US legal firm Foley & Lardner said its Foley Ventures Fund II, a corporate venturing fund for investing in or with Foley clients, has raised $2.6m from its partners.

Combined with the firm’s initial venture capital fund, Foley Ventures Fund I, the firm’s partners have raised a total of $6.6m and invested in 32 clients.

The development of the Foley Ventures funds is a result of the firm’s venture capital and private equity work with  funds and emerging growth companies.…

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