Embark Ventures Launches First $50M Venture Capital Fund

Embark Ventures, L.P., a Los Angeles, CA-based new venture capital firm, launches its first fund.

According to a regulatory form filed with the SEC, the firm is seeking to raise $50m. No funds have been raised yet.

The doc lists Yipeng Zhao and Peter Lee as people related to the offering.

According to LinkedIn, Peter Lee is Managing Partner at Baroda Ventures, a vc firm focused on early stage IT (internet, SaaS, digital media) while Yipeng Zhao is Managing Partner at ArcheMatrix Ventures, which invests in early-stage companies with high growth potential.



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