Prime Venture Partners announces 4th fund of $100 mn

Venture capital firm Prime Venture Partners has announced its fourth fund of $100 million, with the first close of $75 million. Prime had raised its last fund of $72 million in 2018, the second fund of $46 million in 2015, and a $8-million first fund in 2012. It will continue to focus on being the first institutional investor, maintaining its high-conviction and deep-support investing model in early-stage technology startups.