Silicon Republic April 17, 2024
Founded by Sean O’Sullivan and based in Princeton, New Jersey, the investment firm wants to ‘reinvent the means of production’ through its latest SOSV V fund.
SOSV, the Irish-founded venture capital firm based in the US, has closed a $306m fund for deep-tech start-ups that innovate in the climate and health spaces.
Announced yesterday (16 April), the SOSV V fund is the largest ever raised by the firm founded by Cork native Sean O’Sullivan in 1995. The new fund is aimed at deep-tech start-ups with an emphasis on what it calls the “intertwined imperatives” of decarbonisation and re-industrialisation. The idea, according to SOSV, is to “reinvent the means of production”.
O’Sullivan, who is also managing general partner, said that SOSV...
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