Washington, DC – July 31, 2024 – Cooley advised Blue Delta Capital Partners, a Tysons, Virginia-based venture capital firm, on its oversubscribed $250 million fourth fund. The Blue Delta Capital Partners Fund IV will allow Blue Delta to continue to scale the firm’s clear and proven track record of success in the US federal government services sector, providing growth-stage venture capital investments to top companies in the sector ($15 million to $50 million equity investments for noncontrolling ownership positions).
Partners Aaron Velli and Katelyn Kimber led the Cooley team advising Blue Delta.
Cooley previously advised Blue Delta on its $215 million third fund in December 2021.
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