HomeUSATwo Sigma Ventures Closes New Fund, at $288M

Two Sigma Ventures Closes New Fund, at $288M

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NYC-based venture capital firm Two Sigma Ventures closed a $288m fund focused on investing in early-stage, data-driven startups across a wide variety of industries.

Two Sigma Ventures III, LP, was supported by external investors, including a diverse group of endowments, foundations, pensions, and others.

Established in 2012 and led by Colin Beirne, Dan Abelon, Lindsey Gray, and Villi Iltchev, Two Sigma Ventures invests in high-growth technology companies that leverage data science and advanced engineering. To date, the firm has invested in over 70 companies across enterprise and consumer software, AI-powered applications, infrastructure and developer tools, and data-driven biotech and healthcare.

The firm’s broader employee network of over 1,700 data scientists, engineers, and other industry experts provide support to portfolio companies.

Two Sigma Ventures also has a presence in San Francisco, and invests actively across the U.S. and in select international opportunities. Recent investments include Firedome (an IoT endpoint security company), NewtonX (an AI-powered expert search engine), Radar (a location data infrastructure company), and Terray Therapeutics (an AI-powered drug discovery platform).

FinSMEs

22/01/2020

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