Top stories in today?s VentureWire:
Looking to fuel Mexico?s emerging startup community, venture firm Jaguar Ventures is raising up to $60 million in its debut fund. Formed three months ago, Jaguar Ventures plans to invest between $500,000 and $2 million in early-stage startups throughout Mexico. Since the country began implementing investor-friendly changes in 2006 to its tax, securities and other laws, the venture capital asset class grew from an investing oddity to $300 million deployed in 2012, according to the Latin American Private Equity & Venture Capital Association.
A new firm called Aleph has closed a $140 million maiden fund for early-stage investments in Israeli entrepreneurs who want to build ?big, scalable global businesses,? according to the fund?s founding partners. The new fund will focus on Series A deals. Aleph, whose name comes from the first letter of the Hebrew alphabet, plans to operate from offices in Tel Aviv and New York.
Also in today?s VentureWire: Rooftop solar-panel developer Sungevity Inc. said Wednesday it has raised $15 million in new venture capital as the U.S. home solar-panel market continues to grow?Davra Networks Corp., a Dublin company developing software to manage Internet-connected devices, said it closed a $2 million Series A investment and added a Cisco Systems Inc. executive to its board?and Los Angeles technology accelerator Be Great Partners, which launched in February, said it plans to back 250 startups from a $6 million fund in as little as a year.
(VentureWire is a daily newsletter with comprehensive analysis of all the investments, deals and personnel moves involving start-ups and their venture backers. For a two-week trial, visit our homepage, scroll to the bottom and click ?try for free.?)
Elsewhere around the Web:
Continuing its shopping spree, Yahoo Inc. said it bought venture-backed Xobni Corp., a maker of address book apps. The ?company, whose name is ?inbox? spelled backwards, sold for $30 million to $40 million, Wall Street Journal website All Things Digital reported. It had raised more than $40 million from backers including First Round Capital and Khosla Ventures.
Music-video service Vevo sold about 7% of itself to Google Inc. for about $45 million as part of a deal to keep its content on Google?s YouTube. Music labels own a large part of Vevo.
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