HomeUSAGlobal Millennial Capital Closes First Fund, at $20M

Global Millennial Capital Closes First Fund, at $20M

Global Millennial Capital
Image of Andreea Danila All Rights Reserved Global Millennial Capital Ltd.

Global Millennial Capital, a Boston, MA-based venture capital firm, closed its first $20M fund.

Anchored by the Qatar-based Al Attiyah family office, with participation from various Gulf-based and international investors, the venture capital fund will invest in technology businesses that are exponentially scalable and IP-focused.

Established in 2021, GMCL invests in technology businesses at early and growth stages, with access to leading academic institutions, incubators, accelerators, and corporate venture capital firms. The firm uses a research-driven model to augment its deal-origination capability and to automate the initial assessment of startup features, which is its value proposition.

Andreea Danila, the General Partner and Member of the Investment Committee, holds a strong record of executing various fund management mandates, spanning venture capital, mezzanine, credit, and private equity. She previously invested in fifty early-growth technology companies and advised on more than twenty mid-market transactions in the technology and consumer sectors.

In addition, the senior members of the management team have previously invested and exited funds with similar strategies and realized paths to exit over a realistic timeframe. The Advisory Board of the fund is composed of industry leaders with more than one hundred years of combined investment experience, bringing solid credentials in the areas of strategic advisory and asset management projects exceeding $6 billion.

VCWire

19/02/2024