San Francisco-based venture capital fund Thomvest Ventures has closed a new $250 million fund, increasing its total assets under management to $750 million. The firm also promoted Umesh Padval and Nima Wedlake to the role of Managing Directors. The new fund will enable Thomvest Ventures to invest in the next generation of companies in its core focus areas, including fintech, proptech, cybersecurity, and cloud and AI infrastructure.
Thomvest Ventures Announces New $250M Fund and Promotes Two to Leadership Team
