The
new fund, S Capital II, will bring its total committed capital
to $270 million since its establishment in 2018.
S Capital II, the firm said, will invest in a range of sectors
including insurance and financial technology, machine learning,
artificial intelligence, enterprise software, cybersecurity and
information technology.
S Capital’s first fund has invested in nearly a dozen startups.
(Reporting by Steven Scheer; Editing by Tova Cohen)
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