Press Release

Theory Ventures Announces $450 Million Second Fund

November 22, 2024

San Francisco – November 22, 2024 – Cooley advised Theory Ventures, a Bay Area-based venture capital firm founded by Tomasz Tunguz, on its $450 million second fund. Theory Ventures focuses on early-stage software investments across data, artificial intelligence and Web3. This new fund enables Theory Ventures to further scale its support for innovators building the next generation of software.

Lawyers John Dado, Stuyvie Pyne, Alexa Rose Colangelo and Stacey Song led the Cooley team advising Theory Ventures.

Cooley has advised Theory Ventures since its inception in 2023, including its $230 million debut fund in April 2023.

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