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Pretiosum Ventures Reaches First Close on Fund II for Infrastructure Startups

Pretiosum Ventures reached the first close of Fund II, TechCrunch reported in August 2023. The amount raised at that close and the fund’s final size were not disclosed.
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Pretiosum Ventures reached the first close of its second fund, TechCrunch reported on August 9, 2023. The report said the fund could eventually be a $20 million vehicle, but did not disclose how much was secured at the first close. The available sources also do not establish the fund’s final size or whether it later reached a final close.

What was reported about Pretiosum Ventures’ Fund II?

TechCrunch reported that London-based Pretiosum Ventures had reached the first close of its second fund. The report described the fund as focused on infrastructure startups, including enterprise SaaS, fintech and Web3. TechCrunch’s August 9, 2023 report is the source for the announcement and its historical fund details.

How much did Pretiosum raise?

The actual amount secured at the first close was not disclosed in the reviewed sources. TechCrunch said the fund could eventually be $20 million, qualifying that figure as its understanding; it is not a reported first-close amount or confirmed final fund size. The sources do not establish whether Fund II later reached a final close. Pretiosum’s current website describes its investment thesis but does not confirm the fund’s fundraising outcome.

What did the fund invest in?

The 2023 article described the strategy as investing in infrastructure startups, including enterprise SaaS, fintech and Web3. It identified pre-seed and seed as the main stages, with occasional Series A investments, and reported typical checks of $250,000–$500,000. Those are details of the fund as described in that historical report, not confirmation of current terms.

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Pretiosum’s current public thesis puts the emphasis on software businesses depend on and enterprise sales support: “We back exceptional early-stage founders building software other companies depend on, and help them win enterprise customers faster.” Pretiosum Ventures’ website presents this as the firm’s investment thesis; it does not establish Fund II’s size, close status or terms.

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Who founded Pretiosum Ventures?

TechCrunch reported that Yana Abramova founded Pretiosum Ventures in London in 2019 and described it as a solo-GP firm. The article also named Cherry Ventures, Greycroft, Seedcamp, IQ Capital and Y Combinator as co-investment partners. These are historical details reported in 2023 and should not be read as a complete or current account of the firm’s team or relationships.

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