Chicago-based Valor Equity Partners, which has invested in tech companies ranging from Elon Musk’s SpaceX to Chicago A.I. startup Catalytic, announced that it has raised $1.05 billion for its Fund IV.
The fund will target investments ranging from $25 million to $75 million, the firm says. Last year, Valor reported in a Form D filing that it was only looking to raise three quarters of a billion dollars for Fund IV, which is now substantially higher than the firm’s third fund that closed…
