The corporate venturing unit has launched a second fund, just over three years after putting $100m into its first.
MassMutual Ventures (MMV), the corporate venture capital vehicle formed by US-based insurance firm Massachusetts Mutual Life Insurance Company, launched a second $100m fund on Tuesday.
The move doubles the amount of capital the unit has under management, and follows the launch of its first fund in 2014. It estimates it will be able to fund another 20 to 25 companies with the extra funding
MMV targets companies developing products or technology focused on insurance, digital health, financial services and…