TDK Ventures closed its sophomore fund on $150m in April 2021.

Speaking at the GCV Digital Forum 2021, Nicolas Sauvage, managing director of TDK Ventures, the corporate venturing arm of electronics producer TDK, has provided advice on how to raise a second fund.

The firm closed its sophomore fund on $150m in April 2021, collecting three times the capital raised by its debut vehicle, which was launched nearly two years ago.

“It is important to think about why you want to raise a second fund, and the reason should not be simply…

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