Facebook cofounder’s B Capital Group closes first VC fund at $360 million

B Capital Group, the venture capital (VC) firm set up by Facebook cofounder Eduardo Saverin, has announced the closure of a new $360 million fund aimed at bringing a “global-first mentality” to investing.
Founded by Saverin and Raj Ganguly in 2015, B Capital Group focuses on startups across health care, fintech, and industrial sectors, among others. The company said that its first fund had “substantially exceeded” its original target, and it has already made a number of i