Mudita reports completed first-fund raise

Mudita Venture Partners announced that it had completed an oversubscribed $40 million fundraise and made 15 new investments during 2023. The release described its focus on early-stage software businesses and named investments including K1x, BlastPoint, Amplify Publishing Group, Trajektory, Screencastify, HiLink, RiseKit and Trellis. It also described an expanded team footprint across several US cities and the firm's company-building studio. The amount is a fundraising result rather than manager assets under management. The publication date is March 11, 2024; the announcement does not provide an exact final-close day or an explicit ISO currency code for the dollar-denominated figure.