This weekβs Moves in VC contains 10 Moves and 13 new fund announcements, compiled from 40+ sources.
ICYMI
π΅ βDan Abelon left his role as a Partner at Two Sigma Ventures to cofound a new VC firm.
βMore here ββ
EASTERN US
π Dave Fachetti joined Venture Guides as a Partner. Dave previously worked at BitSight Technologies as a Chief Strategy Officer and invested with Globespan Partners for 20 years, where he was a Managing Director. Venture Guides is an early-stage infrastructure software investment firm cofounded by alumni of Bain Capital Ventures.
βMore here ββ
π Kenneth Auchenberg joined Innovation Endeavors as a Partner and will be responsible for launching their NYC office. Kenneth previously worked at Alleycorp as a Partner. Innovation Endeavors is an early-stage venture capital firm.
π Robbie Frazelle started a new role as a Managing Director at Fireclay Ventures. Robbie previously worked at Query as a Creative Director. Fireclay Ventures is a venture capital firm backing pre-Series A founders.
βMore here ββ
LOOKING TO MAKE A MOVE YOURSELF?
| β New York City-based Remarkable Ventures is looking to hire a Senior Investment Associate. Check out the role here.** β New York City-based Entrepreneurs Roundtable Accelerator (ERA) is looking to hire a Program Manager. Check out the role here.** **These roles were sponsored by Remarkable Ventures and ERA. |
WESTERN US
π£ βGaurav Bhogale was promoted from Principal to Partner at Mantis Venture Capital. Mantis Venture Capital is an early-stage venture capital firm focusing on enterprise software, AI / ML, cloud and data infrastructure, healthtech, cybersecurity, gaming and other emerging technologies.
βMore here ββ
MIDWESTERN US
π’ βPeter Truwit left his role as a Partner at Seraph Group to start his own fund. Seraph Group is an early-stage venture capital firm focusing on technology startups.
βMore here ββ
SOUTHEASTERN US
π‘ βShelly Singh joined Peak XV Partners as an Operating Partner. Shelly previously worked at Fractal as a Chief Growth Officer. Peak XV Partners, formerly Sequoia Capital India and SEA, is a venture capital firm investing across India, Southeast Asia and beyond.
βπ‘ Anna Cotten stepped into the role of Head of Capital Formation at Persephoni Bio. Persephoni Bio is a biotechnology venture studio.
LATIN AMERICA
βͺ βTeresita Di Marco was promoted to Associate at The Yield Lab LATAM. The Yield Lab LATAM is an AgriFoodTech venture capital firm that invests in startups based in Latin America.
βMore here ββ
AUSTRALIA
π΅ βElicia McDonald stepped into the role of CEO at Airtree, while Craig Blair will be transitioning to Chair of the Investment Committee. Airtree is an early-stage venture capital firm backing Aussie and Kiwi founders.
βMore here ββ
CANADA
β« Sandra Castle transitioned to Platform and Projects Manager at Graphite Ventures. Graphite Ventures is a seed-stage venture capital firm that invests in B2B software and hardware companies across Canada.
βMore here ββ
NEW FUNDS
These firms are ready to write checks, with new funds recently closed.
π΄ San Francisco-based a16z launched its fifth $2.2B crypto fund.
π΄ New York-based Worldbuild, a solo GP firm founded by an a16z alum, raised its debut $30M fund.
π΄ Menlo Park-based Haun Ventures raised $1B to back crypto and blockchain startups. (Yes, another a16z alum!)
π΄ The Weekend Fund raised an undisclosed amount for its fourth fund.
π΄ Saudi Arabia-based Khwarizmi Ventures launched its second $70M fund to focus on early stage fintech, consumer tech, and AI startups.
π΄ San Francisco-based Wisdom Ventures closed its second $77.7M fund to invest in startups that utilize artificial intelligence for health, wellness, and mindfulness.
π΄ Tel Aviv-based AlphaDrive Ventures launched a $100M fund to back cybersecurity and AI startups.
π΄ London-based ArΔya Sie Fund raised $10.2M for its new fund to back female founders at pre-seed and seed stage across the UK and Europe.
π΄ Italy-based Indaco Venture Partners announced a new $21.8M fund to invest in life sciences and biotech startups in Lombardy.
π΄ Santa Monica-based Griffin Gaming Partners launched a new $100M fund to support “world-class indie games.”
π΄ New York-based Kalos Ventures closed its debut $78.8M fund to back early stage technology companies addressing critical infrastructure needs across the workforce, care, and education.
π΄ San Francisco-based A* closed its third $450M early stage fund.
π΄ Vancouver-based Top Down Ventures closed its $28M Founders Fund I to back early stage Managed Service Provider software and AI companies.
FOR EMERGING MANAGERS
βͺ Looking for candid insights and lessons from todayβs Emerging Managers? Check out our Emerging Manager Spotlight series and learn from LPs and GPs building the next wave of venture firms.β
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Stay tuned for next week’s Moves in VC!
