Catapult Ventures targets $50 mln maiden fund

Catapult Ventures is raising a $50 million maiden fund, according to a regulatory filing. The firm does not yet appear to have a website and is led by Darren Liccardo and Rouzbeh Jazayeri. Liccardo formerly served as a director of engineering at Tesla Motors’ autopilot program before joining drone company DJI as a vice president of engineering, systems and applications, according to his LinkedIn profile. Jazayeri is still listed as the head of Kleiner Perkins Caufield & Byers’ business development and strategic partnerships practice. The filing says Catapult is located in Los Altos, California. No investors are listed.

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