Allos Ventures raises $52m

The American manager closes its third early-stage venture fund for midwest U.S. tech investments.

  • Fund name: Allos III
  • Amount raised: $52 million
  • Target size: $50 million
  • Stage of fundraising: Final close
  • Final close date: January 2020
  • Time on the road: 1.5 years
  • Predecessor fund: Allos II
  • Amount invested to date: 15-20% deployed
  • Number of investors: >65

Allos Ventures held a final close of Allos III on $52 million. The fund, like its predecessor Allos II, will invest in early stage technology companies in the Midwest United States.