Global VC, SOSV secures $277 million in its fourth fund — looks to invest in early-stage deep tech startups

It will continue to invest in 150 new startups every year.


Syamil Faisal

13 Dec, 2019

Global VC, SOSV secures $277 million in its fourth fund — looks to invest in early-stage deep tech startups | BEAMSTART News

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SOSV has closed its oversubscribed new SOS IV fund bagging $277 million from investors including university endowments, foundations, fund of funds, corporates, family offices and wealthy individuals from around the globe.

With fund from SOS IV, it will invest in over 150 startups each year through its accelerator programs —HAX, IndieBio, RebelBio, Chinaccelerator, MOX, Food-X, and dlab.

SOSV runs its accelerator program across nine cities; San Francisco, New York, Cork, London, Shenzhen, Shanghai, Xi’An, Taipei, and Tokyo.
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The firm will keep on with its strategy to use the larger portion of SOS IV fund to invest $100k to $250k in each startup via its accelerator programs — also funding $200k to $2 million in subsequent rounds for its startups.

Managing over $700 million with 900 startups belted in its portfolio, SOSV focuses on deep-tech startups in life-sciences, and hardware.

“On top of the $65 million SOSV invests directly into our startups every year, SOSV’s deep-tech startups are getting huge funding leverage from our syndicate of VCs, angels and corporate," Sean O’Sullivan, SOSV Managing Partner said.

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