Monday, August 6, 2018

Foundry Group Raises $750M Fund

Boulder-based venture investor Foundry Group has raised a huge, $750M venture fund, Foundry Group Next 2018, the firm said last week. According to Foundry Group, the fund is the venture investment firm's seventh. In a shift for the investor, Foundry said the new fund will include all of its early stage, early growth, and partner fund investments in a single fund, which is a split from its most recent strategy of separate funds for early stage and growth funds. Foundry Group provided more details on the new fund and its investment strategy in a blog post last week.