Australia's Square Peg raises $180m for debut VC fund
Square Peg Capital, an Australian venture capital firm set up by Paul Bassat, co-founder of job listings site Seek, has closed its debut fund at A$234 million ($180 million), exceeding the A$200 million target.
The vehicle has superannuation fund backing in the form of Hostplus, which is said to have contributed A$50 million. Other commitments came from high net worth individuals and technology sector entrepreneurs....
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