The Big Headlines * Atlanta-based Sovereign’s Capital, a diversified alternative asset manager dedicated to excellence in faith-driven investing, has closed its largest venture capital fund to date, Venture Capital Fund IV, LP, with over $60 million in committed capital. The fund’s investors include both existing limited partners

This week was a hot one for most of the Southeast, with a record Heat Wave gripped many parts of the region. But startup funding was pretty cool this week. Here are the big funding headlines...and a few other important news stories....that you need to know this week: