Overwater Ventures Announces $20 Million Debut Fund

San Francisco – April 25, 2023 – Cooley advised Overwater Ventures, an early-stage venture capital firm, on the closing of its $20 million debut fund. Partner John Clendenin led the Cooley team.

Proceeds from the debut fund will be used to invest in early-stage innovative companies in the biology, healthcare, artificial intelligence, robotics, climate tech and future of food sectors. Overwater has already invested some of the funds in companies that reflect its mission – such as Overstory, Conceive, Gameto, Zero Acre Farms, Prose Foods and Overture Life. Overwater plans to take a holistic approach with its portfolio companies by offering business and personal support.

Overwater Ventures is an early-stage venture capital firm that helps founders turn breakthrough technologies into scalable businesses people love. The firm gives founders the support they need to quickly turn their vision into a sustainable, high-growth business with the aim to create societal and economic outsized returns. Overwater is committed to partnering with and funding founders working on science and technology that – once commercialized – has the potential to radically impact human lives and the planet.

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