Moonfire Ventures raises $115M

05/24 13:35

Moonfire, a "data-driven" VC founded by former Atomico co-founder Mattias Ljungman, has raised $115 million for its new fund, "Fund II". The firm claims to review up to 50,000 companies every week using custom AI models and a tech stack. Moonfire is looking at companies in AI, Web3, AR/VR, health, work, finance, and gaming. The firm has led 23 deals and co-invested in a further 27 alongside VCs such as Sequoia, Accel, Index, General Catalyst, and Accel. Moonfire believes in the integration of remote and in-person meetings.
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