Tuesday, July 11, 2017

Blackhorn Ventures Finds $13M For First Venture Fund

Boulder- and Palo Alto, California-based Blackhorn Ventures, a new venture capital fund run by Trevor Zimmerman and Philip O'Connor, has raised $13M as part of its first fund, targeted at $25M, according to a regulatory filing by the company this week. The filing says that so far, Blackhorn has 27 Limited Partners committed to the fund. Blackhorn says it invests in Internet-of-Things (IoT), artificial intelligence, healthcare, and energy efficiency, and specifically is looking for companies at the intersection of technology and resource efficiency. Zimmerman previously served at Kurion and with the Navy; O'Connor as co-founder and CEO of PAX Pure.