Tuesday, October 17, 2017

Ankona Capital Joins New Pack Of LA Venture Investors

A new, venture capital firm, founded by Jon Bauch and Brian Mesic, has emerged in Los Angeles, called Ankona Capital. Bauch and Mesic--who were previously at Anthem Venture Partners--apparently are aiming at early growth capital investment in software companies. The new firm joins an increasingly long list of new venture capital investment funds in the region, which have almost rivaled the number of startups across Southern California. In particular, there's been a search of early, seed- and Series A- startup funds. Some of the funds announced recently include a new $66M fund for Wavemaker (focused on Asia); a $105M fund for Pontifax AgTech; Akatsuki's LA-based $50M entertainment fund; and a new firm, Bonfire Ventures formed by Jim Andelman and Mark Mullen--just to name a few.

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