The Microsoft and Green Bay Packers-backed VC firm is raising a second vehicle more than triple the size of its predecessor, according to a filing.
TitletownTech, the corporate venturing unit co-founded by software provider Microsoft and American football franchise Green Bay Packers, is raising a second fund, according to a regulatory filing.
The filing does not state if any limited partners have come on board yet, but it shows a target of $80m for the vehicle.
The unit typically invests in pre-revenue to series A companies across areas such as sports, media and entertainment, agriculture, water and the environment, digital health, supply chain technology and advanced manufacturing. Its usual ticket size is between $200,000 and $2m with a focus on the US state of Wisconsin, though it has a wider reach in the US and Canada.
To date, TitletownTech’s portfolio includes companies such as sports training technology provider StatusPro, synthetic dataset provider Synthetaic, food allergen sensor developer Allergy Amulet, virtual reality language immersion technology provider VRnacular and Aramid Technologies, a provider…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
