500 Startups raises $85m for its third VC fund

500 Startups raises $85m for its third VC fund

Photo sourced from 500 Startups website

Silicon Valley-based 500 Startups, an early-stage seed fund and startup acclerator, has raised $85 million for its third global fund, 15 per cent short of its original target, according to a report in Wall Street Journal. The company has closed the third fund at this amount.

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