Microsoft and GS Group among LPs to Closed Loop Venture Fund II.
Closed Loop Ventures Group, a US-based venture capital firm, has closed its second fund at more than $50m from limited partners including corporations Microsoft and GS Group.
Other LPs include foundations, such as the Autodesk Foundation, and single and multi-family offices.
The Closed Loop Venture Fund II run by Danielle Joseph will invest in circular economy solutions across plastics and packaging, fashion, food and agriculture, and supply chain technology. The second fund has already invested in Partsimony, Ucrop.it and Dimpora.
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