Fiat Ventures rebrands, merges divisions, and closes $35M second fund

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Fiat Ventures has rebranded as FGV, combining its venture capital and advisory divisions under a single unified entity. The firm simultaneously announced the close of its $35 million Fund II, marking a significant capital milestone. The move reflects FGV's strategy to differentiate itself in a competitive fundraising landscape where emerging managers face growing challenges attracting limited partners. By integrating its advisory capabilities with its investment arm, FGV aims to offer a distinct value proposition to both LPs and portfolio companies.

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