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TMCnet News Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run [December 30, 2020] Madrona Venture Group Announces Closing over $500 million to Fund Innovation from Day One for the Long Run Madrona Venture Group, the leading venture capital firm based in Seattle, announced today the closing of more than $500 million in new funds. The firm closed two funds simultaneously, Madrona Venture Fund 8 of $345 million and Acceleration Fund 2 of $160 million. Both funds were heavily over-subscribed. The funds will be deployed on complementary strategies building startups from the seed stage primarily in the Pacific Northwest and from an acceleration stage, throughout North America.

United statesMike fridgenMatt mcilwainSteve singhJay bartotMadrona venture group announces closingAcceleration fundMadrona fundMadrona venture groupFund innovationFounders allianceMadrona venture fundVenture group announces closingDay oneVenture groupPacific northwest