Boston Roundup: Volition Capital, Freight Farms, Technical Machine
A few notable fundraising deals:
—Volition Capital, a spinout from Boston-based Fidelity Investments’ venture operation, has finished raising its second growth equity fund at more than $170 million. The firm, led by co-founder and managing partner Larry Cheng, showed up in the news this summer when it filed SEC paperwork for the first $80 million of the new fund. At that time, the fund’s target was $150 million.
—Freight Farms, a Techstars Boston company that puts hydroponic vegetable gardens inside souped-up shipping containers, has filed SEC paperwork indicating a $1.2 million equity investment round. The startup, which was also part of the MassChallenge program, recently reported installing one of its units at a hotel in Concord, NH.