Uncategorized

Ev Williams’ VC Firm Obvious Ventures Has Raised $77.7 Million For Its First Fund, Filing Shows

TechCrunch

Obvious Ventures, the venture capital firm started by Twitter and Medium co-founder Ev Williams, has raised a total of $77.7 million for its inaugural fund, Obvious Ventures I, according to a regulatory document filed today.

Obvious Ventures, which counts longtime tech entrepreneur James Joaquin and executive-turned-investor Vishal Vasishth as co-founders, was unveiled in December 2014 with the aim of investing in startups that could have a “sustainable positive impact” on the world.

(And if you’re getting the sense that history is repeating itself here, it kind of is — Obvious Ventures is the third entrepreneurial effort from Ev Williams with the word “obvious” in its name. If it ain’t broke, etc.)

As my colleague Ryan Lawler wrote a few months ago at the firm’s official launch, Obvious Ventures is focusing on funding startups across three main themes: “sustainable systems” such as technologies for conserving and maximizing natural…

View original post 85 more words

Advertisements
Standard