NEW YORK, February 11, 2021-- LightShed Ventures (“LightShed”), a new technology, media and telecommunications (“TMT”) venture investment firm, today announced the launch and initial close of capital of LightShed Ventures Fund I.
LightShed Ventures Fund I will invest $75 million principally in the Seed and Series A rounds of category-defining private companies across the entire TMT ecosystem. LightShed will be opportunistic in evaluating later private company rounds that fit tightly within its investment theses. LightShed Ventures was co-founded by General Partners Richard Greenfield, Walter Piecyk, Brandon Ross and Jamie Roberts Seltzer.