TLDR:
- The new venture capital firm, Mangusta Capital, aims to invest in artificial intelligence and consumer disruption with $50 million of proprietary capital.
- Founded by Tommaso Chiabra and Kevin Jiang, the firm is dedicated to pioneering life-changing technologies and innovations.
In a recent article on EIN Presswire, it was announced that Mangusta Capital, a new global venture capital firm, has officially launched with a focus on investing in artificial intelligence and consumer disruption. With $50 million of proprietary capital, the firm aims to invest $150 million over the next 5 years in leading AI and consumer businesses globally. Co-Founder and General Partner, Tommaso Chiabra, stated that Mangusta Capital will be dedicated to pioneering life-changing technologies and innovations, supporting and accelerating businesses shaping the future.
The firm, with its name derived from the Italian word for ‘mongoose’, symbolizes its approach to investing – swift, precise, and unrelenting in the pursuit of extraordinary opportunities. Founded by Tommaso Chiabra and Kevin Jiang, the firm has the support of LMDV Capital. Mangusta Capital aims to be more than just an investment firm, offering partners entry into a community of exceptional talent and ideas while organizing exclusive meetings at various events to create fruitful exchanges between investors and leaders in innovation.
Mangusta Capital has already invested in various projects, including xAI, an artificial intelligence initiative led by Elon Musk, and ventures involving celebrity entrepreneurs. The firm also sponsors the UIM E1 World Championship and Westbrook Racing team, aligning with its dedication to leveraging technology for sustainable practices. Mangusta Capital’s mission is to empower visionaries who are leveraging AI to improve human productivity and entrepreneurs who are creating delightful experiences that change the way we live, work, and play.
