Valhalla Ventures, a Los Angeles, CA-based early-stage venture capital firm, launched its $66M Fund I.
Founded in 2020 by Devan Malhotra, Matthew King, and Rohan Pujara, Valhalla Ventures is a seed-stage venture capital firm that invests across deeptech and gaming.
The fund will primarily focus on investments in seed-stage companies across:
- deeptech (areas of interest include materials science, biology, energy generation/storage, and space technology), and
- gaming (targeting novel and underfunded gaming mediums with an emphasis on social experiences).
Fund I has been actively deploying since early 2022 taking 15 core positions to date, and will continue to make new investments until early 2025. On the deeptech side, investments include Terran Biosciences, Avery Digital, and Irradiant Technologies. In gaming, portfolio companies include Incredible Dream, and 1v1Me.
Prior to raising Fund I, Valhalla invested $27M via SPVs in eight companies across deeptech, gaming, and blockchain.
FinSMEs
25/07/2023