logo
logo

MaC Venture Capital Raises Inaugural $103 Million Seed Fund

Mar 25, 2021•over 4 years ago

Amount Raised

$103 Million

Round Type

seed

New York

Description

Today, MaC Venture Capital, a seed-stage venture capital firm that invests in technology startups, announced it has raised its inaugural $103 million seed-stage fund. A majority Black-owned firm based in Los Angeles and Silicon Valley, the firm employs a cultural investment framework, using business and consumer trend research to identify companies that are leveraging shifts in culture and behavior. It backs companies across a broad range of business sectors, including fintech, e-commerce and marketplaces, interactive media, connectivity, enterprise SaaS, space and aerospace, logistics, and more.

Company Information

Company

Ma C Venture Capital

Location

New York, United States

About

MaC Venture Capital is a seed-stage venture capital firm based in Los Angeles and Silicon Valley that invests in technology startups leveraging shifts in cultural trends and behaviors. The general partners represent diverse backgrounds in technology, business, politics, entertainment, and finance, allowing them to accelerate entrepreneurs on the verge of their breakthrough moment. The firm provides hands-on support crucial for building and scaling category-leading companies, including operations strategy, brand building, recruiting, sales development, and mission-critical introductions. MaC Venture Capital is the result of a merger between Cross Culture Ventures, co-founded by Marlon Nichols, and M Ventures, co-founded by Adrian Fenty, Michael Palank, and Charles D. King. Find MaC Venture Capital online at https://macventurecapital.com/ and @MaCVentureCap.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech