Press Release

Upfront Ventures Raises More Than $650 Million Across Three Funds

July 29, 2022

Palo Alto – July 29, 2022 – Cooley advised venture capital firm Upfront Ventures on its fundraise of more than $650 million to be deployed across three unique funds focused on various stages of the startup life cycle – the firm’s seventh early-stage fund, Upfront VII, which closed with $280 million in capital commitments; its third growth-stage fund, Upfront Growth III, with $200 million; and its Continuation Fund, with more than $175 million. Lawyers John Dado and Will Newsom led the Cooley team advising Upfront Ventures. 

Upfront VII and Growth III will place a deeper concentration on categories where Upfront Ventures anticipates the most growth and value creation – and the biggest impact – specifically, healthcare and applied biology, defense technologies, computer vision, agtech and sustainability, fintech, consumerization of enterprise software, and gaming infrastructure.

Upfront Ventures was founded in Los Angeles in 1996 and has investing professionals based in Los Angeles and San Francisco. The firm invests about half of its capital in the fast-growing Southern California ecosystem, with the rest invested across the US, as well as in Europe and India.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law. 

Cooley has 1,500 lawyers across 17 offices in the United States, Asia and Europe, and a total workforce of 3,300. 


This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.