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Discover LudwigThe phrase "a second fund of" is correct and usable in written English.
It can be used when referring to an additional source or reserve of something, often in financial or resource contexts.
Example: "The company decided to establish a second fund of capital to support its expansion plans."
Alternatives: "an additional pool of" or "a supplementary source of".
Exact(8)
It's now raising a second fund of $250 million.
Xfund, the investment firm based at Harvard, has closed a second fund of $100 million.
Earlier this year the firm announced that it was raising a second fund of $50 million.
Primary Venture Partners, a seed firm that invests exclusively in New York City startups, has raised a second fund of $100 million.
A source told Forbes at the time that B Capital would look to raise a second fund of approximately twice the size of its first later in 2019.
Lonsdale, for his part, has certainly shied away from the media, and has been building up 8VC, nailing a second fund of $640 million earlier this year.
Similar(52)
The first funding, $36.5 million, was received last June and a second funding of $10 million was completed Oct. 1.
A third fund of €2.9m will be used to establish a new European Data Science Academy (EDSA) using e-learning technologies to create a new pan-European portal for analysing data and educating data scientists.
And they've raised a first fund of $122 million to make those investments.
Earlier this month, Foundry Group announced that it had raised a third fund of $225 million for investing in early-stage tech startups based in North America.
That would be Vox Capital, an early-stage investor which made its first impact investments in 2009, closed a first fund of $40 million in 2012.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com