HomeUSAAlethia Ventures Launches $50M Inaugural Fund

Alethia Ventures Launches $50M Inaugural Fund

Alethia Venture Partners

Alethia Venture Partners, a Los Angeles, CA-based venture capital firm dedicated to fostering the next generation of emerging breakout beverage brands,  has launched a $50m debut fund.

Alethia Opportunity Fund I is actively deploying capital into growth brands across the wider beverage category.

Alethia VP partners with founders building differentiated brands and products, with a clear path to scale and exit. Growth capital will be used to support sales, marketing, distribution, and logistics needed to scale. The firm plans to make approximately 15-20 beverage investments ranging from $250,000 to $5 million, and the fund will seek to lead and co-lead series seed, A, and B financing rounds.

Commenting on the close of the fund, Mike Warren, Founder and Managing Partner of Alethia Venture Partners, said: “We couldn’t be more excited at the possibilities ahead – now is the time to take a leading position across some of the most exciting opportunities within beverage. We’ve put together the best team to help propel these brands to the next level in 2023 and beyond.

The fund is managed by experienced operators, bankers, current and former C-level executives, and investors, including Brian Stolz, Logan Zinser, Bob Frady and Taylor Foxman.

VCWire

13/10/2023