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Investor Highlight: SV Angel

Investor Highlight: SV Angel
July 6, 2022

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As markets continue to shake, more investors are allocating resources to early-stage companies. Going against the grain is Silicon Valley staple, SV Angel. The firm closed a $269MM growth equity fund in early March for collaborative rounds in the $5-$20MM range for Series Bs & Cs. The fund has clout based on investing in top companies like Airbnb and Slack and has its hands in the pockets of prepping-to-go-public companies like Instacart and Stripe.

  
Ron Conway of SV Angel

The fund, led by founding partner Ron Conway and his son Topher Conway, had previously taken a stance on outsized seed rounds in venture capital, stating they would no longer be taking outside investments. But with this latest fund, SV Angel will have a chance to apply its recipe for seed-stage success to companies already meeting customer needs and challenges.

For insight into what catches SV Angel's investment eyes, here’s a look at recent fundings:

Mona Gallery brings the art gallery concept to the metaverse. Think no stale crackers or white wine, just collectible art and community. SV Angel contributed alongside many metaverse believers in the start-up's $14.6MM Round A.

Modular believes we haven’t gone far enough with our implementation of AI. It has created a developer platform for advancing AI techniques that will bring us closer to autonomous vehicles, global food security, and more. Those high aspirations earned the company a $30MM seed round in June. 

Graft is trying to make AI accessible to the 99%. Its cloud-based platform enables teams to use AI without formal training, tech savviness, or in-house infrastructure. SV Angel participated in the seed round led by GV in May.

Twitter goes on offensive
Twitter sues Indian government over censorship laws.
[NY Times]
"Summer camp for billionaires"
Private jets stream into Idaho for top executive's conference.
[WSJ]

 
Since last week, PrivCo has added:
1,527 Companies | 216 Funding Activities | 149 M&A Deals

Funding & Deal Highlights:

 

Sensible Care raises $13MM from Volition

Mental Health • Round A • Santa Ana, CA
 

Vulcanforms raises $355MM from Eclipse

Machinery • Equity • Burlington, MA
 

ExPace raises $237MM from undisclosed investors

Space • Round B • Wuhan, China
 

ClinChoice raises $150MM from Legend Capital

Clinical Trials • Round E • Fort Washington, PA 
 

WiredScore raises $15MM from Beringea

Consulting • Round B • New York, NY
 

Moon Surgical raises $31.3MM from GT

Health Care • Equity • San Carlos, CA
 

AlgiKnit raises $13MM from Collaborative

Biotechnology • Round A • Brooklyn, NY
 

Tokenize raises $13MM from undisclosed investors

Cyber Security • Round B • Rochester, NY
 

Electra raises $164MM from Eurazeo

Automotive • Equity • Paris, France
 

Tesorio raises $17MM from BAMCAP

Accounting • Round B • San Francisco, CA        
 

Ondas Holdings announces acquisition of Airobotics

Robotics • Acquisition • Petah Tikva, Israel
 

Class.com acquires Blackboard

EdTech • Acquisition • Washington, DC 

 

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