Alethia Venture Partners, a Los Angeles, CA-based venture capital firm, launched their $50m inaugural fund.
Alethia Opportunity Fund I is actively deploying capital into the next wave of growth brands across the wider beverage category. Growth capital will be used to support sales, marketing, distribution, and logistics needed to scale.
The firm plans to make approximately 15-20 beverage investments ranging from $250k to $5m, and the fund will seek to lead and co-lead series seed, A, and B financing rounds.
Led by Mike Warren, Founder and Managing Partner, Alethia’s team is comprised of experienced operators, bankers, current and former C-level executives, and investors, including Brian Stolz, Logan Zinser, Bob Frady and Taylor Foxman.
Initial investments will be announced later this year.
FinSMEs
12/10/2023