Three former Black Coral Capital partners launch Spring Lane Capital

Three partners from Boston-based venture firm Black Coral Capital are raising up to $400 million for an inaugural fund as partners of a new firm, Spring Lane Capital, according to a filing with the SEC. Rob Day, Christian Zabbal and Nikhil Garg are listed as partners in Spring Lane Capital, according to the filing from Monday. No investors are mentioned in the filing. Black Coral, which focused on the cleantech sector, is in the process of winding down, Axios reported.

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