David Lee’s Refactor raises $20.5 mln for Refactor Cacao


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.

FUNDRAISERS: Don't miss Emerging Manager Connect West 2018 in San Francisco on May 1! CLICK FOR DETAILS!