U.S. Valar Ventures to land $350 mln across two new funds in IPO

01/15/2019 10:16:00 AM (GMT)

U.S.-based venture capital firm Valar Ventures plans to land $350 million across two new funds in an initial public offering (IPO).

Valar will bag $150 million for its fifth flagship venture fund and an additional $200 million for its first opportunity fund.

Valar, which has filed paperwork with the U.S. Securities and Exchange Commission, intends to invest in financial services companies.

In 2018, Valar completed its fourth fund, Valar IV, at $133.4 million.

Valar Ventures

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