The venture capital firm’s inaugural early-stage fund, Crane I, has reached its $90m hard cap with contributions from LPs including MassMutual Ventures, with which it has established a strategic alliance.

MassMutual Ventures, insurance firm Massachusetts Mutual Life Insurance’s corporate venturing arm, is among the limited partners (LPs) that have helped UK-based venture capital firm Crane Venture Partners close its first fund at $90m. The Crane I seed fund attained its final close on Tuesday, following commitments from the UK government-backed British Patient Capital, along with…

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