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- Sierra Ventures Announces Fund XIII
Sierra Ventures Announces Fund XIII
4 VC Funds Raise Capital and 6 Firms are Hiring
Millet Gilmore
September 18, 2023
GM to all those funders and founders out there changing the world!
Several more funds have been announced this week, and per your request, I’m including a new section with VC job openings that were just dropped. 🫡
Now, let’s get into it!
Where’s that money? 💸
Six VC Firms hiring 👇
Where’s that money? 💸
San Francisco, CA | Seed and Series A | B2B Software
Sierra Ventures raised their 13th fund coming in at $265M. They will continue to stay the course, investing in early stage B2B founders reshaping the landscape of enterprise software, infrastructure, and groundbreaking technologies such as generative AI.
Southeast Asia | Early Stage | AI Enabled Technologies
500 Global announced a $143M fund to exclusively invest in Southeast Asian early-stage startups. They are reserving the capital to invest in AI-enabled technologies that advance rural digitization, sustainable cities, human and machine productivity, healthcare, food security and financial inclusivity. First checks will be $250K - $500K.
San Francisco, CA | Early Stage | Crypto
Founded in 2018, Electric Capital is seeking to raise its third fund at $300M. This is coming after a $1B second fund that was $400M for equity investments and $600M reserved for token only purchases.
London, UK | Early Stage | AI First Tech and Life Sciences
Air Street Capital, backed by Spotify CEO Daniel Ek, has closed a $121M second fund to continue investing in early-stage AI.
Who’s Hiring? 👇
Psst…firms that are expanding their investment team often are raising a new fund behind the scenes. So for the entrepreneurs that read this newsletter, you can still use this section to reach out to folks with drypowder.
Analyst | Toronto, Canada | Application
Associate | San Francisco, CA | Application
Investor | San Francisco, CA | Application
Investor | London, UK | Application
Investor | New York, NY | Application
Director | Boston, MA | Application
What did you think of this week’s email? If you have other suggestions on what you want included, comment on the website. 👇😊
Have a great week everyone!
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