Twitter and Motley Fool were among the LPs in the venture firm’s latest vehicle, which had a $100m target.

US-based venture capital firm Ulu Ventures has raised $138m for its third fund from investors including social media firm Twitter and Motley Fool Ventures, the corporate venturing arm of financial advisory service Motley Fool.

University of Rochester and Grinnell College also chipped in, as did financial services firms Bank of America and Goldman Sachs.

The limited partners were filled out by seven foundations – of which only John D and Catherine T MacArthur and Harry and Jeanette Weinberg Foundations were…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.