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Bailey McCann, Opalesque New York:

Sorenson Capital, a venture capital fund, has launched its third vehicle with $150 million. Ventures III maintains a comparable size to its predecessor, Ventures II, which was a $150 million fund.

The firm says it wanted to maintain the same fund size in order to ensure a collaborative style with each portfolio company.

"Our approach goes beyond just providing capital; we roll up our sleeves and work closely with founders to identify urgent pain points, define customer profiles, and develop products that solve real business problems," says Ken Elefan......................

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