Chapel Hill, North Carolina, United States In 2014 was created Union Grove Venture Partners, which is appeared as VC. The company was established in North America in United States. The main office of represented VC is situated in the Chapel Hill.
The fund was created by Greg Bohlen, John A. Spilman V, Patrick Cairns. The overall number of key employees were 3.
The usual things for fund are deals in the range of 10 - 50 millions dollars. Considering the real fund results, this VC is 20 percentage points more often commits exit comparing to other organizations. The fund is generally included in less than 2 deals every year. The important activity for fund was in 2019. The top amount of exits for fund were in 2016. This Union Grove Venture Partners works on 9 percentage points less the average amount of lead investments comparing to the other organizations.
The usual cause for the fund is to invest in rounds with 7-8 partakers. Despite the Union Grove Venture Partners, startups are often financed by Mayfield Fund, Uncork Capital, Inventus Capital Partners. The meaningful sponsors for the fund in investment in the same round are Mayfield Fund, Uncork Capital, Shea Ventures. In the next rounds fund is usually obtained by Uncork Capital, Menlo Ventures, Mayfield Fund.
The fund has no exact preference in some founders of portfolio startups. When startup sums 1 or 4 of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight Descartes Labs, Appcelerator, SpotHero. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Marketplace, Health Care.
Related Funds
Funds with similar focus
| Fund Name | Location |
| Asia Climate Partners (ACP) | China, Hong Kong, Hong Kong Island |
| China Development Investment Bank | New Taipei, Taiwan |
| Chunxin Capital | Beijing, China, Fangshan |
| Growth Capital | Lagos, Lagos, Nigeria |
| Huadian Fund | China, Hangzhou, Zhejiang |
| Island Capital Partners | - |
| Sequel Venture Partners | Boulder Creek, California, United States |
| Shinkin Central Bank | - |
| Taihu Fund | Anhui, China, Wuxi |
| The Bedari Foundation | - |
Notable deals
| Company | Industry | Round Size | Date | Investors | Location |
Hero Bread | $15M | 02 May 2023 | - | ||
Oliver Space | $36M | 09 Aug 2022 | San Francisco, California, United States | ||
Kuleana | $18M | 23 Jun 2022 | San Francisco, California, United States | ||
Forte | $185M | 12 May 2021 | San Francisco, California, United States | ||
Descartes Labs | $20M | 11 Oct 2019 | Santa Fe, New Mexico, United States | ||
Samba TV | $30M | 19 Jun 2017 | San Francisco, California, United States | ||
Progyny | $14M | 01 Jul 2016 | New York, New York, United States | ||
Poshmark | $25M | 21 Apr 2015 | Redwood City, California, United States |
– Forte, an organization building a blockchain-based economic platform for video games, announced it has raised $185M in Series A funding led by Griffin Gaming Partners.
– New and existing investors including Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, and Canaan also participated in the round.
– The Series A funding values the organization at $1B.
– Funds will be used to accelerate the development of its end-to-end blockchain platform, which lets developers create fungible and non-fungible tokens (NFTs), and build scalable token-based game economies.
– Forte’s economic technology aims to address the growing misalignment between game developers, players, and fans.
1. You post comments at your own choice and risk. You bear the whole responsibility,related to their substance, content and the fact of publication. We shall not bear anyliability in respect of such comments.
2. While commenting, you shall use only actual, truthful and confirmed data. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty.
3. We do not intend to delete any comments on the website unless within our “noticeand take down” procedure.
4. We can moderate comments at any time.
5. While commenting, you are under the rule of our website’s terms of use and privacypolicy.
6. We retain our right to delete any comment or any other content of the website at ourwill in case we know or suppose such content is illegal or breaches any lawful right.
Review
- No reviews are submitted yet.
Sign up and get access to full fund profile and advanced analysis.
Full teamIndustries heatmapStages heatmapGeorgaphy breakdownCoinvestorsPortfolio analysisPerformance indexesLatest highlights
Unlock all data Latest deals
| Company | Industry | Round Size | Date | Investors | Location |
Hero Bread | $15M | 02 May 2023 | - | ||
Oliver Space | $36M | 09 Aug 2022 | San Francisco, California, United States | ||
Kuleana | $18M | 23 Jun 2022 | San Francisco, California, United States | ||
Forte | $185M | 12 May 2021 | San Francisco, California, United States | ||
Descartes Labs | $20M | 11 Oct 2019 | Santa Fe, New Mexico, United States | ||
Samba TV | $30M | 19 Jun 2017 | San Francisco, California, United States | ||
Progyny | $14M | 01 Jul 2016 | New York, New York, United States | ||
Poshmark | $25M | 21 Apr 2015 | Redwood City, California, United States |
