Insights on Emergent Ventures' Fund

Emergent Ventures is a six-year-old venture capital firm with a sector focus on AI and machine learning startups. Their most recent fund closed at $76 million in January 2021. They aim to make around 22 to 25 investments per fund, with an average check size of $1.5 million and a targeted equity stake of 10%. They also hold a reserve of $3 million to $5 million for their successful portfolio companies. The firm has two partners and follows a concentrated approach to seed investing, allowing them to focus on the companies they have invested in.