Vice Ventures Closes Second Fund, at $25M

Vice Ventures, a NYC-based early stage venture capital firm investing in “bad” industries, reportedly closed a second fund, at $25m.

Vice Ventures is an early stage venture capital firm investing in companies operating in non-traditional verticals including alcohol, cannabis, energy, harm-reducing nicotine, psychedelics, sex tech and wellness, skill-based betting, sports betting, MDMA, ketamine and other vices.

The firm is led by Catharine Dockery, the founder and General Partner. She entered venture capital after working in retail M&A on Walmart’s digitally native vertical brands team, and has prior experience in equity trading and high-yield credit research.

Dockery started Vice Ventures in 2018 with several SPVs and Fund I’s first close was in 2019.

FinSMEs

24/04/2023