Louise Palanker

MaC Venture Capital Announces $203M Fund II After Strong Seed-Stage Fund Performance

Retrieved on: 
Monday, June 27, 2022

Today, MaC Venture Capital, a seed-stage venture capital firm based in Los Angeles and Silicon Valley, has successfully raised a $203 million Fund II, building on the $110 million seed-stage fund secured in March 2021.

Key Points: 
  • Today, MaC Venture Capital, a seed-stage venture capital firm based in Los Angeles and Silicon Valley, has successfully raised a $203 million Fund II, building on the $110 million seed-stage fund secured in March 2021.
  • MaC Venture Capital is the result of a 2019 merger between Cross Culture Ventures, co-founded by Nichols, and M Ventures, co-founded by Fenty, King and Palank.
  • As of the launch of the seed-stage fund, MaC Venture Capital has invested in 50 companies, with top performers including Pipe , Edge Delta , Stoke , Zigazoo , Epsilon3 and Spartan Radar .
  • MaC Venture Capital is a seed-stage venture capital firm based in Los Angeles and Silicon Valley that invests in technology startups leveraging shifts in cultural trends and behaviors.