The Daily Startup: Spark Capital Seeks $370 Million for New Fund


This post is by Russ Garland from Venture Capital Dispatch


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Spark Capital, whose investments span from eyeglasses to messaging, is raising a new investment fund, according to a regulatory filing. The Boston firm, which has no capital commitments listed for the fund, is seeking to raise as much as $370 million. The fund will be called Spark Capital V LP, according to the filing. Spark has made investments in Oculus VR, which was acquired by Facebook for $2 billion, and Twitter , which trades on the New York Stock Exchange.

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Tizona Therapeutics Inc. has emerged from stealth with $43 million in Series B financing and a goal of turning immune responses up or down at the disease site to treat cancer and autoimmune disorders.

Wunder Capital raised $3.6 million in Series A funding led by Techstars Ventures, with participation by Fenway Summer Ventures and Fintech Collective.

Aberdeen Asset is raising $200 million for a venture fund, according to a regulatory filing.

Medical-technology company Palmaz Scientific Inc. has filed for bankruptcy and seeks a buyer for its assets.

(VentureWire is a daily newsletter with comprehensive analysis of all the investments, deals and personnel moves involving startups and their venture backers. For a two-week trial, visit http://on.wsj.com/DJPEVCNews, scroll to the bottom and click “try for free.”)

Write to Russ Garland at russell.garland@wsj.com