Breakout Labs raises $46.5m

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Breakout Labs has raised $46.5 million to date for its Breakout Ventures, per a SEC filing. The San Francisco-headquartered firm has set an undisclosed target and began fundraising in 2016. 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 in North America.