TLDR:
– Revo Capital, based in Turkey, with 16 exits, is planning to raise a bigger Fund III.
– LPs from Fund I and II, including International Finance Corporation and European Investment Fund, have committed to Fund III.
Article Summary:
Revo Capital, a venture capital firm based in Turkey, is looking to raise a larger Fund III following the success of its previous funds which have resulted in 16 successful exits. LPs from Fund I and II, such as the International Finance Corporation, German development bank DEG, European Investment Fund, and the European Bank for Reconstruction and Development, have already committed to Fund III, showcasing confidence in Revo Capital’s investment strategy. With a focus on the Middle East region, Revo Capital aims to continue investing in emerging managers and growing companies in the technology sector. The firm’s track record of successful exits and the support from key LPs indicate a promising future for Fund III.
