Seed-focused Pear seeks $35 mln for expansion fund


Palo Alto, California-based venture firm Pear, which raised $75 million for its second seed-stage fund in 2016, is seeking to raise $35 million for Pear Ventures I Expansion, according to a regulatory filing. The firm is led by Pejman Nozad and Mar Hershenson, the founding managing partners. Past investments include Branch Metrics, JetInsight and Door Dash, among others.