Liquid 2 Ventures Raises $80M For Third Core Fund

From left to right: Mike Miller, Joe Montana, Nate Montana, and Michael Ma

Liquid 2 Ventures LLC, a San Francisco, CA-based early-stage venture capital firm, closed the third core fund, Liquid 2 Ventures Fund III, L.P., at $80M.

Founded by Joe Montana, Michael Ma, and Mike Miller in 2015, Liquid 2 Ventures is a venture capital with a focus of early-stage investment funding for technology startups at the seed-stage. 

Their first two core funds, Liquid 2 Ventures, L.P. (vintage 2016, “Fund I”) and Liquid 2 Ventures Fund II, L.P. (Vintage 2018, “Fund II”) are both over 3x and include between them 25 companies valued at over $1B.