News

Two Sigma Ventures Raises $400 Million

Two Sigma Ventures, which arose from a similar-named hedge fund a decade ago, has raised approximately $320 million for its fourth early-stage venture fund and $80 million for its second opportunities fund.
Two Sigma Ventures Raises $400 Million 3

According to a corporate announcement, Two Sigma Ventures will use the two funds to invest in firms that employ data and technology for social betterment.

External investors such as college endowments, non-profit foundations, and pension funds contributed 85% of the $400 million raised by the firm. The remaining 15% was given by senior workers and partners at Two Sigma. The partner Colin Beirne said:

“A lot of limited partners are realizing that the next three years are going to be a great time to invest in the venture because there’s less competition, lower valuations.”

Two Sigma Ventures Raises $400 Million 4

Two Sigma Ventures invests in early-stage startups in software-as-a-service and fintech, among other sectors, in addition to crypto and DeFi.

Two Sigma Ventures is the venture arm of Two Sigma, a financial sciences corporation based in New York. According to the firm’s website, Two Sigma manages assets worth more than $60 billion.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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