Peter T.’s Post

"Tamarack Global, early stage deep-tech venture capital fund... announced close of $72M for its Opportunities II fund, which closed earlier this summer.  The Opportunities II fund is more than twice the size of its flagship fund, bringing the firm's total AUM to over $211M. The Opportunities II fund consists of global investors who are seeking long-term investments in transformative companies. "Since our inception, we believed that the greatest compounding effect that we can have has been helping others to succeed. Our Opportunities I fund was launched with the aim of identifying visionary founders who were focused on building generational companies, while going after the largest end-markets in the world. We are delighted to close on Opportunities II, which will invest in solutions that solve the most pressing problems we face as a society today," said John McCormick, founder and managing partner at Tamarack Global. ... "Short-term volatility should not create drastic shifts in investment strategy, and instead can open new markets and foster innovation," said Jamie Lee, managing partner at Tamarack Global. "As technological shifts continue to accelerate with rapid advancements in AI & ML—and the subsequent collapse of cost-curves within digital and physical industries—we remain steadfast in our focus on atoms & bits and founders who are driving change in their respective industries. We believe this will lead to some of the biggest opportunities on (and off) Earth and will continue to represent a massive opportunity for us and our investors." Tamarack's Opportunities I fund, formed in 2019, raised $31.3M and invested an additional $55M alongside the fund via co-investments. Fund I invested in a portfolio of early seed and Series A companies, adding in break-out follow-on rounds in companies across the energy transition, defense-tech, the space economy, robotics & automation, AI, and more. Fund II will follow a similar strategy. "Tamarack Global is one of a handful of under the radar funds that are truly backing deep tech and highly ambitious founders out to change the world," said technology entrepreneur and founder/CEO of Figure, Brett Adcock." " Extracted Press release PR Newswire

As shared on DealStreetAsia – our upcoming CM (Carbon Mitigation) Evergreen Fund will be launched soon. #carbonremoval #carbonemissions #carboncredit #carbonmarkets #carbonneutrality #cleanenergy

Do you know that the regulations governing who can invest in venture capital funds and early-stage technology startups are changing? Sure, it can be a slow and arduous process but you might as well start figuring out where things are heading because progress is taking place and the changes may happen within the next year or so. The new rules will make investing in startups and venture funds more accessible to many people who previously could not make such investments. In this blog post I outline why the Rolling Fund structure created by AngelList is particularly convenient for individual investors who are new to the asset class. #VentureCapital #Startups #RollingFunds #EmergingManagers

5 Key Differences Between an Angel Group and a Venture fund. As an Angel Investor and a Limited Partner in many Venture Funds, I often get asked about the differences between these two investment vehicles. Here are the five key differences you need to know: 1. Source of Capital: Angel Group: Typically consists of individual investors (angels) who pool their money to invest in startups. These angels are often high-net-worth individuals investing their own personal funds. Venture Fund: Managed by a professional investment firm, a venture fund pools capital from various sources, including institutional investors, corporations, and high-net-worth individuals, to invest in startups. 2. Investment Size: Angel Group: Generally, makes smaller investments compared to venture funds. Individual investments from angels can range from tens of thousands to a few hundred thousand dollars. Venture Fund: Usually makes larger investments, often ranging from a few hundred thousand to several million dollars, due to the larger pool of capital available. 3. Stage of Investment: Angel Group: Often invests in early-stage startups, including seed and pre-seed stages. Angels are typically willing to take higher risks on less mature companies. Venture Fund: May invest in a range of stages, from seed to growth stages, but often focuses on later-stage startups compared to angel groups, looking for more established companies with proven business models. 4. Decision-Making Process: Angel Group: Investment decisions are typically made collectively by the group's members. Each angel may conduct their own due diligence and then come together to decide whether to invest. Venture Fund: Decisions are made by a team of professional managers (general partners) who conduct extensive due diligence and have a formal investment committee process. 5. Level of Involvement: Angel Group: Angels often provide more than just capital; they may offer mentorship, industry connections, and hands-on support to the startups they invest in. The relationship can be more personal and involved. Venture Fund: While venture funds also offer support and strategic guidance, their involvement is usually more structured and formalized. The relationship is often more professional, with defined expectations and oversight. If you found this useful, follow me on Linkedin, Twitter, and Instagram for more exponential growth and investing insights. For funding, investment opportunities and more, please follow Angeles Investors! #AngelInvesting #VentureFund #StartupInvesting #Entrepreneurship #InvestingTips

Discover the surge in venture capital investments set to rocket to US$1,310.8 billion by 2032, fueled by the booming startup scene and digital innovation trends. #VentureCapital #MarketGrowth #Innovation #Startups

"Unlike real estate agencies, venture capital firms make money regardless of their results. Over the life of a ten-year fund, the VC firm collects a total of around 15% of the fund’s size in management fees, at a rate of 2% a year during the first five years and 1% afterward. From a typical $100-million fund, for example, the VC firm collects $15 million in management fees." https://lnkd.in/gdZGqbnv Superb, insightful post by AI expert and author Emmanuel Maggiori on the questionable character of much of what's going on in the contemporary venture capital and startup scene. This Charlie Munger quote alone makes it worth a read: "Back in 2000, venture-capital funds raised $100 billion and put it into Internet startups — $100 billion! They would have been better off taking at least $50 billion of it, putting it into bushel baskets and lighting it on fire with an acetylene torch. That’s the kind of madness you get with fee-driven investment management. ***Everyone wants to be an investment manager, raise the maximum amount of money, trade like mad with one another, and then just scrape the fees off the top***." (emphasis mine) See https://lnkd.in/gMAnjbYZ for more excellent observations on the interesting times we are living through at the moment.

Yet another excellent example for misaligned incentives (alias cobra effect). There are exceptions out there doing great work, without doubt. But at the system level the whole game is not only detrimental for LPs (fund investors): Moreover it is highly non-ergodic for #founders who are facing outsized risks of failure due to these dynamics. Often unnecessarily so: unless your business model really yields exponential growth (stop bullshitting yourself!) you're probably better off with other capital sources. Keep that in mind when raising for a venture.

Forté Ventures is a multi-stage venture capital firm. It collaborates with corporate partners in diverse technology sectors across North America. Specializing in Information Technology, Mobility, Digital Media, Internet & E-commerce, Financial Technology, and Industrial Technology, the firm's investments, ranging from $500,000 to $3 million, often involve leading corporate and strategic partners. Headquartered in Atlanta with offices in Silicon Valley, Chicago, and New York, Forté Ventures plays a key role in fostering innovation and growth in the technology landscape. Investment Range: $500K - $3M Stage: Seed, Early Stage Sector: Information Technology, Mobility, Digital Media, Internet & e-commerce, Financial Technology, and Industrial Technology Investment Geography: Primarily Southeast US Notable Investments: Percent, Jump, Sprockets, CarIQ, Homee, Element

Discover how Venture Capital (VC) fuels startup growth. Learn about VC, its benefits, and how it works in our blog! https://lnkd.in/g7kbbBPF #VentureCapital #StartupFunding #BusinessGrowth #AvantePartners

UNICORN WATCH Here is the top startup and venture capital funding news from this week: Adams Street Partners, a 52-year-old private equity and VC firm based in Chicago with over $60 billion under management, raised a $1.2 billion venture fund to invest in startups, secondaries, and other venture funds. https://lnkd.in/gCXk4kiW Monzo Bank, a UK-based neo bank, is now valued at $5.9 billion after confirming a secondary market share sale. Existing investors, including Singapore’s sovereign wealth fund (GIC) and StepStone Group, acquired additional shares in the London-based fintech. https://lnkd.in/gEvRchtA Crusoe finalized a $3.4 billion deal to finance the construction of an AI-focused data center in Texas, which reportedly will be used by OpenAI. https://lnkd.in/gbFeCX3S EvenUp, a startup that makes artificial intelligence products for personal injury law firms, raised $135 million in a new funding round, valuing it at more than $1 billion. Bain Capital Ventures led the Series D round. https://lnkd.in/g2fkJjC2 Table Space plans to launch an IPO next year with a target valuation of $2.5 billion. The managed workspace provider leases over 60 centers in six Indian cities to large companies such as Google, Apple, Shell, and PayPal. https://lnkd.in/dQmZ9jEn 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘳 𝘰𝘧𝘧𝘦𝘳 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴, 𝘢𝘯𝘥 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘛𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘢𝘯𝘺 𝘷𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯𝘴, 𝘪𝘴 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘱𝘶𝘣𝘭𝘪𝘤 𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘭𝘪𝘯𝘬𝘦𝘥 𝘢𝘣𝘰𝘷𝘦.