Fund II
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Race Capital’s second fund, Fund II, was oversubscribed by $181 million
According to reports, Fund II, the second fund of Race Capital, received an oversubscription of $181 million. It is reported that the fund has made 10 investments, including a machine learning development platform called Sematic and a digital wallet called Ottr Finance. Interpretation of this information: The oversubscription of $181 million to Fund II of Race Capital signals a significant vote of confidence from investors in the VC firm’s ability to identify and nurture promising startups. This is a promising sign for the global startup ecosystem, showing that despite the…
