $600m

Contour Venture Partners, a New York City-based seed stage venture capital firm, closed Contour Venture Partners IV, at $82m

Sinai Capital Partners, a Los Angeles, CA-based multi-strategy private equity company, raised more than $600m in new capital between the two funds

PRESS RELEASE CROSSPLANE CAPITAL

DALLAS, December 8, 2020 – Crossplane Capital (“Crossplane”), a Dallas-based private equity firm that targets control investments in niche manufacturing, value-added distribution and industrial business services companies, today announced the final closing of its inaugural fund, Crossplane Capital Fund, L.P., at its $275 million hard cap.

Read more: https://www.crossplanecapital.com/news-finalclose

KEYWORDS: Crossplane Capital, Ada Ventures,  Forbion, Highland Europe, Curio Wellness, OTV, Scale Venture Partners, Contour Venture Partners, Sinai Capital Partners

BETA: The Capitalization Report on PE Activites Other Financial Services


Private Equity (PE) other deals in 90 days

Stone Point Capital did 10+ deals in the last 90 days such as McMahon & Hadder Insurance, Total Card, Inigo, rSquared CRE, and other deals (contact us for full information).

ABRY Partners did 5+ deals in the last 90 days such as CBD Wealth Management, Afilias, Websms, Ivy Ventures, OneCare Media, and other deal.

CAPTRUST Financial Advisors did Shine Wealth Partners and another deal.

GTCR did 10+ deals such as KloudScript, Dsco, Shine Wealth Partners, Consumer Cellular, The Payment Group, and other deals.

GTCR did 10+ deals such as Seymour Alper, Vitolo, Stalco Insurance, Insure All, Olson Insurance Agency, and othder deals.

OTHER DEAL: If you are an accredited investor contact JD Morris for more information.

KEYWORDS: Stone Point Capital, ABRY Partners, APTRUST Financial Advisors, Shine Wealth Partners, GTCR, GTCR, Seymour Alper, Vitolo, Stalco Insurance, Insure All, Olson Insurance Agency, KloudScript, Dsco, Shine Wealth Partners, Consumer Cellular, The Payment Group, CBD Wealth Management, Afilias, Websms, Ivy Ventures, OneCare Media, McMahon & Hadder Insurance, Total Card, Inigo, rSquared CRE,

BETA: The Capitalization Report v20.11.28


“US venture capital funds have raised a combined $69.1 billion in 2020, edging past a 2018 record and defying the odds amid a pandemic-rattled economy. The high-water mark was set after Andreessen Horowitz announced a pair of mega-funds with $4.5 billion in commitments Friday.” – By James Thorne, Pitchbook, November 20, 2020.

NOTE: The Capitalization Report and RHC Family of compaies is partnering with accredited investors and family offices in due dillegence using tools such as PitchBook.

NEW FUNDS

Silicon Valley based venture capital firm Andreessen Horowitz closed two funds totalling $4.5 billion (see Tech Crunch article below)

Contour Venture Partners, a New York City-based seed stage venture capital firm, closed Contour Venture Partners IV, at $82m

Sinai Capital Partners, a Los Angeles, CA-based multi-strategy private equity company, raised more than $600m in new capital between the two funds

Financial Venture Studio, a San Francisco, CA-based venture firm focused on early stage fintech startups in the US, closed its inaugural fund, FVS Fund I, at $13m

Sumeru Equity Partners, a San Mateo, California-based private equity firm, closed Sumeru Equity Fund III, L.P., at $720m

Qiming Venture Partners, a Shangai, China-based venture capital firm, closed Qiming Venture Partners Fund VII, at $1.2 billion

Pacer Ventures LLC, a venture firm for sub-Saharan Africa, has launched a $3M fund for early-stage startups

Start Codon, a Cambridge, England, UK-based life science and healthcare business accelerator, closed Start Codon Fund I LP, at £15m

Think Bigger Capital, Demium’s Asset Management Company, has launched its first fund (TBF I) which has a target size of €30M

Telus (TSX: T, NYSE: TU), a Vancouver, British Columbia-based communications and information technology company, launched a $100m social impact investment fund

Astanor Ventures, a Luxembourg-based venture capital firm focused on food tech and agtech, is launching a $325m fund 

ARTICLE FROM TECH CRUNCH ABOUT A16Z

Andreessen Horowitz  (a16z) has closed a pair of funds totaling $4.5 billion, the firm confirmed in a blog post this morning. The firm has raised $1.3 billion for an early-stage fund focused on consumer, enterprise and fintech; and closed a $3.2 billion growth-stage fund for later-stage investments. The firm did not immediately respond to request for comment.

The funds may seem somewhat typical, given the size of new funds that venture firms have been raising in recent years. Still, these are extraordinary amounts given that a16z, with offices in Menlo Park and San Francisco, was founded just 11 years ago.

Read more: https://techcrunch.com/2020/11/20/a16z-is-now-managing-16-5-billion-after-announcing-two-new-funds/

KEYWORDS: A16Z, Andreessen Horowitz, Contour Venture Partners, Sinai Capital Partners, Financial Venture Studio, Sumeru Equity Partners, Qiming Venture Partners, Pacer Ventures LLC, Think Bigger Capital

Robotic Process Automation Update 11/27/2020


DescriptionRobotic Process Automation (RPA) is the practice whereby an algorithm or computer software performs actions usually carried out by a human in order to complete rule-based tasks. It differs from traditional software by working at the user interface level, replicating the exact actions a human user would take, enabling companies with tools to create their own software robots to automate any business process.

NUMBERS:

Total of 145 Companies with 216 investors investing $8.82 billion USD. 2020 growth metrics saw increase of 4.08% YoY while capital invested decreased 26.47% Yoy. 2020 numbers showed 51 deals for total of $1.1 billion capital invested with 1.7 yeas average time between deals. These numbers were provide by PitchBook as well as the following chart.