Battery Ventures just closed on a whopping $2 billion across two funds, two years after its last fundraise

Battery Ventures just closed on a whopping $2 billion across two funds, two years after its last fundraise

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/12/battery-ventures-just-closed-on-a-whopping-2-billion-across-two-funds-two-years-after-its-last-fundraise/

Battery Ventures,  the now 37-year-old investment firm, just closed on two new funds that — at $2 billion in capital commitments — nearly double the record-breaking $1.2 billion that the firm closed on exactly two years ago.

It sounds very typical of the broader trend in recent years of firms that rush back to market every two years and lock down ever greater capital commitments as they go.