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Atlas cuts funds by $367mAtlas Venture is the latest venture capital entity to feel the pinch in the early stage sector, cutting its sixth fund by 38 per cent back to $600m and closing two of its US offices.
- Viventures scales back E638m technology fund
The global venture firm has become the latest early stage investor to release limited partners from part of their commitments.
- US firms look to scale back funds
US venture capital firms are increasingly struggling to hold on to the large funds raised before the technology crash.