OneValley, a San Mateo, Calif.-based global entrepreneurship platform, has launched the OneValley Fund as part of its mission to back entrepreneurs building companies across its network.
Launched in partnership with HMC Capital, a global multi-strategy alternative asset manager and early investor in OneValley, Led by Managing Director Juan Scarlett and Alec Wright, OneValley’s Chief Product Officer, the fund will make pre-seed and seed investments and target follow-ons through Series A financing rounds.
The vehicle will seek out startups across a variety of sectors that are solving high value problems in growing markets with next generation technologies.
The fund will utilize the startup acceleration infrastructure it has built to support its portfolio companies. This includes expert and investor networking, talent sourcing, growth marketing, Fortune 500 business development and practical business-building resources from a variety of high-value service providers that partner with the OneValley network.
Led by CEO Nikhil Sinha, OneValley is a global entrepreneurship platform headquartered in Silicon Valley, that supports entrepreneurs, accelerates startups, and empowers organizations across the world that foster innovation communities. It directly supports over 60,000 members, as well as an additional 200,000+ indirectly through Passport, its digital innovation platform connecting startups, enterprises, universities, and other groups that are cultivating communities in support of entrepreneurship.
To date, the OneValley Fund has completed five initial investments including Pogo, NERv Technologies, Syrg, Bloomfield Robotics, and M10.