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Revolut supporter Lakestar completes $265 million financing.
Odaily News Lakestar, a European venture capital firm that previously invested in Spotify and Revolut, announced that it has completed a $265 million financing round, with secondary market specialists Lexington Partners, Industry Ventures, and Performance Equity Management serving as anchor investors. This oversubscribed fund allows Lakestar to transfer equity from four existing funds to the new fund, thereby extending the holding period for portfolio companies while providing liquidity for limited partners wishing to exit. (Techfundingnews)