US micro-funds play to their strengths in 2021

Micro-funds—venture investment vehicles that raise $50 million or less—collected nearly $5 billion across a record 339 US funds in 2021, according to PitchBook data.

These funds offer unique benefits to the VC industry that cannot be easily replicated by larger funds—such as enabling firms to take risks on young companies operating pre-product and diversify their portfolios on both a geographic and sector basis. READ MORE