
Calibrate Ventures, a Pasadena, CA-based enterprise capital agency, raised $97m in new funds.
Calibrate Fund II will proceed the agency’s monitor document of investing in early-stage AI and automation startups quickly reworking industries corresponding to training, healthcare, logistics, legislation, monetary companies, manufacturing, and transportation.
The agency invests early in Seed or Collection A firms, then companions with founders all alongside their progress journeys by offering hands-on steering for go-to-market, advertising and marketing and communications, enterprise improvement, and gross sales technique.
This car is over 20% bigger than the agency’s fully-invested first fund, which backed AI and automation leaders corresponding to Constructed Robotics, Embodied, FarmWise, Smooth Robotics, Talage, and TruckLabs, in addition to HealthTensor, Parallel Area, and Trellis.
Based in 2017 by Managing Companions Kevin Dunlap and Jason Schoettler, Calibrate has grown its personal funding workforce within the final two years, welcoming three new enterprise companions, Aimée Leifer, Paolo Pirjanian, and Daniel Murray; hiring Carrie Zawistowski as vp of portfolio finance; and bringing on strategic operators to supply value-added portfolio companies.
FinSMEs
21/12/2021