B Capital
 | |
| Type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 2015 |
| Founders |
|
| Headquarters | Manhattan Beach, Los Angeles County, California, U.S. |
Key people | Howard L. Morgan (Chairman) |
| AUM | US$9.0 billion (2026) |
Number of employees | 250+ (2026) |
| Website | |
| Footnotes [1] | |
B Capital is an American venture capital firm, headquartered in Manhattan Beach, California. The firm has a strategic partnership with the Boston Consulting Group (BCG).
Outside the United States, B Capital has offices in Doha, Hong Kong and Singapore.[2]
History
[edit]B Capital was founded in 2015 by Facebook co-founder Eduardo Saverin and Raj Ganguly. Saverin had worked with Ganguly since 2012 where they met in Singapore due to mutual acquaintances from Harvard University. From inception, the firm took a multinational approach to investing rather than starting locally. While Ganguly oversaw more of the day-to-day management, Saverin focused on investments especially those in Southeast Asia and India.[3]
B Capital partnered with BCG which allowed its portfolio companies access to BCG's advice and clients. BCG as a passive investor in B Capital would only provide consulting advice when founders ask.[3]
In May 2016, B Capital raised more than $143.6 million in its first fund, after having already invested in Ninja Van and Evidation Health.[4]
In 2017, First Round Capital co-founder Howard L. Morgan came out of retirement to become chairman of B Capital.[3]
In April 2021, B Capital expanded its investment scope into China and hired a former SoftBank Vision Fund partner to lead its China team, despite the Chinese government launching a regulatory campaign on technology companies.[5]
In July 2022, B Capital raised $250 million for its first early-stage venture fund, Ascent Fund. Prior to that B Capital had allocated most of its capital toward later-stage companies.[6]
In March 2023, B Capital had raised $500 million for its first healthcare-only fund.[7] In March 2024, B Capital raised $750 million to fund and invest in late stage startups.[8]
As of 2026, the firm has invested $60 million in three startups: industrial robot developer Eureka Robotics, Ninja Van and automation software developer MoEngage.[9]
See also
[edit]References
[edit]- ↑ "Form ADV" (PDF). SEC. Archived (PDF) from the original on December 4, 2024. Retrieved November 30, 2024.
- ↑ "Contact - B Capital". B Capital. Retrieved May 5, 2026.
- 1 2 3 Konrad, Alex (May 19, 2019). "Life After Facebook: The Untold Story Of Billionaire Eduardo Saverin's Highly Networked Venture Firm". Forbes. Archived from the original on March 4, 2020. Retrieved November 30, 2024.
- ↑ Purnell, Newley (May 19, 2016). "Facebook Co-Founder Saverin's Venture-Capital Firm Raises $143.6 Million". Wall Street Journal.
- ↑ Lee, Yoolim (March 31, 2021). "Saverin's Venture Firm Enters China With Ex-SoftBank Partner". Bloomberg News. Archived from the original on September 2, 2022. Retrieved November 30, 2024.
- ↑ Ellen, Huet (July 19, 2022). "Eduardo Saverin's B Capital Raises Its First Early-Stage VC Fund". Bloomberg News. Retrieved November 30, 2024.
- ↑ Gormley, Brian (March 1, 2023). "Venture Investor B Capital Raises First Healthcare Fund". Wall Street Journal. Archived from the original on May 8, 2023. Retrieved November 30, 2024.
- ↑ Rosendar, Yessar. "Billionaire Eduardo Saverin's B Capital Raises $750 Million To Fund Late Stage Startups".
- ↑ Kang, John (May 27, 2026). "Meet The Fintech Founders And Investors Of The 30 Under 30 Asia 2026 List". Forbes.
