Uncork Capital has announced the successful closing of $300 million in fresh capital, which will be distributed between two newly launched funds. The firm raised $225 million for Uncork VIII, its latest seed-stage fund, and $75 million for Uncork Plus IV, a growth-stage fund.
This funding marks a continued commitment by Uncork Capital to support early- and growth-stage startups across various industries. The new capital will enable the firm to expand its investment portfolio, backing promising founders and innovative startups at critical stages of their development.
Uncork Capital, known for its early bets on successful companies such as Postmates, Eventbrite, and Fitbit, aims to build on its track record by deploying these funds in a disciplined and strategic manner. The firm’s dual-fund approach allows it to support companies throughout different phases of growth, providing both initial seed funding and follow-on investments.
The closure of these funds demonstrates investor confidence in Uncork Capital’s investment strategy and its ability to identify and nurture high-potential companies in a competitive venture capital landscape.
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