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Laxman Pai, Opalesque Asia: G Squared, the US-based global growth-stage venture capital firm, announced the close of its $1.2 billion fifth flagship fund, G Squared V.
According to a press release from the global venture capital firm, the fund will invest in growth-stage businesses in G Squared's four core areas of focus: fintech/insurtech, consumer internet, mobility, and SaaS.
The firm also announced the opening of a new office in Miami, joining its other physical office locations in Chicago, San Francisco, Zurich, and Greenwich.
Over the last twelve months, G Squared has welcomed a dozen new team members to support its increasing contribution to the global venture ecosystem as growth stage companies continue to proliferate worldwide.
"Since our founding, G Squared has partnered with top-tier management teams across the globe, empowering them to drive innovation and disruption through technology," said G Squared Founder and Managing Partner Larry Aschebrook.
Larry added: "G Squared is poised to create new possibilities from our centers in North America and Europe while we expand our reach in the Asia Pacific and Latin America. This new fund is the next chapter of our story, and we are grateful to our partners for their continued belief in our strategy."
The firm's affiliate, G Squared Ascend, offers transformative private companies a path to public markets via SPAC. ...................... To view our full article Click here
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