Blisce, a B Corp certified transatlantic growth VC fund that has previously backed ventures including Spotify, Pinterest and Headspace, has launched the new fund Blisce Fund II, with a final target of USD350 million.

Blisce Fund II, which held its first close today at USD150 million, will make investments ranging from USD10 million to USD35 million, in American and European companies on the forefront of new consumer trends. The fund will specifically look for high growth, high impact sectors including anti-food waste providers, and companies who deal with the future of health, micro-mobility, trusted financial services and access to education.

In this way, Blisce plans to double down on backing mission-driven entrepreneurs to create global consumer brands and tech companies that “do well by doing good”, according to the firm. Founded by Alexandre Mars in 2014, Blisce, whose investments include Too Good To Go and Brut, is co-headquartered in New York and Paris.

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Source: Private Equity Wire

By Karin Wasteson