Robinhood Ventures Fund II prices IPO at $25 per share, raising $200 million

Robinhood Ventures Fund II (RVII) priced 8.0 million shares at $25 each, raising $200 million gross, for a listing on the NYSE. The business development company plans to invest mainly in early-stage and growth-stage private companies, with a focus on current or former Y Combinator participants. It is the second fund in Robinhood's private-markets line.

• 8.0 million shares offered at $25 per share
• Gross proceeds $200 million
• Listing on the NYSE under RVII
• Focus on Y Combinator participants among early-stage and growth-stage private companies