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Base Partners hits $135.4M target for 2nd VC fund

Brazilian investment firm Base¹ Partners met the approximately $135.4 million target for its second venture capital fund.

In total, 43 investors committed to growth-stage fund Base Growth II LLC, according to a filing.

Its predecessor, Base Growth I LLC, closed in August 2017 and raised $75 million, according to S&P Market Intelligence data. It specializes in middle and late venture and growth stage investments, and targets technology companies in the U.S. and China.