Monday, September 14, 2015

Avalon Ventures Gets Commitments Of $103M In New, $300M Fund

La Jolla-based venture capital investor Avalon Ventures has just received a $103M commitment to a new, $300M fund, according to a regulatory filing by the firm. The filing indicates that, so far, the fund has 26 investors in the first sale. General Partners listed on the new fund are Tighe Reardon, Braden Bohrman, Kevin Kinsella, Richard Levandov, and Jay Lichter. Avalon invests in both life sciences and technology companies, and invests in seed an dearly stage companies.

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