Renaissance Venture Capital Fund Creates Nation's Largest Network Fund, With $81 Million Fund III ANN ARBOR, Mich., May 16, 2018-- Renaissance Venture Capital Fund (Renaissance), Michigan's ground-breaking venture capital fund-of-funds, today announced the closing of its third fund, with $81 million of new capital. The innovative network fund is the largest of its kind in the United States, now with a total of $205 million raised since its inception in 2008. Renaissance Fund III leverages the same broad, diverse mix of corporate and institutional partners that defined Renaissance's previous funds.