VC Voyager Capital’s 5th Fund Raises $100 Million

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Voyager Capital announced it has raised $100 million to launch a new fund that will help grow tech startups in northeast United States.

The Seattle based venture capital firm says it raised the money for its fifth fund to power first-round investments in business to business (B2B) startups focused on cloud infrastructure, SaaS (software as a service), financial, media and agriculture tech based startups. These ventures will be located in Washington state, Oregon, Western Canada and others in the Cascadia market.

Cascadia is exploding with growth but underserved by venture capital,” said Bill McAleer, Founder and Managing Director of Voyager Capital, in a statement. “Seen as one of the most active early-stage startup locations in the country, this region is leading the major trends in computing, creating significant investment opportunities with exceptional outcomes at sub-unicorn valuations.”

Since it was launched in 1997, Voyager Capital has helped launch several tech startups in the Pacific Northeast, such as Bluebox, Chargepoint, MakeTV, and Wellness FX. It currently has $520 million under management.

Image source: Voyager Capital/Cision