Jyri Engeström and Caterina Fake Launch Early Stage Venture Capital Firm Yes VC

Jyri Engeström and Caterina Fake have launched Yes VC, an early stage venture capital firm.

Yes VC, which has got some LPs already are is seeking a few more to raise up to $50m, will back startups at the pre-seed and seed stage.

The fund will invest in about 20–30 companies over the next several years and roll in previous investments in:
– Orchid, which is creating “a world where users own the internet”—decentralized, open-source,
– Spell, which builds infrastructure for AI and deep learning that used to be available only if you worked at a big company, and
– Gaze, which combines imaging and spatial sensing to enable autonomous vehicles.

Fake was a founding partner at Founder Collective while Engeström was EIR at True Ventures.



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