
May 27, 2022
Dallas Venture Capital LLC (“DVC”) announces closing of $80 million early-stage B2B SaaS Fund II in the US
DVC today announced the closing of an oversubscribed $80 million fund (the target amount was $75 million) and is set to become one of the largest technology focused funds to operate out of Dallas, Texas, USA. DVC is also currently raising a separate fund in India, DVC India Fund 1, to provide opportunities to Indian investors and has raised $20 million of its $50 million target. DVC US Fund II plans to invest alongside its $50 million India fund, making it a true cross-border venture capital fund that is poised to bootstrap two large start-up ecosystems in the US and India.