Mantis Ventures, the Investment Capital Company in the establishment of Alex Pall and Drew Taggart from the DJ Electronic Collection The Chainsmokers, has complied with $ 100 million obligations for its third fund.
At 100 million dollars, the company’s latest fund is 25 % larger than the previous Mantis fund, which amounted to 80 million dollars, which is a noticeable achievement at a time when many project companies are fighting to maintain current funds or new safe capital.
Mantis has invested in B2B companies, such as Chaninguard and Rogo Startup Financial Ai, where the value of its celebrity position may not be immediately clear.
While most celebrities focus on consumer companies, he told Pall and Taggart Techcrunch last fall that their primary interest lies in startups B2B, where they see Great opportunities.
The duo found a way to use its fame to help their wallet companies, however. Pall said that The Chainsmokers played special offers for almost all Fortune 500, and this experience has helped build a network that the company benefits from customer introductions.
https://techcrunch.com/wp-content/uploads/2020/09/BU5B7381-10.jpg?resize=1200,800
Source link