B Capital Closes $750M Opportunities Fund II Led By Eduardo Saverin

B Capital, the global investment firm co-founded by Facebook co-founder Eduardo Saverin, announced the closing of its second Opportunities Fund, raising a total of $750 million. The fund will focus on late-stage startups, particularly in sectors like technology, healthcare, and climate tech.

Summary of transaction details:

• Property Type: Fund
• Transaction Amount: $750,000,000
• Investor: Eduardo Saverin
• Company: B Capital
• Fund Name: B Capital Opportunities Fund II
• Focus: Late-stage startups in technology, healthcare, and climate tech

B Capital highlighted strong participation from both existing and new investors, emphasizing its commitment to backing the best founders in its portfolio and beyond. Eduardo Saverin, co-founder and co-CEO of B Capital, expressed optimism amid challenging market conditions, noting the firm's success in nearly doubling its available capital. Founded in 2015, B Capital manages over $6 billion in assets across various funds.