Press Release

2048 Ventures Closes $67 Million Fund

January 26, 2022

Boston – January 26, 2022 – Cooley advised 2048 Ventures, an early-stage venture capital firm, on the closing of its oversubscribed Fund II at $67 million. Partners Nicole Peppe and Stephanie Gentile led the Cooley team advising 2048 Ventures.

2048 Ventures intends to use Fund II to make 60 investments between $500,000 and $1.5 million over the next three years. The firm will continue to back founders who are creating technology platform companies of the future across the US and Canada, with a focus on application programming interfaces (APIs), infrastructure, marketplaces and specific types of vertical software as a service (SaaS).

Founded in 2018, 2048 Ventures is a thesis-driven, earliest-stage venture capital firm made up of founders, experienced operators and dreamers obsessed with the future. The firm has backed more than 200 startups, and has the experience and conviction to lead any pre-seed.

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