AXA Venture Partners, a venture fund focused on investment in the enterprise software space, unveiled a brand-new $1.6 billion, late-stage fund to invest in tech startups in North America, including companies in the fintech and insurtech sectors. It’s a peculiar strategy for a venture firm because it calls for allocations to later-stage businesses, typically the targets of private equity/ growth equity firms.
AXA Venture to Raise €1.5 Billion Fund for Investments in Tech Startups