Radical Ventures Fund III holds additional close

Photo of author

By Ted Liu

Radical Ventures has held an additional close for its flagship fund III which is targetting to raise up US $500 million.

Radical Ventures is reportedly held an initial close for the 2022-vintage fund III in January 2023, closing in onto its fundraising target.

Radical Ventures Fund III, differing from Radical Ventures II which led by sole General Partner (GP) Jordan Jacobs, will be led by Jacobs and two additional GPs, Ed Clark and John Frederic Megrue Jr.

Radical Ventures is a venture capital firm investing in entrepreneurs applying deep technology to transform massive industries. With a primary focus on machine learning and artificial intelligence, Radical Ventures seeks to partner with exceptional entrepreneurs with global ambition to build enduring companies.