HomeUSAMyriad Venture Partners Launches With $100M In Initial Capital

Myriad Venture Partners Launches With $100M In Initial Capital

Myriad Venture Partners' Founder Chris Fisher
Chris Fisher

Myriad Venture Partners, a NYC-based early-stage venture firm focused on AI, clean technology and enterprise B2B software, announced its launch with $100M of initial capital commitments.

The fund is backed by anchor investor Xerox, along with a new Advisory Council to pioneer collaboration across the venture ecosystem. The Council, also featuring corporate partner HCLTech, serves as a proving ground, fostering the development of new business models and go-to-market strategies, while offering a significant advantage to Myriad, co-investors and portfolio companies seeking market validation. The firm is targeting investor commitments of $200M for Fund I.

Dean Mai

Founded by Chris Fisher, the former senior vice president and chief strategy officer of Xerox Corporation and former founder and managing director of Xerox Ventures, together with former Xerox Ventures executives Tim Chiang and Dean Mai, Myriad Venture Partners is an early-stage venture firm focused on shaping the next generation of business solutions. Born out of Xerox Ventures, the firm brings decades of expertise and a strong corporate and financial partnership network to support world-class entrepreneurs. The firm is dedicated to investing in AI, clean technology, and enterprise enterprise B2B software businesses. 

Tim Chiang

Myriad employs its network of industry partners and portfolio companies to enhance the broader ecosystem. The firm guides relevant companies to its strategic and financial partners, investing in only the highest-quality businesses that meet its criteria for long-term and enduring value creation. 

Myriad’s Fund I has already backed 14 AI, cleantech, and B2B software companies, including Seurat Technologies, which received follow-on funding from industry leaders like Nvidia and Honda. Other investments included LinkSquares, Anvilogic, and Mojave.

VCWire

23/01/2024