February 16 - 14:02
Ironspring Ventures raises $61m to invest in industrial tech
A new fund has launched in the U.S. which will invest heavily in industrial tech. Ironspring Ventures has raised $61m over a two-year period. It will focus its investments in Texas. The VC already has four companies on its books: Mercado, Icon Build, Fast Radius and GoContractor. It says investments will range from $1m to $4m, and that it is looking for tech that improves product design and build.
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