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Fremont, CA: OneValley has launched its OneValley Fund as part of its mission to back entrepreneurs building great companies across its network.
OneValley is a global entrepreneurship platform based in Silicon Valley that supports entrepreneurs, accelerates startups, and empowers organizations worldwide that foster innovation communities. OneValley directly supports over 60,000 members, and an additional 200,000+ are indirectly supported through Passport, its pioneering digital innovation platform that connects startups, universities, enterprises, and other groups cultivating communities in support of entrepreneurship.
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The OneValley Fund was established in collaboration with HMC Capital, a global multi-strategy alternative asset manager, and OneValley's early investor. HMC brings valuable insights and infrastructure to the new fund, with more than $15 billion in assets under management and advisory across investment verticals such as Private Equity, Credit, Real Estate, and Venture/Growth.
"Over the past three years, we have built one of the world's largest startup ecosystems. With the launch of the OneValley Fund, we now have the ability to invest in the outstanding companies we see across our network," stated OneValley CEO, Nikhil Sinha.
The OneValley Fund, led by Managing Director Juan Scarlett and OneValley's Chief Product Officer Alec Wright, will make pre-seed and seed investments and target follow-ons through Series A financing rounds. The fund will look for startups in a variety of industries that are using next-generation technologies to solve high-value problems in growing markets. The OneValley Fund will support its portfolio companies by leveraging the startup acceleration infrastructure it has built. This includes expert and investor networking, talent sourcing, growth marketing, Fortune 500 business development, and practical business-building resources from a wide range of high-value service providers who partner with the OneValley network.
"The OneValley Fund will systematically identify and invest in the most promising companies emerging from across the vibrant and diverse OneValley ecosystem," remarked Juan Scarlett, the Managing Director of the Fund. "We will then use the wealth of resources from the OneValley platform to support our portfolio companies and accelerate their businesses in a meaningful way. I believe the OneValley Fund is one of the most valuable and comprehensive seed stage investment platforms available to startup founders today."
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