B Capital Closes $250M Early-Stage Fund

B Capital, a global multi-stage investment firm, closed Ascent Fund II, its first dedicated early-stage fund, at $250 million.

Ascent invests in pre-seed through series A rounds globally, with an emphasis on the U.S. and Asia.

The Ascent team was founded by Chair and General Partner Howard Morgan, firm Co-Founder and Managing Partner Eduardo Saverin, General Partners Gabe Greenbaum and Karen Page, and Partner Karan Mohla. Leveraging their decades of experience as active partners of early-stage companies, they target founders leading the next wave of innovation across digital healthcare, enterprise software, fintech and logistics, among other growing industries.

With $6.5 billion in assets under management across multiple funds, the firm focuses on seed to late-stage growth investments, primarily in the enterprise, financial technology and healthcare sectors. Founded in 2015, B Capital leverages an integrated team across eight locations in the US and Asia, as well as a strategic partnership with BCG, to provide the value-added support entrepreneurs need to scale fast and efficiently, expand into new markets and build exceptional companies.

FinSMEs

19/07/2022