Two Austin-based VC firms are each raising $100M funds
Companies, agencies, institutions, etc
Crunchbase News
ATX Seed Ventures
Quake Capital
Apple
Google
Microsoft
Group
Daimler
VNUE Inc.
SaaS
BASE Equity Partners.“We
People
Austin
Chris Shonk
Danielle Allen
Brad Bentz
Jim Brisimitzis
Jason Fernandez
stages.”Brisimitzis
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Locations
Texas
Austin
Unbill
complexities.”Bentz
New York
Seattle
Events
Incent Games
Series
Quake
Summary
Texas startups will soon have two new sources for capital.Crunchbase News has learned that two Austin-based venture capital firms, ATX Seed Ventures and Quake Capital, are in the process of each raising $100 million funds.The news comes off a period in which the Austin tech scene saw a number of wins. In January alone, Austin startups raised nearly as much as was raised in all of the 2018 fourth quarter.While both firms have different investment strategies, they share some similarities: They’re both trying to fill what they perceive as an early-stage gap in the Austin market, and they both are naturally bullish on the region.First let’s discuss what ATX Seed Ventures has planned.The firm only just recently closed its second $32 million fund and is already busy raising money for its third fund, which has a target of $100 million.
As said here by Mary Ann Azevedo