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ARTICLE | Financial News

Versant raises $700M across two funds

December 17, 2018 3:34 PM UTC

Versant Ventures has raised $700 million across two new funds. Versant Venture Capital VII closed at $600 million and Versant Voyageurs I, its Canadian companion fund, closed at $100 million.

Fund VII will make traditional early stage investments, and will also invest in start-ups emerging from Versant's global incubators (see “Versant’s Base Case”)...

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