TXV Partners Enters Strategic Partnership With CAZ Investments For $500 Million Evolution Fund

FUND IMAGE: Brandon Allen & Marcus Stroud DATE: 09/28/2023 COMPANY: TXV Partners FUND NAME: Evolution Fund AMOUNT: $500,000,000 NOTE: TXV Partners, led by Managing Partners and Founders Marcus Stroud and Brandon Allen, has entered into a strategic partnership with CAZ Investments and aims to raise a private-equity fund with a target of $500 million, focusing on sports-related businesses, late-stage technology startups, sports teams, and related sectors. The firm, based in Austin, Texas, specializes in human performance and has invested in technology used by major sports leagues such as the NBA, NFL, and Premier League. Through their Evolution Fund, TXV Partners intends to further develop sports-related businesses with technology and sports management expertise. HQ: #Austin #Texas #VentureCapital #BrandonAllen #MarcusStroud #TXVPartners #EvolutionFund #TradedVC

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Drizzy Secures Pre-Seed Funding From RiverPark Ventures Nucleus Ventures And Alexis OhanianDrizzy (@GetDrizzy), the Sydney-founded peanut butter brand now headquartered in the U.S. and Australia, has announced its American launch alongside a pre-seed funding round backed by investors including RiverPark Ventures, Nucleus Ventures and Alexis Ohanian. Founded by Australian entrepreneurs Jason Spyrides and Georgia Park, Drizzy is reimagining the peanut butter category with its signature premium squeeze-bottle format, made from American-grown peanuts and a splash of peanut oil. Free from added sugar, palm oil, stabilizers, and emulsifiers, the brand was built on the belief that healthy eating should be simple, clean, convenient, and transparent. By combining thoughtful product design with minimal ingredients, Drizzy is modernizing one of America's most-loved pantry staples for the way people eat today. FUN FACT: Peanut butter is a staple in nearly 95% of American households, but the experience hasn't evolved. After one too many messy smoothie mornings, they asked a simple question: if honey, ketchup and mayonnaise all come in squeeze bottles, why doesn't peanut butter? That question became Drizzy. FOUNDERS: Jason Spyrides (@JasonSpyrides) & Georgia Park (@GeorgiaPark1) INVESTORS: RiverPark Ventures, Nucleus Ventures & Alexis Ohanian HQ: USA & Australia #VentureCapital #Drizzy #TradedPartner #TradedVC

Enigma Raises $71 Million Seed Funding Led By Index Ventures And Ribbit CapitalEnigma, an AI robotics research lab emerging from stealth, has raised $71M in seed funding led by Index Ventures and Ribbit Capital, with participation from Sarah Guo of Conviction Partners. Founded by Jonathan Jacobi and Gal Niv, Enigma is developing intuitive ways for humans to interact with robots by studying real-world human-machine communication. The company is launching a large-scale experiment allowing people worldwide to interact with more than 100 proprietary AI robots as it seeks to create a robotics interface as simple and natural as adjusting a volume knob. FOUNDERS: Jonathan Jacobi & Gal Niv INVESTORS: Index Ventures, Ribbit Capital & Sarah Guo ROUND: Seed AMOUNT: $71,000,000 HQ: San Francisco, California #VentureCapital #Enigma #JonathanJacobi #GalNiv #TradedVC