Jewel Burks Solomon’s Collab Capital closed a new $ 75 million fund

Collab Capital Today it announced the end of the $ 75 million fund.

JeWel Burks Solomon, who rose to the lead in Silicon Valley during her Google’s years of American startups, closed its second fund to its Collab Capital.

The second box is 75 million dollars and includes limited heavyweight partners such as Apple, Goldman Sachs Asset Management and Leon Levine Foundation.

Suleiman participated in the establishment of the company alongside Barry Givens in 2020 with the opening box of $ 50 million and invested in 38 companies, including the GODR and Culina Health.

Fund II will continue to support early companies-seeds and chain A-building in the future of work, health care and infrastructure.

She said that this last box will allow the Collab Capital “Double Download” with its mission to support the promising founders who treat major and regular problems. ”

“What is the following is a deeper condemnation, greater bets, and the constant evidence that joint prosperity can be developed and can generate competitive returns,” Solomon told Techcrunch.

The fund will reduce checks ranging from $ 1 and 2 million dollars to at least 30 companies during the next five years. It has already invested in six companies, while 40 % of the fund is intended for follow -up investments.

Suleiman said that the collection of this second box was very difficult, and it took nearly two years.

“We were moving in a difficult Macro’s climate and transferring LP priorities,” she said. “But we remained committed to our vision and building strong relationships with LPS who see both the urgency and opportunity in what we do.”

The advertisement of the Collab Capital’s Fund II Fund comes at a time when black -led money continues and continues to close the large money. Just last month, Zeal Capital partners Closing From 82 million dollars, the second fund. Earlier this year, Sydney Thomas, the symphony capital An editorial box of $ 13.5 million collected, while Cherryrock Capital, founded by Stacy Brown-VHILPOT, She announced a fund worth $ 172 million. Late last year, Slauson & Co. She announced a fund worth $ 100 million.

This story has been updated to reflect Barry Givens as a co -founder of Collab Capital.