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VC giant B Capital raises $1.1 billion to fund growth-stage startups

B Capital Group – a venture capitalist headquartered in Singapore and in the US that specialises in investing in growth stage B2B and B2B2C startups – has recently raised $1.1 billion in its third global growth fund. The firm closed its first growth-stage fund at $360 million, and the second growth stage at $821.79 million. B Capital is known for its keen interest in investment in startups working in enterprise tech, fintech, healthcare, transportation and logistics.

This article has been summarised for quick read. The original article can be read on Deal Street Asia.