​B Capital Group, A New Type Of Global Venture Capital Firm Backed By BCG, Closes $360 Million Fund

Last update: 09/02/2018

B Capital backs groundbreaking entrepreneurs building the next generation of technology companies

LOS ANGELES, Feb 9 (Bernama) -- B Capital Group, a digital technology investment firm that invests in pioneering healthcare, financial services & insurance, industrial, and consumer enablement companies, today announced that it closed B Capital Fund, L.P. at $360 million, substantially exceeding the original target. Founded with the deep-rooted belief that innovation has no borders, B Capital Group's new fund will continue to enable the firm to invest in innovation, bringing a global-first mentality to investing and partnering with entrepreneurs.

B Capital Group is backed by partners who are both experts and innovators, and together they are reimagining venture capital and connecting emerging technology startups with global market leading corporations. Through its sponsorship from The Boston Consulting Group (BCG), B Capital Group provides the right introductions at the right time and partners with new companies to build and scale sustainable businesses. Ropes & Gray LLP provided legal counsel in connection with the fundraise.

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