Ascent Fund supports dynamic founders around the world committed to transforming traditional industries and changing the way people live
B Capital, a global multi-stage investment firm, announced the $250 million close of Ascent Fund II its first dedicated early-stage fund.
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B Capital’s core mission is to partner with extraordinary entrepreneurs to shape the future through technology. Ascent invests in pre-seed through series A rounds globally, with an emphasis on the U.S. and Asia.
The Ascent team was founded by Chair and General Partner Howard Morgan, firm Co-Founder and Managing Partner Eduardo Saverin, General Partners Gabe Greenbaum and Karen Page, and Partner Karan Mohla. Leveraging their decades of experience as active partners of early-stage companies, they target founders leading the next wave of innovation across digital healthcare, enterprise software, fintech and logistics, among other growing industries.
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“Forty years of investing has taught me that early-stage founders have the best view of where the market is heading,” said Mr. Morgan. “Ascent allows us to work with these entrepreneurs to build great companies ahead of the curve.”
B Capital supports the growth of its portfolio companies through a range of value-added services and expertise. Its strategic partnership with Boston Consulting Group (BCG) enables B Capital to connect its portfolio companies to a global network of business leaders eager to partner with emerging technologies.
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