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Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run
[December 30, 2020]
Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run
Madrona Venture Group, the leading venture capital firm based in Seattle, announced today the closing of more than $500 million in new funds. The firm closed two funds simultaneously, Madrona Venture Fund 8 of $345 million and Acceleration Fund 2 of $160 million. Both funds were heavily over-subscribed. The funds will be deployed on complementary strategies building startups from the seed stage primarily in the Pacific Northwest and from an acceleration stage, throughout North America. ....

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