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Sameer Brij Verma, who left venture capital firm Nexus Venture Partners last year, has raised $150 million for his new solo partner fund Northpoint Capital, people in the know said.
The solo GP (general partner) firm will focus on early-stage investments backing 15-20 startups with initial cheque sizes in the $1-8 million range, one of the people said. “The primary focus will be on early-stage startups, but the firm will remain open to investing selectively in follow-on rounds,” the person added.
ET in March 2024 reported that Verma was leaving…
