MassMutual Ventures closes $300M fund to back Asia and Europe startups

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MassMutual Ventures (MMV) has launched a $300 million new fund to back early-stage companies in Asia and Europe. The MMV Asia and Europe team’s third vehicle will invest in startups across digital health, financial technology, enterprise SaaS and cybersecurity, managing director of MMV Ryan Collins said in an interview with TechCrunch. The third fund will write checks pre-Series A through Series B across Asia countries like India, Singapore, Indonesia and Australia (but excluding China) and Europe countries, including the U.K, Germany, France and Sweden, Collins said adding that the third fund can also invest in South Korea and Japan opportunistically.

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