GoKawiilFiat Ventures merges advisory and VC arms into FGV Capital, closes $35M Fund II
Fiat Ventures announced it is unifying its growth consultancy, previously known as Fiat Growth, with its venture investing arm under one new brand called FGV Capital. Alongside the rebrand, the firm closed a $35 million second fund focused on fintech's overlap with AI, healthcare and commerce, backed by LPs including Reinsurance Group of America, MassMutual and Bank of America. General partners Marcos Fernandez and Drew Glover said the two businesses will remain operationally separate despite sharing a brand.