Impact investor Capria announces first close of $100m fund at $40m

Photo: Mint

Investment firm Capria Ventures Llc Wednesday said it has raised $40 million to achieve the first close of its $100 million fund.

Vulcan Capital, the investment arm of late Microsoft founder Paul Allen, has committed $20 million to the total fund, Capria co-founder and managing partner Will Poole said over the telephone.

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