Renaissance Venture Capital raises $52m

View the latest capital raises

Renaissance Venture Capital Fund has raised $52 million for its Renaissance Venture Capital Fund III, per a SEC filing. The Ann Arbor-headquartered firm began fundraising in 2016 with a $120 million target.

Its previous fund raised $78 million in 2012.

The fund will target venture capital fund opportunities in a diverse number of sectors in the United States.