Bentley iTwin Ventures is managed by Touchdown Ventures and will make strategic investments of up to $5m on behalf of its infrastructure software provider parent.
US-based infrastructure engineering software producer launched Bentley Systems launched a $100m corporate venture capital vehicle on Tuesday dubbed Bentley iTwin Ventures.
Bentley iTwin Ventures will fund developers of technology that can complement its parent company’s aim of digitising infrastructure management. It will make initial investments of between $1m and $5m in portfolio companies.
The fund will be managed by Touchdown Ventures, the corporate VC partner that already manages vehicles on behalf of companies such as packaged food producer Kellogg,…