Dawn Capital, a UK-based venture capital firm specializing in B2B software, has successfully raised a $620 million flagship fund despite a significant decline in funding for the B2B software sector this year. The fund will focus on backing startups at Series A and B, with initial investments ranging from $10 million to $40 million. Dawn Capital believes that the current funding downturn presents many opportunities, particularly in sectors like AI, digital assets, and cloud software, which are in their early stages and ripe for disruption.
Dawn Capital Raises Record $620m Flagship Fund to Back B2B Software Startups