NFX, a Silicon Valley and Israel based venture capital firm, has launched a $150M venture capital fund.
The fund was supported by influential entrepreneurs, endowments, foundations, and funds of funds.
Led by James Currier, Pete Flint, and Gigi Levy-Weiss, NFX leverages software and such values as network effects, growth philosophy, and culture to invest in a select group of early stage tech companies in Silicon Valley and Israel across all sectors, including AI, blockchain, biotech, fintech, AR/VR, IoT, enterprise, SaaS, marketplaces, robotics, etc.
NFX will invest $250k in early startups on a rolling basis also giving 6 months of structured, hands-on support while, for seed and early A startups, the fund will invest from $500k to $5m, working with them through exit.
Every company will have equal access to the firm’s network and platform, called The Guild, an active community of 200+ founders the team members have invested in who are committed to sharing KPI’s, insights, and access with other top founders building network effect businesses, protected by tight privacy policies.
NFX is based in Palo Alto, San Francisco and Herzliya, Israel.