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VC firm Square Peg raises $550 million for fifth venture capital fund

2022/10/26 04:55

According to THE BUSINESS TIMES, venture capital firm Square Peg announced the close of its fifth fund, raising $550 million. Investors in the fifth fund include Australian superannuation funds Hostplus and AustralianSuper, as well as family offices, institutions and endowments, of which some are returning investors. Tushar Roy, a partner at Square Peg, said that the new fund will keeping a keen eye on the high levels of activity in Web3 across Australia, Israel and South-east Asia.
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