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Startups · 1h ago

Magnify Ventures Closes $46.6M Fund II with Melinda Gates Backing

By Meridian48 News Desk · Summarised from TechCrunch ·

Early-stage firm Magnify Ventures raised a $46.6 million Fund II, with Melinda French Gates' Pivotal Ventures as a limited partner. The fund will invest in tech startups. This marks continued institutional support for the venture firm's strategy.

Meridian48 take
The involvement of Pivotal Ventures signals a focus on startups with social impact, but the fund size is modest for the current market.
Read the full reporting
Melinda Gates’ venture firm backs Magnify Ventures’ $46.6M Fund II →
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