A new generation of companies is moving up in San Francisco — into nicer, more central office space

When seed-focused Pear VC raised a $432 million fund last year, the firm co-founder Pejman Nozad said that it meant his firm had reached its “own product-market-fit.” That fourth fund was nearly three times larger than its previous $160 million fund. The 11-year-old firm wants to help emerging venture funds follow in Pear’s footsteps. On Wednesday, Pear announced the Pear Emerging Manager in Residence program, which brings three up-and-coming pre-seed and seed venture funds into Pear’s offices

Sep 25, 2024

Ten years ago, Pear VC, then a tiny new venture firm, operated out of a nondescript office in Palo Alto that was enlivened by bright, computer-themed art. Last week, the outfit – which closed its largest fund to date in May – quietly inked a deal to sublease 30,000 square feet of “Class A” office […]

Nov 1, 2023

Ten years ago, Pear VC, then a tiny new venture firm, operated out of a nondescript office in Palo Alto that was enlivened by bright, computer-themed art. Last week, the outfit — which closed its largest fund to date in May — quietly inked a deal to sublease 30,000 square feet of “Class A” office […]

Nov 4, 2023

After nearly a decade, industrials-focused VC Eclipse expanded out of Silicon Valley. The firm opened its second office in New York’s Soho neighborhood with plans to invest more on the East Coast. Eclipse backs startups in sectors including manufacturing, supply chain, healthcare, and infrastructure, among others, both through its early stage and early growth-focused funds. Since the firm’s founding in 2015, it has been exclusively located in Silicon Valley — until now. Kaitlyn Glancy, a New Yo

Oct 17, 2024