Austin-based Ironspring Ventures raised $100m to invest in industrial revolution

Quick Summary:

When Ironspring Ventures launched in 2020 to back startups in industrial sectors like construction and manufacturing, it was one of very few early-stage venture firms paying attention to those capital-intensive sectors.

The Austin, Texas-based firm raised $100 million for its second fund to focus on industrial startups.

Now, the firm is doubling down.

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Article Details

Author / Journalist: Rebecca Szkutak

Category: StartupsBusiness

Markets: United StatesIndiaMexico

Topics: Transportation Venture capital Fundraising Industrial Revolution Startups Fundraising Hardware Venture

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 10:00:00 (4 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1359 words

Reading Time: 8 minutes read

Sentences: 58 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21401206

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