Connect with us

Hi, what are you looking for?

NFuzerNFuzer

Fintech

Fiat Ventures Closes Over Subscribed $25 Million Fund

Fiat Ventures

Fiat Ventures, based in San Francisco, has closed on it’s very first fund of $25 million which it will use to invest in Fintech, insurtech, as well as proptech companies, building off the original target fund closed back in 2021 for $15 million.

Invesco Private Capital is the anchor investor, with other investors including the likes of DAHG Capital Partners, Joint Effects, Full Spectrum Capital, Temerity Capital Partners, Now Investments, Mountaineer Capital, Permit Ventures as well as fintech operators Jonathan Abelmann from Bestow, Kyle Daley at Chime, and Chinedu Eleanya from Mulberry.

The fund’s first check size is between $250,000 and $500,000 at pre-seed, seed or Series A, and reserves half of its fund for follow-on funding.

You May Also Like

Investments

AutoLeadStar, which is the Jerusalem based marketing and customer data startup for auto dealerships announced that they have raised a $40 million growth round,...

Business

Miami-based digital media startup VentureKite, which buys and grows profitable websites, has officially announced that they have successfully closed a $30 million credit facility...

Investments

The FTX fallout has not only rocked the Web3 and cryptocurrency landscape, with their bankruptcy pulling back the curtain on a company that shockingly...

Gaming

Los Angeles-based Web3 startup Carv has received a valuation of $40 million as investors strive to back web3 identity builders in the market following...