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MaC VC raised $150 million Fund III

TechCrunch LogoTechCrunch11h ago

MaC VC raised $150 million Fund III - TechCrunch

Quick Summary:

MaC VC just raised a $150 million Fund III, according to Fortune.  The firm, which launched in 2021 and already has $600 million in assets under management, will now cut check sizes between $2 million and $3 million into seed-stage companies.

Notable investments for the firm include Chef Robotics and Stoke Space.

Black founders and fund managers have struggled to raise funds this year as the amount of capital allocated to Black people continues to decrease.Buddy.


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Author / Journalist: Dominic-Madori Davis

Category: Technology

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Published On: 2024-10-31 @ 20:00:00 (11 hours ago)

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News Source URL: techcrunch.com

Language: English

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Copyright Owner: © TechCrunch

News ID: 23354038

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