⚡️ Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund Tacora Capital, a venture debt firm backed by Peter Thiel, has raised $268.7 million for its second fund. This follows an inaugural fund that raised about $350 million in 2022, which included a significant investment from Thiel. While it’s unclear if Thiel participated in this latest round, Tacora’s CEO, Keri Findley, noted the new fund aims to address demand for flexible financing solutions. Tacora specializes in providing loans to startups, particularly in capital-intensive sectors like fintech and hardware, allowing founders to secure funding without diluting equity. The firm focuses on lending against strong assets to mitigate the risks associated with venture debt. 💬 Source 📌 Powered by V3V Ventures