Asset Management
What's New In Investments, Funds? - Wing Venture Capital
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The latest in funds and investment news from across the world.
Artificial intelligence-focused firm Wing Venture Capital has set up Wing Three, a $450 million pool of capital dedicated to early stage investing and long-term company-building in enterprise technology.
The capital pool will be invested to help founders build businesses that enable the "Modern Enterprise," which is an agile workplace built on data and powered by AI. The firm invests early, leading seed and Series A financings.
The firm has added a range of industry luminaries to its teams in the past two years. Sara Choi (formerly of Google), Jake Flomenberg (formerly of Accel) and Aaref Hilaly (formerly of Sequoia) have joined Zach DeWitt, Gaurav Garg and Peter Wagner as investing partners. During the same period, operating partners Rajeev Chand (head of research, formerly of Rutberg), Sunil Chokshi (head of talent, formerly of A16Z) and Didi Dayton (head of market development, formerly of FireEye) have joined to lead key portfolio service initiatives.
Wing Venture Capital was founded in 2013.