Less than 1 min.Read

Lightbank: Closes New Venture Capital Fund, At $180M

March 7, 2021

Lightbank, LLC, a Chicago, IL-based venture capital firm, closed its second early-stage venture capital fund, Lightbank II, L.P.. with $180m of capital commitments
Lightbank II’s investor base is comprised of institutional investors, family offices, and high net worth individuals
The closing brings Lightbank’s total assets under management (AUM) to $360m
The new fund will invested across a broad range of sectors, also including internet, software, climate tech, and consumer brands
Consistent with the firm’s historic strategy, Lightbank II will also invest across geographies and stages
The majority of capital will be concentrated in Pre-Seed, Seed, and Series A opportunities with select growth-stage investments