TLDR:
- Masha Bucher, a 3x entrepreneur and investor, founded Day One Ventures in 2018.
- Recently, she raised a $150M Fund III, one of the two largest funds raised by a female solo GP in the past 12 months.
Masha Bucher, a successful entrepreneur and investor, recently raised a $150M Fund III for Day One Ventures. This fund, backed by various institutional investors and unicorn founders, aims to bridge the gap between technology and society through art, storytelling, and culture. Day One Ventures focuses on AI, climate, enterprise software, fintech/crypto, and deep tech. The fund also introduced a new category called “The Future of Human” to redefine humanity’s future through each investment they make. Masha Bucher emphasizes the importance of storytelling, art, and culture to bridge the gap between society and technology.
The fund has a strong track record, with Masha being an early investor in eight unicorns and Day One Ventures having 22 exits, including one IPO. Fund III’s net IRR is 48%, significantly higher than the median net IRR for similar funds in North America. Day One Ventures actively supports female founders and investors, with a focus on finding the biggest world-changing ideas possible. The fund’s recent investments include companies working on space resources, cloud seeding, cryopreservation, blockchain networks, and industry-specific credit cards.