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Berkeley SkyDeck closes USD60m fund II

UC Berkeley SkyDeck, a global hub for entrepreneurship and a leading accelerator, has closed SkyDeck Fund II with USD60 million in capital commitments.

The oversubscribed fund is nearly three times larger than Fund I and features a diverse set of returning and new investors including leading venture capital firms within Silicon Valley. 

The SkyDeck Fund is the dedicated fund of Berkeley SkyDeck, University of California, Berkeley’s largest accelerator. The SkyDeck Fund has consistently performed in the top quintile of investment funds and, to date, has helped founders in over 30 countries and from seven of the nine University of California schools raise more than USD1.7 billion in funding.

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