News Briefs

Lance Armstrong’s Next Ventures collects $32.5m for $75m-targeted fund

Next Ventures, an Austin-based venture firm focused on the health, wellness and nutrition markets, has raised over $32.5 million for its new fund, according to an SEC filing.

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Next Ventures, an Austin-based venture firm focused on the health, wellness and nutrition markets, has raised over $32.5 million for its new fund, according to an SEC filing. The target is $75 million. Next Ventures was founded by Lance Armstrong and Lionel Conacher.

Source: SEC filing