The House, Gradient Ventures launch AI accelerator at UC Berkeley

By Alastair Goldfisher — 1 month ago

The House, Google’s Gradient Ventures and machine learning researchers from UC Berkeley have teamed up to launch [email protected] House, an artificial intelligence innovation hub at the university that includes an AI accelerator. The accelerator will help AI-focused companies with thought leadership, venture funding and provide engineer office hours and co-hosting events. Investments in the accelerator companies will reach up to $120,000, and companies are eligible for additional investment from The House. Any company with at least one UC Berkeley affiliated founder on the team is eligible to apply.

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Well-connected Ali Partovi seeks $50 mln for Neo Fund

By Alastair Goldfisher — 2 months ago

Angel investor Ali Partovi, co-founder of LinkExchange and Code.org and an early adviser and investor at various tech companies, has filed to raise $50 million for his firm Neo Fund, according to a regulatory filing. The filing lists the firm’s address at the Ferry Building in San Francisco. His brother, Hadi Partovi, with whom he often co-invests, is not listed on the filing. The Partovi brothers have been involved in various fast-growing and successful companies, such as investing in Zappos and Facebook, launching the nonprofit Code.org, which is developing computer programming education, and they have served as advisers to Dropbox and Indiegogo, among others. They are also the cousin of Uber CEO Dara Khosrowshahi.

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Chad Herrin joins Aspect Ventures’ investment team

By Kaitlyn Landgraf Bartley — 3 months ago

Aspect Ventures announced that technology investor and software executive Chad Herrin has joined the San Francisco and Palo Alto-based firm, according to a press release. Herrin will serve on the firm’s investment team and advise Aspect’s portfolio companies, focusing on enterprise software and cloud-based services investing.

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LRI Vision Partners targets $50 mln first fund

By Kaitlyn Landgraf Bartley — 3 months ago

LRI Vision Partners is raising a first fund targeted at $50 million, according to a regulatory filing. The firm, which does not appear to have a website, is led by Andy Liu, Pingle Reddy, and Ahmad Imam and is based in Seattle, according to the filing. The minimum investment accepted is $50,000, and the filing lists no investors.

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