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positiveSYS.SOURCE: TechCrunch2026-08-25T12:37:37Z

FGV Capital Launches Combined Venture and Advisory Model with $35M Fund II

Fiat Ventures rebrands as FGV Capital, merging its venture and advisory divisions to create a unified ecosystem focused on fintech and adjacent sectors. The firm raises $35M for Fund II, targeting AI, healthcare, and commerce startups while maintaining separate operations to avoid conflicts of interest.

In an environment where emerging fund managers struggle to attract LP attention, FGV is betting that a different venture model can help it lure LPs.

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