Fontinalis Partners, a U.S. early-stage investment firm, has raised $104 million in capital commitments for its third fund.
Fontinalis III received support from over 30 limited partners spanning institutional investors, individuals and family offices, as well as corporate investors.
The fund, which with the recent funding has reached total committed capital of $270 million, will primarily focus on backing early-stage companies, from seed to Series B investments.
In addition, Fontinalis will further invest in startups directly impacting the movement of people and goods, as well as enabling technologies with outsized impacts in the mobility sector.