Australia's Square Peg raises $180m for debut fund, beats target of $154m

Australia's Square Peg raises $180m for debut fund, beats target of $154m

Australian venture capital (VC) firm Square Peg Capital, that is among the early investors in ride-hailing app Uber, has closed its debut fund at A$234 million ($180 million), beating its original target of A$200 million.

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