VC firm 3one4 Capital raises $200 mn in fourth early-stage fund

Venture capital (VC) firm 3one4 Capital has closed its fourth early-stage fund with $200 million. It managed to close the fund in two-and-a-half months since its launch, despite weak market sentiment, Founding Partner and Chief Investment Officer Pranav Pai said. It got its fund oversubscribed to $250 million but decided to maintain the fund's intended size.