PICO Venture Partners has held a final close of its second fund at $80 million. Through the fund, the firm will invest in early-stage startups with a sector-agnostic, business-centric approach.
PICO’s recent investments include Tastewise, an AI-powered food trends and prediction intelligence startup, and Ravin.AI, which combines computer vision and deep learning to detect and analyse vehicle damage via standard cameras.
PICO’s debut fund closed with $50 million of capital.
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