Valia Ventures (Valia), an early stage venture capital firm, has closed its oversubscribed second fund – Value Ventures II – with $50 million in capital commitments.
The new fund will allow Value to continue backing ambitious companies such as Humane, Lendtable, Relativity Space, Selfbook, and System.
Valia Ventures II brings together a strategic group of limited partners including experienced startup founders, leading technology executives, international family offices, and reputable institutional investors such as Tiger Global Management. The latest fund represents a significant step-up from Valia’s 2018 debut fund which ranks in the top 5% of all funds in its vintage in terms of performance, according to data from Cambridge Associates. Although the firm isn’t expressly diversity focused, the majority of their investments have been in women or BIPOC/AAPI founded companies.
Valia Ventures II will initially invest up to $1 million at the pre-seed and seed stages, while reserving additional capital for follow-on rounds.