Canva-Backer FPV Ventures Raises New $525 Million Fund
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Wesley Chan, a former investor at Felicis Ventures, has raised a new venture capital fund along with Morgan Stanley alum Pegah Ebrahimi — bringing in $525 million for the second investment vehicle at their firm, FPV Ventures.
Founded in 2022, FPV is a relatively new entrant in the VC world, and bets mostly on early-stage startups. The firm raised its first fund, of $450 million, three years ago.