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ISSUE – Jun. 04 | White Star Capital raises new $180M fund to help startups go international

Global venture capital firm White Star Capital has closed a second fund of $180 million, money it plans to invest in “transatlantic” companies that need help to go international. The VC already has a presence in London, New York, and Montreal, and as part if its new fund is adding Paris and Tokyo to the list.

Oversubscribed from an initial target of $140 million, apparently, White Star says it will invest in around 20 new companies from the new fund, writing opening cheques of between $1 million and $6 million. White Star’s first fund of $70 million closed in 2015 and the VC has backed around 26 startups to date. Notably, the firm has already invested in eight companies from its second fund. [ TechCrunch ]

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