LightShed Ventures, a new technology, media and telecommunications (TMT) venture investment firm, on Thursday announced the launch and initial close of capital of LightShed Ventures Fund I.
LightShed Ventures Fund I will invest $75 million principally in the Seed and Series A rounds of category-defining private companies across the entire TMT ecosystem. LightShed will be opportunistic in evaluating later private company rounds that fit tightly within its investment theses.
LightShed Partners said it has differentiated itself with a deep focus on disruptive private companies. The LightShed Ventures Partners include one significant institutional investor and an incredible group of prominent media, telecom, tech, sports, entertainment, music and financial executives.
Richard Greenfield, LightShed Ventures General Partner
Our unique, thematic research remains our life blood. The principles behind our research will underpin our investments. But the research itself is just the start of our flywheel. Everyone knows we have one of the biggest megaphones in TMT to amplify our ideas and strengthen our brand and mindshare.
