Foundry Group is shutting down and won’t raise another fund

TechCrunch
By Mary Ann AzevedoFeb 13, 2024, 6:56 pm168 pts
Foundry Group, an 18-year-old venture firm with nearly $3.5 billion in assets under management, has quietly decided to shut down and not raise any more funds. The move was unexpected considering that the firm announced a $500 million fund last year. Boulder, Colorado-based Foundry first announced that its…

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