NFX tar­gets seed and pre-seed com­pa­nies with lat­est $450M round

NFX is launch­ing its third fund, with $450 mil­lion locked and loaded for 70 lucky seed and pre-seed com­pa­nies. The ven­ture firm’s claim to fame? Seed­ing 25 uni­corns to date.

The lat­est raise will sup­port star­tups in a wide range of sec­tors, from biotech to gam­ing to cryp­to, the firm an­nounced on Tues­day. You’ll like­ly rec­og­nize some of the big-name com­pa­nies al­ready in their port­fo­lio, like Mam­moth Bio­sciences (co-found­ed by CRISPR leg­end Jen­nifer Doud­na), Lyft and Do­or­Dash.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER