Venture Firm K2 to seek $200m after backing Uber, Spotify

Visual of K2 Global homepage. February 2017.

K2 Global, a firm that has invested in startups such as Uber Technologies Inc. and Spotify Ltd., plans to raise $200 million for a second venture capital fund after gathering just under that amount for its first such offering.

The investment firm, led by Ozi Amanat, will start seeking more money in the second quarter after raising $183 million from investors last year, according to an investor presentation obtained by Bloomberg News. The new fund will focus on technology, Internet and software firms, according to the presentation. Amanat, based in Singapore, declined to comment.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter