Australian early-stage VC firm Investible has closed its second vehicle at A$51.6 million ($36.8 million) and plans to set aside 30% of it to invest in Asian startups, a top executive of the company told DealStreetAsia.
Investible Early Stage Fund 2, which was launched in March 2021, had announced its first close in June at A$35 million. The vehicle is more than double the size of the firm’s first fund, which had closed at A$22.5 million in late 2019 after being oversubscribed.
