U.S. private equity and venture capital funds posted higher returns for 2015 than the public markets, according to a new report from investment advisor Cambridge Associates. The firm’s venture capital index showed particularly strong performance, posting a 12.9 percent gain for last year. Cambridge Medical Robotics raises $20.3M Series A Cambridge Medical Robotics, a company developing a robotic system for minimal access surgery, announced that it has secured $20.3 million in a Series A funding round from new investors including ABB Technology Ventures, LGT Global Invest and Cambridge Innovation Capital. Bloomberg closes second VC fund with $75M Bloomberg L.P. announced the close of a second $75 million fund for its venture capital firm Bloomberg Beta. The early stage fund has an investment thesis around the future of work, with a particular focus on machine intelligence. Introducing new ways to access CrunchBase Data Uncover new opportunities, discover industry trends, and build powerful apps using the Daily Excel Export or API. |