RTP Global, a global venture capital firm focused on early-stage technology investments, is launching a $650M fund.
RTP Global III will invest in early stage companies across North America, Europe, India and South-East Asia operating in verticals such as mobility, AI, SaaS, fintech, foodtech, healthtech, proptech, insurtech and sporttech. The fund will deploy more capital internationally to founder driven businesses.
Founded in 2000 under the name ru-Net by serial entrepreneur Leonid Boguslavsky, RTP Global is a venture capital firm focused on early-stage technology investments. It supports young companies from various industries with strategic know-how and a broad global network.
The previous fund, $200M RTP Global Fund II, launched in December 2017 and invested in 34 companies across the globe with 13 in Europe, 11 in the USA and 10 in India and South East Asia. Investments include Smarter Sorting (USA), Cuvva (UK), CoachHub (Germany), Cred (India), and Zenyum (Singapore). The rest of the fund is allocated into follow-on investments.
Notable investments of the firm include Datadog, the cloud monitoring service, which IPO’d in 2019 and Delivery Hero, one of the world’s largest online food delivery services, which IPO’d in 2017, RingCentral, a provider of global enterprise cloud communications and collaboration solutions, which IPO’d in 2013, and Yandex, the multinational technology corporation which IPO’d in 2011.
To date, the total value of RTP Global assets under management is close to $2B.
The firm has offices in New York, Moscow, Bangalore, London and Singapore.