Venture capital firm Accel’s new global late-stage “leaders” fund, has closed with $4 billion in capital commitments, according to a report by Deal Street Asia.
The Silicon Valley firm’s previous fund closed at $2.3-billion fund closed in December 2020. Accel also
Accel is reported as saying that the new fund complements its early-stage and growth-stage funds where the firm will stay focused on being the first partner to seed and Series A fundings, and bootstrapped or lightly-capitalised businesses.
Read more: Private Equity Wire
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