Unconventional Ventures Secures Second Close for Fund II
Impact investor Unconventional Ventures has reached the second close for Fund II, as reported by Venture Capital Journal. New limited partners (LPs) for this fund include Dutch, Norwegian, and Danish impact investment firms, along with venture investors and individual venture capitalists, according to the same source.
Details of the Fund Close
Unconventional Ventures, tagged as an emerging manager in the impact space, announced this second close for Fund II. The firm focuses on impact investing, and the new LPs hail from Europe, specifically including firms from the Netherlands, Norway, and Denmark, as detailed in the Venture Capital Journal article published two days ago.
New Limited Partners Involved
The second close attracted LPs that encompass Dutch and Scandinavian impact investment firms, as well as broader venture investors and individual venture capitalists. This development highlights Unconventional Ventures’ connections in the European venture ecosystem, with tags from the source including Europe and Women in Private Funds, indicating a possible emphasis on diversity in private funds.
Context and Tags
As a widely-known aspect of venture capital, impact investing often involves firms from Europe that prioritize social and environmental returns. According to Venture Capital Journal, tags associated with this announcement include Emerging Managers, Europe, Fundraising, Impact, and Women in Private Funds.
