Baukunst, San Francisco, CA- and Boston, MA-based the collective of creative technologists building companies at the frontiers of technology and design, closed its Fund I, at $100m.
The fund will invest primarily in startups in North America making initial investments of $500k to $2m, serving as board members during the critical early years of company-building.
Led by Kate McAndrew, Tyler Mincey, Axel Bichara and Matt Thoms, Baukunst invests in ‘creative technologists,’ which it describes as ‘founders who combine visionary thinking and their expertise with powerful technology tools’. These founders are building companies at the frontiers of technology and design.
The firm has already made four investments out of the new fund, beginning with Five Flute, an issue-tracking platform embedded in Computer Aided Design (CAD) software that redefines how engineering teams approach design collaboration.
FinSMEs
26/10/2022