500 Startups raises $44.1m second fund
Silicon Valley-based incubator 500 Startups has held a final close of $44.1 million second fund that will back seed and accelerator companies. The vehicle – 500 Startup Fund II - is larger than its predecessor but below the $50 million target.
The firm will invest about 75% of its capital in the US and 25% abroad, despite the big international push 500 Startups has made over the past couple years. To date, 500 Startups has made around 150...
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