Fund name: True Ventures VII and True Ventures Select IV
Amount raised:Â $465 million (True VII) and $375 million (Select IV)
Stage of fundraising:Â Final close
Final close date:Â October 2020
Predecessor fund: True Ventures VI ($350 million) and True Ventures Select III ($285 million)
True Ventures has raised $465 million on True Ventures VII and $375 million on True Ventures Select IV on their final closes. The two funds will continue to invest in the early and growth stage TMT start-up companies in the US.