Honda and corporate venturing units HP Tech Ventures and ZX Ventures all chipped in for a fund that almost doubled the size of its last vehicle.
US-based venture capital firm SOSV has secured $277m from limited partners including automotive manufacturer Honda, computing equipment manufacturer HP and alcoholic beverage producer AB InBev for its latest fund.
SOSV IV’s LPs also include wealth managers Tiedemann Advisors and Davy Group, while HP and AB InBev participated through their HP Tech Ventures and ZX Ventures units. Undisclosed university endowments, foundations, fund of funds, family offices and private investors also supplied capital.
Founded in 1994, SOSV runs several accelerator schemes in…
