Monday, March 17, 2025 | 01:05 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Silicon Valley-based VC Rocketship raises $100 mn for its second fund

The launch of Fund II will enable the VC to continue investing globally across sectors and company stages and increase the firm's number of follow-on investments, said the Silicon Valley-based VC

Global lenders have been selective in taking exposure to Indian NBFCs. Strong parentage adds to the appeal, but is not a passport to syndication success
Premium

Rocketship uses machine learning and data science to identify and invest in startups around the world

Samreen Ahmad Bengaluru
Venture capital firm Rocketship.vc has raised $100 million for its second fund. Founded by data scientists and entrepreneurs from companies like Amazon and Walmartlabs, the fund has so far invested in 44 start-ups including NoBroker, Moglix and Yulu.
 
The launch of Fund II will enable the VC to continue investing globally across sectors and company stages and increase the firm’s number of follow-on investments, said the Silicon Valley-based VC.
 
Rocketship uses machine learning and data science to identify and invest in startups around the world. The firm’s algorithm tracks companies globally using a series of metrics to indicate the probability

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in