Venture debt firm Stride Ventures closes third fund at $165-M

Venture debt firm Stride Ventures has closed its third fund at USD 165 million, about a year after it announced the first close of the same fund.The fund has garnered support from insurance companies, family offices, corporate treasuries and high net-worth individuals (HNIs).The fund focuses on consumer brands, financial services and cleantech sectors. The companies in the Fund III portfolio include BlueStone, Moneyview, Moove, Foxtale, CureSkin, NewMe, Nat Habit and AgroStar.