FinTechFunding

Vine Ventures: Closes Fund II, At $140M

Vine Ventures Closes Fund II, At $140M

  • Vine Ventures, a New York City-based early stage venture capital firm, closed its Fund II, at USD140M
  • The new fund received commitments from some of the world’s leading technology investors, founders, pension funds, and endowments
  • Co-founded by Eric Reiner and Dan Povitsky, Vine leads the earliest financing rounds of technology companies, investing $1 million to $10 million as a first check
  • The addition of Fund II brings the firm’s total assets under management to $243 million
  • The firm also announced the opening of two offices: NYC (Flatiron) and Tel Aviv (Sarona Market)
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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