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Battery Ventures, a well-established venture capital firm, is seeking to raise $3.2 billion for its latest flagship fund. The firm has a strong track record in the tech industry, with notable investments in companies like Twilio, Nutanix, and Airbnb. Battery Ventures has been actively investing in various sectors, including software, cloud infrastructure, and cybersecurity. The new fund is expected to continue the firm's focus on supporting innovative startups in these areas.

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