US-based early-stage venture capital firm Aspect Ventures closed its second fund on Tuesday at $181m having raised capital from limited partners including networking equipment manufacturer Cisco.
Investment firm Knollwood Investments has also committed to the fund, as has Melinda Gates, co-chair of philanthropic organisation Bill & Melinda Gates Foundation.
Aspect’s Fund II will invest in early-stage technology startups, following the model of the firm’s $150m Fund I, which was launched in 2015 to target sectors such as cybersecurity, digital health,…
