Vine Ventures Closes Fund II, At $140M

USA – Vine Ventures, a New York City-based early stage venture capital firm, closed its Fund II, at USD140M.

The new fund received commitments from some of the world’s leading technology investors, founders, pension funds, and endowments. Co-founded by Eric Reiner and Dan Povitsky, Vine leads the earliest financing rounds of technology companies, investing $1 million to $10 million as a first check. Its Fund II follows a successful start to Fund I, which was raised in June 2020 and invested in:The addition of Fund II brings the firm’s total assets under management to $243 million. The firm also announced the opening of two offices: NYC (Flatiron) and Tel Aviv (Sarona Market).26/06/2022