Obvious Ventures Raises Two New Funds Totaling $461 Million
June 14, 2022
Cooley advised Obvious Ventures, a venture capital firm investing in early-stage, purpose-driven entrepreneurs reimagining trillion-dollar industries, on its raise of two new funds – Obvious Ventures IV and Obvious Prime II – representing a combined $461 million in fresh capital. Partner John Clendenin led the Cooley team advising Obvious Ventures.
Cooley advised YL Ventures, an early-stage venture capital firm focused on cybersecurity, on the closing of its significantly oversubscribed fifth fund, YLV Fund V, at $400 million. Partner John Clendenin led the Cooley team advising YL Ventures.
Cooley advised Los Angeles-based venture capital firm UP.Partners, which supports companies that are transforming the moving world, on the closing of its inaugural $230 million fund. Partner John Clendenin led the Cooley team advising UP.Partners.