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Pear VC closes a $333M seed fund aiming to back the next generation of AI startups, with assets under management surpassing $1.1B.
Amount Raised
$333 Million
Round Type
Seed
Palo AltoDescription
Pear VC has closed its fifth fund, Fund V, at $333 million, which is 23% smaller than its previous fund raised in May 2023. The firm plans to invest primarily in pre-seed and seed rounds across various sectors, including AI and fintech. This new fund positions Pear VC to stay competitive in a market increasingly dominated by larger funds. Founding partner Pejman Nozad emphasizes a focus on finding extraordinary founders early.
Fundz sees it the moment Pear VC raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Pear VC raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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