Primary Venture Capital raises $150M third fund to back NYC startups – TechCrunch
Primary Venture Partners raises $150M third fund to back NYC startups Primary Venture Partners, a firm focused exclusively on investing in New York-area startups, has raised $150 million in its third fund for seed investments (its largest so far), as well as $50 million for its second Select fund (used to participate in later-stage rounds). The firm’s portfolio includes New York success stories like Jet.com (acquired by Walmart for $3.3 billion), Mirror (acquired by Lululemon for $500 million) and Latch (which is planning to go public via SPAC). And the firm has doubled down on its associa...