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Consumer sector-focused venture capital firm Venturi Partners has announced the first close of its second fund at $150 million. The total value of the fund is $225 million, which the firm plans to close in the next 12 months.
The investment cheque sizes will be between $15 million and $40 million in 10 companies, across high-growth consumer sectors over five years. The firm aims to make two investments a year.
“The consumer sector is not limited to food and beverages for us. It is every sector in which the consumer is spending their share of…
