Forerunner Ventures, a consumer-focused early-stage investment firm has raised USD1bn in capital commitments for its sixth fund, according to a report by AltAsstes.
The total is double the USD5000 billion collected by the predecessor fund, which closed in 2020.
The new Fund VI will continue Forerunner’s strategy of making early-stage investments in consumer-focused businesses and the companies that support them.
Read more: Private Equity Wire
