Fiat Ventures combines venture and advisory divisions into new brand, raises $35M Fund II

Fiat Ventures merged its growth consultancy and venture arms into the new FGV Capital brand while launching a $35 million Fund II focused on fintech intersections with AI, healthcare, and commerce. The fund will invest $1-$1.5 million in at least 25 startups over two years, leveraging the combined advisory network to provide founders with go-to-market support and LPs with partnership opportunities.