TLDR:
- Masha Bucher’s Day One Ventures secured $150 million for Fund III.
- The firm aims to redefine the future of human by focusing on early-stage founders addressing global issues.
Masha Bucher, founder and general partner of Day One Ventures, has secured $150 million for the firm’s third fund. Over the past six years, Bucher’s innovative approach of merging venture capitalism with public relations has distinguished Day One Ventures in the competitive landscape of venture capital. The firm began with Fund I at $20 million, followed by Fund II at $50 million. Since its inception, Day One Ventures has achieved significant milestones, including 22 successful exits and an IPO with Terran Orbital. The portfolio includes eight unicorns such as Superhuman, Remote, and Worldcoin. With the new $150 million Fund III, the firm aims to support early-stage founders addressing global issues like wealth disparities, climate change, and social isolation.
Bucher’s journey into venture capital is as compelling as her professional achievements. Born in Russia, she has transitioned through various roles before founding Day One Ventures. The firm’s growth is attributed to strategic decisions and surrounding herself with industry experts. With Fund III, Day One Ventures is introducing a new focus area called “Future of Human,” exploring the intersection of technology, art, and culture. Recent investments include Rainmaker, a cloud seeding startup, and Cradle Healthcare, which is developing advanced cryogenic freezing technology to preserve brain personality and memory for the future.
Day One Ventures is committed to diversity and inclusion, with 63% of founders being female or people of color. The firm looks for founders with profound tech experience and exceptional ideas, supporting young, mission-driven founders with extreme dedication. The new fund represents a deeper integration of art and culture alongside storytelling and PR expertise. With the strategic vision and innovative approach of Masha Bucher, Day One Ventures is likely to continue making significant impacts in the tech industry.