4DX wraps up raise for venture firm’s oversubscribed second fund

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4DX Ventures wrapped up fundraising for the venture firm’s second fund in mid-December, garnering 20% more capital than had been originally planned. Investor interest in the fund proved very high, leading to an oversubscribed final close which sees the fund winning a total of $60 million in commitments, a $10 million jump on its original final close goal.

While the LPs involved have not been named, the fund’s backers come from a wide range of institutions and reportedly include family offices, hedge funds, U.S.-based asset managers, a university endowment, as well as high net worth individuals from the technology venture capital ecosystem such as tech entrepreneurs and private equity and venture capital professionals.

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