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Anthemis targets $200M for new fund after layoffs and canceled SPAC


Anthemis Group is trying to raise $200 million for a third fund, according to an SEC filing, as first reported by Axios. It has been in the market since last year and has so far secured commitments of just $36.4 million. The firm separately had to scrap plans to raise a SPAC late last month. 
Founded in 2010, London-based Anthemis is focused on financial technology (better known as fintech) — a sector which has been hard hit by the economic downturn and venture capital slowdown. The firm in late 2021 announced that it had raised $700 million in new funds in what a spokesperson described as “a collection of capital” it closed “across strategies” from its venture studio through to its venture growth fund. That collection of capital was dubbed Anthemis Venture Fund II.
The firm previously raised $106 million in its first venture fund in March of 2018; Anthemis had said it has $1.5 billion in assets under management altogether. 
TechCrunch has reached out to Anthemis about its attempts to raise capital for its third fund, and its dissolved SPAC, but had not yet heard back at the time of writing.
The new fundraising filing comes just months after Anthemis laid off 16 people, or 28% of its staff, as reported by TechCrunc …

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