Breakout Ventures has closed of its oversubscribed second fund with USD112.5 million in commitments. Fund II received strong support from existing limited partners including Dolby Family Ventures, Thiel Foundation, GRIDS Capital, S Cubed Capital and deep tech investors Chris & Crystal Sacca, Tony Fadell, Zack Bogue and Matt Ocko.
Breakout Ventures has closed of its oversubscribed second fund with USD112.5 million in commitments. Fund II received strong support from existing limited partners including Dolby Family Ventures, Thiel Foundation, GRIDS Capital, S Cubed Capital and deep tech investors Chris & Crystal Sacca, Tony Fadell, Zack Bogue and Matt Ocko.
The Fund also attracted new institutional investors including Cortes Capital (Love’s Private Equity), Cupola Funds managed by AMG National Trust, university and foundation endowments, and a leading bank.
Breakout Ventures will continue to back Seed through Series A-stage companies in creative biosciences where biology, chemistry and technology converge to scale solutions in human health and sustainability.
