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Paloma Capital raising second fund to back local startups

The VC arm of Paloma Ventures, the largest venture studio in Australasia, wants to back more local startups.

Paloma Ventures co-founder Ash Fogelberg.

Paloma Capital, the VC arm of Kiwi-founded venture studio Paloma Ventures, is raising A$25 million in a second fund to target high-growth technology companies.

Paloma, formerly called Dovetail Ventures, was founded in 2014 by Nick Frandsen and Ash Fogelberg.

Their first fund, which raised A$10m from

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Fiona Rotherham Thu, 24 Oct 2024
Contact the Writer: fiona@nbr.co.nz
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Paloma Capital raising second fund to back local startups
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