Asenquav Ventures Announce Raising $125 Million For Fund IV
The technology investment firm, Asenqua Ventures announced today that they have closed their fourth investment fund, raising $125 million. The company looks to use these funds to reinvest in capital efficient companies with a minimum revenue of $10 million and are in the following product niches semiconductors, display technology, software, medical technology, wireless communications, and Internet infrastructure, cloud computing, ecommerce and networking.
Asenqua has a proven track record in nurturing early-stage capital efficient startups to extensive growth with strong exits. The managing directors of Asenqua Steve Ross and Dr. Jason Yi are using the $125 million in IV funding to aggressively invest in new opportunities.
Managing Director Steve Ross had this to say about the successful IV Funding
We are at a stage where we believe we can take more companies to the next level of growth. The success of our IV funding is a testament to our abilities in helping capital efficient companies in the technology sector become self-sufficient. I look forward to personally meeting up and coming entrepreneurs and helping make their dreams a reality.
Managing Director Dr. Jason Yi had this follow up to Steve Ross
We created an investment model for fund IV that netted huge investments, going forward to later funding we will use similar investment model that puts emphasis on seed, Series A and Series B investments. Our knowledge in the technology field and the capital resources we now have will give future entrepreneur partners the opportunity for maximum growth.
Asenqua Ventures is a privately held venture capital firm based in San Rafael, CA that invests in early-stage emerging technologies and innovative business solutions. Asenqua Ventures is known for its experiencd investment team and proven ‘hands on’ entrepreneurial approach. Asenqua Ventures also invests in scalable middle market companies with potential for growth.
Asenqua has raised over $700 Million in capital and has provided funding to over 100 companies since its inception.
If you would like more information about this Asenqua Ventures or would like to learn more about getting your company invested in, please contact Steven Adler at 415-325-5781 or email at contact(at)asenquavc(dot)com
Company: Asenqua Ventures
Address: San Rafael, California, United States