The Accelerator Venture Capital SOSV Raises $277 Million

By StartUp City | Saturday, December 21, 2019

In 2018, SOSV, a self-described “Accelerator Venture Capital " for programs such as IndieBio, HAX and China-accelerator, desired to raise the most significant amount as venture capital fund. However, In December 2019, the organization officially announced that it has successfully raised $277 million as fourth flagship fund

Fremont, CA: The self-described “Accelerator Venture Capital (VC)” SOSV raised a sum of $277 million as a fourth flagship fund, which accounted to be 10 percent more than that of the target amount, i.e., $250 million.

As stated by the SEC filing, the organization raised the entire amount from more than 120 limited partners. The limited partners of SOSV are as follows Honda Motors, HP Tech Venture, Davy Group, ZX Ventures, and Tiedemann Advisor. Moreover, about nine unnamed venture capital investors made massive investments, either with the help of personal capital or assets under management in the SOSV 4.

The VC firm SOSV primarily invests in "deep tech", which is an ever-shifting term that broadly consists of a wide variety of technologies. For instance, one of the SOSV Programs, commonly known as dlab, helps in accelerating the development as well as the adoption of the decentralized and blockchain enabled technologies. The Food-X accelerator of SOSV focuses on the early-stage AgTech and FoodTech ventures.

The Accelerator VC firm, SOSV announced that it would continue to invest at the current pace, i.e., the company will continue to invest in around 150 companies, annually in its accelerator programs specific to the vertical. Typically, the organization invests a sum of $100,000 to $250,000 in each start-up in the initial phase and keeps an amount of $200,000 to $2 million in reserve for the upcoming findings.

The organization has employed more than 100 staff in its locations across regions such as San Francisco, Landon, Shenzhen, Cork Tokyo, Shanghai, and other areas. The company invests around $10 million for its infrastructural development per year to construct wet labs, electronic labs, and other such labs and facilities.

Fremont, CA: The self-described “Accelerator Venture Capital (VC)” SOSV raised a sum of $277 million as a fourth flagship fund, which accounted to be 10 percent more than that of the target amount, i.e., $250 million.

As stated by the SEC filing, the organization raised the entire amount from more than 120 limited partners. The limited partners of SOSV are as follows Honda Motors, HP Tech Venture, Davy Group, ZX Ventures, and Tiedemann Advisor. Moreover, about nine unnamed venture capital investors made massive investments, either with the help of personal capital or assets under management in the SOSV 4.

The VC firm SOSV primarily invests in "deep tech", which is an ever-shifting term that broadly consists of a wide variety of technologies. For instance, one of the SOSV Programs, commonly known as dlab, helps in accelerating the development as well as the adoption of the decentralized and blockchain enabled technologies. The Food-X accelerator of SOSV focuses on the early-stage AgTech and FoodTech ventures.

The Accelerator VC firm, SOSV announced that it would continue to invest at the current pace, i.e., the company will continue to invest in around 150 companies, annually in its accelerator programs specific to the vertical. Typically, the organization invests a sum of $100,000 to $250,000 in each start-up in the initial phase and keeps an amount of $200,000 to $2 million in reserve for the upcoming findings.

The organization has employed more than 100 staff in its locations across regions such as San Francisco, Landon, Shenzhen, Cork Tokyo, Shanghai, and other areas. The company invests around $10 million for its infrastructural development per year to construct wet labs, electronic labs, and other such labs and facilities.

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