Anzu Partners, a venture capital and private equity firm that invests in breakthrough industrial technologies, launched and held the first closing of its second fund, at over $110m..
Anzu Industrial Fund II (including Anzu Industrial Capital Partners II L.P. and AICP II Limited)’s investors include institutions, family offices, and individuals across the U.S. and overseas.
The fund targets USD$150m (Anzu Industrial Fund II), with a final close expected in mid-2019.
Similar to the first vehicle, which closed in December 2017 at $128m USD, Fund II is investing in U.S. and Canada-based private industrial technology companies that innovate in manufacturing, materials, monitoring & measurement, and modeling.
Anzu will commence investing into Fund II immediately.
Led by Managing Partners David Seldin, Whitney Haring-Smith, and David Michael, the firm teams with entrepreneurs to develop and commercialize technological innovations by providing capital and expertise in business development, market positioning, global connectivity, and operations.
Anzu has offices in Boston, MA, San Diego, CA, Tampa, FL, and Washington, DC.
Earlier this year, the firm exited their investment in Axsun Technologies, and invested in Liquid Instruments, a developer of precision test and measurement equipment, whose core technology originated at California Institute of Technology and the NASA Jet Propulsion Laboratory (JPL).