Vine Ventures: Closes Fund II, At $140M

Vine Ventures Closes Fund II, At $140M

• Vine Ventures, a New York City-based early stage venture capital firm, closed its Fund II, at USD140M
• The new fund received commitments from some of the world’s leading technology investors, founders, pension funds, and endowments
• Co-founded by Eric Reiner and Dan Povitsky, Vine leads the earliest financing rounds of technology companies, investing $1 million to $10 million as a first check
• The addition of Fund II brings the firm’s total assets under management to $243 million
• The firm also announced the opening of two offices: NYC (Flatiron) and Tel Aviv (Sarona Market)