CosmicTaco
CosmicTaco

Phosphor Capital Unveils $34M YC Startup Fund

  • Kulveer Taggar, a two-time YC alum, has launched Phosphor Capital, a venture firm dedicated to investing in Y Combinator startups.
  • Phosphor Capital has successfully raised $34 million across two funds since its inception, attracting notable investors including YC CEO Garry Tan.
  • Taggar's deep-rooted connection with YC, dating back to 2007, has been instrumental in the establishment and growth of Phosphor Capital.
  • The firm focuses on early-stage investments, writing checks between $100,000 and $500,000, and has already backed over 200 YC companies.
  • Taggar sees Phosphor as an opportunity to invest in innovative AI startups and believes in the transformative leadership of Garry Tan at YC.

Source: TechCrunch

Post image
1mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across