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So. Many. New. Venture. Funds.

Further proving that venture investors have more dry powder than ever before, this week started with a flurry of venture capital fund close announcements across sectors and stages. It tells that LPs are staying active amid this dissonant moment in tech, and despite some struggles ahead for emerging fund managers, that’s news.
Our team got a good list going:
B Capital closed on $250 million in capital commitments for its Ascent Fund II, its first dedicated early-stage fund that will invest in pre-seed through Series A companies globally, but with an emphasis on the U.S. and Asia.
Cathay

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