Iris Dorbian
Fund I’s investors include emerging technology companies as well as institutional investors, foundations, endowments, family offices and strategic investors.
Ballast Equity Partners Fund I was anchored by the New Mexico Educational Retirement Board and the State of Wisconsin Investment Board, which each committed $30m.
Firm founder Jeff Clavier also announced he is taking a 'step back from day-to-day management,' with Andy McLoughlin now serving as Uncork's sole managing partner.
LPs include family offices of digital entrepreneurs, industrial investors and former executives from businesses such as Yahoo Marketplace and Prisma AI, the firm says.
Laube and Hamilton will provide strategic counsel to TTV Capital’s portfolio companies based on their experience scaling early-stage fintech companies.
Fund II raised 15% more than Fund I and the fundraising process appears to have taken just two months.
Venables is the former chief information security officer of Google Cloud.
In this new role, Cheatham will lead Breyer Capital’s efforts in early-stage healthcare and life sciences investing.
The VC firm targets businesses across fintech, health and commerce sectors in high-potential regions.
GIC led the round.