Linse Capital: Raises $700M To Back Industrial Technology Companies

Linse Capital Raises $700M To Back Industrial Technology Companies

• Linse Capital, a San Juan, Puerto Rico-based growth equity firm, raised $700m to back industrial technology companies
• LPs include affiliates of Oppenheimer & Co., Daimler Truck, Taiwan Mobile and a syndicate of more than 400 family offices and high-net-worth individuals
• The capital will be allocated across its flagship fund – LinseCapital Fund I (LCFI) – alongside two co-investment vehicles for portfolio companies Skydio and Verkada
• LCFI will invest in a select group of new companies per year, investing between $100m and $400m in each business
• The firm aims to become the largest or one of the largest shareholders at exit
• Investment areas include four sectors: transportation, energy, logistics and real estate