- Drypowder
- Posts
- NBA Superstar, Andre Iguodala, Raises $200M VC Fund
NBA Superstar, Andre Iguodala, Raises $200M VC Fund
Find funding for your startup. Mosaic General Partnership, Shield Capital, Syn Ventures, RevRoad Capital, Breega, and 6 firms hiring
GM everybody. There’s been more action with several new funds being announced this week. Along with these new funds, prominent firms like a16z are hiring.
Read Time ~5 min
Where’s that money? 💸

United States | Pre-seed to Series A | Software, Fintech, Sports
NBA superstar Andre Iguodala is retiring and transitioning to lead Mosaic, a $200 million venture capital fund. While this is a new chapter for Iguodala, he is no rookie to early-stage investing. He has put money towards notable startups such as Allbirds, Hims, Coinbase, Carta, and Zoom.

United States | Pre-seed to Series A | Security
Shield Capital, a defense technology-focused venture firm, has exceeded its target by raising $186 million for its inaugural fund. The fund supports early-stage startups with scalable technologies in national security and commercial markets. Managed by industry experts, the firm's portfolio spans AI, autonomy, cybersecurity, and space technologies.

United States and Israel | Seed | Security
The firm closed a $75 million seed fund, its third cybersecurity fund in three years. The firm is led by Dropbox and Blackstone veterans: Art Coviello, Jay Leek, and Patrick Heim.

United States | Seed | Sector Agnostic
The seed stage firm closed its first fund at $61M. Revroad focuses on investing in U.S. founders across diverse sectors like electric vehicles, artificial intelligence, SaaS, and manufacturing.

Europe | Seed | Sector Agnostic
Paris-based venture capital firm Breega has launched its "Europe Seed III" fund with a minimum target of $150 million. Building on the success of their previous funds, they will continue to support early-stage startups across Europe.
Who’s Hiring? 😎
Psst…firms expanding their investment team are often raising a new fund behind the scenes. 💰
Andreesen Horowitz - Life Sciences Role
Partner | Menlo Park, CA | Application
Capital 49- Fintech, Ecommerce, AI
Investor | San Francisco, CA | Application
Propel VC- Financial Services
Investor | San Francisco, CA | Application
Eniac Ventures- Seed, Technical Role
Investor | New York City, NY | Application
Galaxy Digital- Crypto
Principal | New York City, NY | Application
Ridge Ventures - Enterprise Software
Analyst | San Francisco, CA | Application
Firms that raised capital in the past few weeks.
October 9th- Greylock, Visa Ventures, At One Ventures…
October 2nd- Luge Capital, Anzu Partners, Microsoft, Techstars…
September 25th- Blockchain Capital, Plug and Play, EJF Ventures…
September 18th- Sierra Ventures, 500 Global, Electric Capital…
If you know someone who might benefit from these updates, share this link so they can sign up! 👇😊
Cheers! 🥂 Have a great week.
Reply