Pienza
Facts
- HQ
- Seattle
- Sectors
- Startup studio, B2B software
- Stage
- Seed
Version One Ventures Raises $100M Across Fund IV ($70M) and Opportunities Fund II ($30M), Will Target 25–30 Early-Stage Startups
Version One Ventures raised $100 million across two new funds — $70M for Fund IV (pre-seed and seed) and $30M for Opportunities Fund II — and plans to invest in 25–30 startups across sectors including SaaS, marketplaces, crypto, healthcare, and climate. The nine-year-old firm, led by Boris Wertz and Angela Tran Kingyens, continues to treat Seattle as a key geography while broadening its geographic focus.
Madrona Venture Labs raises $8M and turns investors like Spencer Rascoff into co‑founders of spinouts
Madrona Venture Labs has raised $8 million for its fourth fund and introduced a model that makes investors — including Spencer Rascoff, Julie Larson-Green and Elena Donio — co-founders, board members, and advisors of its spinouts to attract talent and accelerate startup formation. Founded in 2014, the Seattle-based studio has spun out more than a dozen companies, including recent spinouts Zeitworks, Simplata, and Stratify.
Pioneer Square Labs spins out 25 startups in five years; six launched during pandemic surge
Seattle startup studio Pioneer Square Labs (PSL) spun out 25 startups in five years — six during a six-month pandemic stretch — by rapidly testing ideas, though it has yet to produce a breakout unicorn and faces criticism over founder dilution.
