UBS Backs Javelin Venture’s $125M Fifth Tech Startup Fund

San Francisco-based early-stage investor Javelin Venture Partners has captured $125M in primary and affiliated funds for its tech startup Fund V, backed by new investors including UBS.

The venture firm said in an October 24 press release that the fund has drawn support from a diversified group of limited partners, with UBS making its first investment in venture capital through its IB principal investments team. Fund V will concentrate investments with $500,000 to $4M in capital deployments, primarily in late Seed or early Series A funding, across approximately 20 to 25 companies in AI, SaaS, marketplaces, consumer internet, fin-tech, prop-tech, and digital media.

Fund V recently included custom eyewear provider Pair Eyewear and real estate tool Fello to join its existing portfolio comprising MasterClass, an online courses platform, and Niantic Labs, a game development company.

View the press release here.

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