Valar Ventures unveils $32m NZ fund
Valar Ventures, the venture capital firm run by PayPal co-founder Peter Thiel, has raised NZ$40 million ($32 million) for a vehicle launched in partnership with the New Zealand Venture Investment Fund (NZVIF).
Thiel, who was also the first outside investor in Facebook, has attracted a $20 million commitment from NZVIF, the New Zealand government's venture capital and seed co-investment arm, and will contribute...
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