Crane Venture Partners Completes Seed Fund for Europe, at $90M

crane teamCrane Venture Partners, a London, UK-based venture capital firm focused on early-stage intelligent enterprise startups, closed Crane I, its first institutional fund, at $90m.

LPs include:
– MassMutual Ventures, the venture capital arm of Massachusetts Mutual Life Insurance Company, a mutual life insurance company.
– British Patient Capital (BPC), backer of venture funds in the UK, and
– other institutions, high-profile founders and venture capitalists spanning the US, Europe and Asia.

In addition to funding, the firm has formed a strategic partnership with MassMutual Ventures to give Crane and its portfolio companies access to new markets and networks as they expand internationally.

Co-founded by Scott Sage and Krishna Visvanathan, and also led by Partner Andy Leaver, Crane Venture Partners is thematically focused on the impact of data and data driven solutions on the enterprise.
The firm invests at the seed stage and has made several investments to date in companies across Europe, including Aire, AVORA, Senseon, Stratio Automotive and Tessian. Several of Crane’s investments have already gone on to raise significant Series A and B rounds.

Crane Venture Partners recently opened its first office in Soho, London, and is actively adding to its existing portfolio of companies in Crane I and to its team as it further expands its operational support for portfolio companies.



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