B Capital has held the close of its third venture growth fund and related companion funds (Growth Fund III), with aggregate capital commitments of approximately $2.1 billion. The fund will target investments around the world with a particular focus on the US and Asia.
B Capital has held the close of its third venture growth fund and related companion funds (Growth Fund III), with aggregate capital commitments of approximately $2.1 billion. The fund will target investments around the world with a particular focus on the US and Asia.
Founded in 2015, B Capital, and led by Howard Morgan, Sheila Patel, Eduardo Saverin and Raj Ganguly, B Capital partners with technology companies ranging from seed to late-stage growth, primarily in the enterprise, fintech and healthcare tech sectors.
The close of Growth III Fund comes on the heels of the completion of fundraising for B Capital’s Ascent Fund II, its first dedicated early-stage fund.