Press Release

Theory Ventures Announces $230 Million Debut Fund

April 7, 2023

San Francisco – April 7, 2023 – Cooley advised Theory Ventures, a venture capital investment firm, on its $230 million debut fund. Lawyers John Dado, Stuyvie Pyne, Paul Roberts and Sammi Weiner led the Cooley team.

Founded by Tomasz Tunguz, Theory Ventures is a venture capital investment firm based in Portola Valley, California, focusing on investing in enterprise software startups. It prefers to make seed and Series A investments in startups with an emphasis on data, Web3 and machine learning.

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