Access Ventures looks to raise $50-100m for new vehicle, closes Fund II at around $50m

REUTERS/Dado Ruvic

Early-stage venture capital firm Access Ventures is looking to raise $50-100 million for its third vehicle, after closing its second fund at around $40-50 million, DealStreetAsia has learnt from sources aware of the development.

The second fund, which closed last year, most recently led a $2 million Series A investment in the Vietnamese D2C menswear brand Coolmate. Do Ventures, CyberAgent Capital, and DSG Consumer Partners also participated in the round.

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