Base10 Partners changes fund name, raises $83.8 mln

Base10 Partners has raised $83.8 million toward a $125 million target for its first fund, according to a regulatory filing. The fund, Base10 Partners I, was previously known as Urizen Early Stage Ventures II, and has secured commitments from 12 investors, according to the filing. The San Francisco firm is led by Adeyemi Ajao and TJ Nahigian. Base10 focuses on investing in companies working with automation and intelligent software, according to its website.

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