10
White Star Capital raises new $180M fund to help startups go international

White Star Capital raises new $180M fund to help startups go international

6 years ago
Anonymous $2WKDXfy9lA

https://techcrunch.com/2018/06/03/white-star-capital-ii/

Global venture capital firm White Star Capital has closed a second fund of $180 million, money it plans to invest in “transatlantic” companies that need help to go international. The VC already has a presence in London, New York, and Montreal, and as part if its new fund is adding Paris and Tokyo to the list.

Oversubscribed from an initial target of $140 million, apparently, White Star says it will invest in around 20 new companies from the new fund, writing opening cheques of between $1 million and $6 million. White Star’s first fund of $70 million closed in 2015 and the VC has backed around 26 startups to date. Notably, the firm has already invested in eight companies from its second fund.

White Star Capital raises new $180M fund to help startups go international

Jun 3, 2018, 9:17pm UTC
https://techcrunch.com/2018/06/03/white-star-capital-ii/ > Global venture capital firm White Star Capital has closed a second fund of $180 million, money it plans to invest in “transatlantic” companies that need help to go international. The VC already has a presence in London, New York, and Montreal, and as part if its new fund is adding Paris and Tokyo to the list. > Oversubscribed from an initial target of $140 million, apparently, White Star says it will invest in around 20 new companies from the new fund, writing opening cheques of between $1 million and $6 million. White Star’s first fund of $70 million closed in 2015 and the VC has backed around 26 startups to date. Notably, the firm has already invested in eight companies from its second fund.