Primary Venture Partners raises $200M across two new funds

Primary Venture Partners, which targets seed-stage startups based in New York, has raised $150 million for its third core seed fund. The firm has also collected $50 million for its second opportunities fund, which will make Series B and late-stage investments in existing portfolio companies. The firm has previously backed telehealth startup K Health and Alloy, the creator of an identity verification platform.

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