US-based venture capital firm Better Ventures has confirmed it has closed its latest fund at $21m thanks to a commitment from insurance provider Prudential’s corporate social responsibility group.
The fund was closed before Christmas, though the firm only announced the news last week. The fund’s other limited partners include the Schmidt Family Foundation, Treehouse Investments and individuals such as Chris O’Neill, chief executive of cloud collaboration software provider Evernote.
Better Ventures generally supplies between $250,000 and $400,000 to early-stage startups, though…
