TLDR:
- Maven Ventures secures a new $60 million fund to support consumer tech innovation.
- The firm focuses on key areas like AI, personalised healthcare, climate sustainability, and fintech.
Maven Ventures, a seed-stage venture capital firm, has announced a new Fund IV worth $60 million, bringing their total assets under management to $200 million. The firm has a stellar track record with a 16% success rate of companies achieving exits or valuations exceeding $500 million, which is ten times higher than the industry average. Maven makes 6-8 core investments per year, providing deep support and guidance to their chosen founders.
Targeting cutting-edge consumer trends, Maven’s key focus areas include Artificial Intelligence, personalised healthcare, climate sustainability, the future of families, and fintech. The firm’s collaborative partnership approach goes beyond financial backing, offering strategic guidance and support to founders. With their Fund IV, Maven aims to continue supporting visionary founders in building the future of consumer technology.
