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1/ We are thrilled to announce The House Fund II, a $44M pre-seed and early stage fund, dedicated to startups from the 600,000 person Berkeley network, based in Berkeley and around the world.https://medium.com/@thehousefund/announcing-the-house-fund-ii-home-for-the-unstoppable-42d5959b6480?source=friends_link&sk=a4c72cd215878a5380198f23de76225b …
2/ With top UC Berkeley AI professors / entrepreneurs on our co-founding team (@dawnsongtweets @pabbeel @KurtKeutzer Michael I. Jordan Trevor Darrell Ion Stoica) and proximity to leading AI research, @TheHouseVC is uniquely situated to back the next generation of AI startups.
3/ We’re excited to have more resources to invest in and support Berkeley startups at Day 1. Our focus will not change. We are all-in on Berkeley –– investing in startups that have at least one alumni, faculty, or affiliate on the co-founding team.
5/ And today consists of a growing list of 20 Unicorns and counting (incl @Flexport in our portfolio, @Databricks, @DoorDash, @WarbyParker, @Nextdoor), 5 recent IPOs, and 20 Recent notable exits.
6/ We are proud investors in 50+ startups including @Superhuman, @thetbhapp (acquired by @Facebook), @Dyndrite, and others we anticipate will become household names soon.
7/ We believe there is a right way to build AI startups and that The Revolution Hasn’t Happened Yet, so with our efforts, we can have a meaningful influence on how the revolution takes shape.https://medium.com/@mijordan3/artificial-intelligence-the-revolution-hasnt-happened-yet-5e1d5812e1e7 …
8/ With more capital, we have grown our team including 5 of us full-time (@CBaradar @adithya_iyengar @dayveeli Mandy Freund) and 3 operators who have built and sold startups who mentor our CEOs (@bjwilson34 @ArjunDArora @meannie)...and we're hiring!https://thehouse.fund/careers/
9/ This launch is dedicated to the memory of @robchandra a true believer in Berkeley, people, and potential.
10/ There are MANY who have helped us build The House –– too many for Twitter character limits! Some of them are included at the bottom of our post.
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