Linse Capital Raises $700M To Back Industrial Technology Companies
Linse Capital, a San Juan, Puerto Rico-based growth equity firm, raised $700m to back industrial technology companies. The capital will be allocated across its flagship fund – Linse Capital Fund I (LCFI) – alongside two co-investment vehicles for portfolio companies Skydio and Verkada. LCFI will invest in a select group of new companies per year, investing between $100m and $400m in each business. The firm aims to become the largest or one of the largest shareholders at exit. Investment areas include four sectors: transportation, energy, logistics and real estate.