M&A M&A
Neon launches $25-M B2B SaaS fund
Source INC42 (opens in a new tab)
Hosts of the 100x Entrepreneur podcast, Siddhartha Ahluwalia and Nansi Mishra, have launched a USD 25 million fund, titled Neon, to invest in B2B (business-to-business) SaaS startups.
Prior to Neon, the podcasters had launched 100x Entrepreneur, a USD 10 million fund, aimed at supporting B2B startups. The fund has so far invested in over 40 startups.