Blue Cloud Ventures raises $52.6m

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Blue Cloud Ventures has raised $52.6 million to date for its Blue Cloud Ventures III, according to a SEC filing. The New York-headquartered firm has set a $100 million target and began fundraising in 2017. The SEC filing did not disclose whether the capital raise constituted a final or interim close.

The fund will target venture capital opportunities in a diverse number of sectors globally.