Magnify Ventures closes $46.6M Fund II with backing from Pivotal Ventures

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Early-stage investment firm Magnify Ventures has successfully raised a $46.6 million second fund. Among the limited partners contributing to Fund II is Pivotal Ventures, the venture firm founded by Melinda French Gates. The fundraise marks a significant milestone for Magnify Ventures as it scales its investment activities. The capital will support the firm's continued focus on early-stage companies.

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