FinTech news in deep tech category

Cantos just closed its third fund to invest in science-forward companies at the pre-seed and seed stages to ‘improve billions of lives and saving the planet.’ Cantos 3 is focusing on pre-seed and seed-stage investments in deeply technical climate, TechBio, aerospace and next-gen computing startups. — building real shit in the real world is probably more impactful than software in many cases, but venture capital was basically scared away from it. Rountree took a deeper look at the sector, and where others saw risk, he saw opportunity.

The latest close marks the first time that BAI Capital has brought in external limited partners, including sovereign wealth funds, large insurance companies, internet giants, funds of funds, on top of capital from its parent Bertelsmann.