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Breakout Ventures uses science as our superpower. We invest in early-stage companies applying technologies of scale to cutting-edge science with applications in human health and bio-manufacturing. For the past decade, we have invested in our network for deal flow and diligence, which builds a strong pipeline for Breakout Ventures Fund II, a $100M fund integrating our Seed and concentrated A/B strategies. Our fund size is well suited to drive returns vs AUM building and is relatively uncorrelated with other funds given our focus at the intersections of unique technologies and markets. Along with financial returns, our team drives intellectual returns for our LPs providing exposure to cutting-edge science solving some of the world’s most urgent problems. We also connect core LPs with direct investment opportunities. Breakout Ventures II launched in the new year and just completed our first close ($30M) and are capping the fund at $100M. We are looking to work a handful of new LPs dedicated to building a future powered by science.

Buoyant Ventures is a new majority female owned venture fund in Chicago and Boston started by Amy FranceticAllison Myers and Daniel Hullah. Buoyant will invest in capital efficient, digital solutions that can help address climate risk in the energy, agriculture, real estate and transportation sectors. Digital technologies encompass software, hardware, and new business models that help enterprises and communities adapt to and mitigate climate change. Previously Amy founded and ran Energize Ventures and Clean Energy Trust. Daniel has over 13 years of energy investment experience from GE Ventures, National Grid, and Rockport. Allison was a senior manager in Accenture Strategy’s power and smart cities practices and is an adviser to the University of Michigan’s Social Venture Fund. Collectively the team has invested over $160mm in 38 companies. Buoyant is aiming to raise $100mm to invest in early growth stage technology companies, and will be measuring impact and diversity across the portfolio.

E2JDJ is a $50MM early stage venture capital fund investing in talented founders who are creating novel technology platforms and product solutions at the nexus of food and science. The fund primarily focuses on disruptive cell-based, plant-based and fermentation-based food, ingredients, and technologies, and other solutions at the intersection of food science and biotechnology that are providing scalable solutions to the climate crisis, public health, food security, ecosystem decimation, and the future sustainability of the global food system. The fund targets net returns of 3x / 17-23% IRR; gross returns 4x / 25-30% IRR,  over the medium-term through structured investment opportunities where industry partners are active alongside fund investors. The fund will seek to make 15-20 equity-linked investments at the pre-seed to early series A stage, ranging from $~1-3M over its initial 48-month deployment period, with ownership goals typically greater than 5% – 15%. Prior to launching E²JDJ, the founding partner, Corey Jones, was an early stage equity investor at Providence Equity and earlier an investment banker, giving him exposure to technology, deep science, and healthcare investing experience.  Additionally, the co-founder, Stephanie Dorsey, was a corporate lawyer at Davis, Polk, & Wardwell where she advised financial institutions. Stephanie also worked at the Community Enterprise Project where she advised start-ups, including companies in the food and beverage space. Both graduated from Harvard Law School and currently serve on a variety of boards of organizations, accelerators, and incubators that are driving innovation in the food and broader entrepreneurial space. The principals offer unique access to quality deals in one of the most dynamic areas of the food industry by leveraging our early mover advantage and distinct sourcing capabilities.

 

Fearless Fund invests in women of color-led businesses seeking pre-seed, seed level, or series A financing. Our mission is to bridge the gap in venture capital funding for women of color founders building scalable, growth aggressive companies. Fearless Fund is built by women of color for women of color.

Kapor Capital invests in tech-driven early-stage companies committed to closing gaps of access, opportunity, or outcome for low-income communities and/or communities of color in the United States. We are particularly interested in those that address gaps of disproportionate relevance to African Americans and Latinx communities.

Mizzen Capital LP is a credit fund founded by Liddy Karter and Marilyn Adler, seasoned professionals with outstanding track records. Mizzen has secured a commitment from the SBA for $175M of low-cost, 2:1 leverage through the SBIC program that enables the Fund to lend money to US based businesses at reasonable rates but still generate a Net IRR for Limited Partners in the high teens. Mizzen is targeting a $90 million equity capital raise of which $51 million has been committed form banks, asset managers, insurance companies, family offices and individual investors. The minimum investment is $250,000 for individuals and $1 million for institutions. The Fund’s invests in high growth companies with strong recurring revenues, significant collateral coverage, experienced management teams and $1M to $10M in EBITDA. Mizzen primarily invests in companies in advanced manufacturing, business and healthcare services, IT and software and alternative energy and will only invest in socially responsible, sustainable businesses. With an average loan size is $8 million Mizzen will invest in 30 – 35 companies during a five year investment period and expects the Fund to be fully realized by year 8.

Founded in 1998 and headquartered in Dallas, TX and Nashville, TN, Pharos Capital Group, LLC (“Pharos”) is a physician-founded, SEC Registered Investment Adviser1 with over $1.4 billion of assets raised across three sponsored funds since inception. Pharos is an active investor focused on high-growth healthcare investments that improve patient outcomes, lower the cost of healthcare, and create greater access for patients while considering the social determinants of health with a value-based care approach. Pharos’ mission is to reduce healthcare inequalities in underserved markets across the U.S, especially within urban and rural communities.

The Renaissance HBCU Opportunity Fund (“the Fund”) is a federally designated Opportunity Fund focusing on real estate-oriented community economic development projects on or near the campuses of Historically Black Colleges and Universities (HBCUs). All of the Fund’s investee projects will be capable of spurring communitywide revitalization while promoting positive social impact outcomes, including the advancement of higher education opportunities for lower-income persons, living wage job-creation, and minority entrepreneurship. Organized with support from the Kresge Foundation, Rockefeller Foundation, and Calvert Impact Capital the Fund was named to the first annual Forbes OZ 20 list of opportunity zone catalysts.

We invest in the “Best Ideas in Impact”, using an “Impact Arbitrage” strategy. So far, we have generated top decile venture returns and profound social or environmental impact. Social Impact Capital is backed by the most knowledgeable venture capital investors in the world, such as Marc Andreessen and Peter Thiel. Designed to incorporate the best of a generalist fund and a niche fund, SIC works with global best-in-class domain experts (+50), including Stephen Wolfram, Linda Avery, George Church and many more. These Venture Partners and Advisors, our “Extended Team”, are compensated for the material value they bring to our firm & founders on a deal-by-deal basis. We’re pioneering a “Seed-Z” portfolio construction strategy that is mathematically designed to produce superior results in venture capital, and should outperform in market downturns.

Latinx Female GP

Supply Change Capital invests in the changing face of food. They are bullish about the 2045 tipping point where the minority becomes the majority citizen in the US, and the incredible, $100+ billion incremental opportunity that this presents for food. Supply Change invests at the intersection of food, culture, and technology, specifically targeting sustainable ingredients, high-integrity brands with cultural appeal, and technology from farm to fork.

Two female GPs have investment + operator experience in food & supply chain sectors, from venture backed startups to Fortune 50 companies. Noramay Cadena is an engineer turned investor having launched an early stage fund that invested in over 20 manufacturing and supply chain companies. Shayna Harris brings an insider’s eye to the industry, from architecting the 21st-century chocolate supply chain at Mars to building the groundbreaking fresh food company Farmer’s Fridge. She advises Fortune 100 companies and startups on navigating the fast-changing food terrain.

More at www.supplychangecapital.fund