David Lee’s Refactor Capital has raised $20.5 million for a Refactor Cacao venture fund, according to a filing with the SEC.
The money came from one LP, according to the document.
The firm raised a $50 million maiden seed fund in March. It is run by former SV Angel partner Lee and Zal Bilimoria, previously with Andreessen Horowitz.
The document can be found here.DON'T MISS OUT! Meet new and diverse managers in private equity, venture capital and real estate at the third Emerging Manager Connect East at New York City's Harvard Club. CLICK HERE FOR DETAILS!