The growth equity firm has closed its Fund III at $200m, with all the capital again coming from corporate partner Panasonic, bringing its capital under management to $450m.
Japan-headquartered consumer electronics manufacturer Panasonic provided $200m in capital for US-based venture capital partner Conductive Ventures’ third fund yesterday.
Founded in 2017 by managing directors Carey Lai and Paul Yeh (pictured on main page), Conductive targets developers of hardware, software, technology-enabled services and blockchain products at growth stage, and has cited startups led by non-traditional founders as a key area of interest.
The firm has achieved seven exits so far, including additive manufacturing technology provider Desktop Metal, which listed on…
