Impact investor Capria announces first close of $100m fund at $40m
By Aaakanksha Ahuja
Investment firm Capria Ventures Llc Wednesday said it has raised $40 million to achieve the first close of its $100 million fund.
Vulcan Capital, the investment arm of late Microsoft founder Paul Allen, has committed $20 million to the total fund, Capria co-founder and managing partner Will Poole said over the telephone.
Omidyar Network, Ford Foundation and Resonance Impact Fund have also come on board as new limited partners (LPs) at Capria.
Photo courtesy of John Twohig.