Lux Capital Raises $350M To Fund 'Futuristic' Tech Ventures

Law360, New York (April 2, 2015, 4:18 PM EDT) -- Venture capital firm Lux Capital, an investor of early-stage companies that blend science and technology on pursuits spanning from 3D printing to cancer therapy, said Wednesday it raised $350 million for its fourth and largest fund, beating its $245 million target.

Lux Capital, based in Silicon Valley and New York, said the oversubscribed Lux Ventures IV LP fund brings total assets under management to $700 million. The fourth fund, raised over two months, surpassed the prior fund's total of $245 million. The firm said it plans...
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