Investment Overview
Strategy Description
We’re currently in market with our 3rd VC fund ($100M), rounding up the last $30m, and have early-stage direct, a hot Series C fintech SPV allocations and PIPE opportunities available. Science's barbell investment approach:
- early-stage VC funds (anchored by State of Michigan Retirement System, and others)
- direct follow-on
- late-stage SPVs on external deals
- SPACs (https://medium.com/scienceinc/introducing-science-strategic-acquisition-corp-alpha-5fc0e80c3a6a); filed publicly last week for two additional.
About Science
Science Ventures, a Los Angeles-based venture fund focused on consumer, technology and internet companies that tap into societal shifts and disrupt entrenched markets. Differentiated by proprietary real-time data through its embedded Science Studio. Founded in 2011 and led by Mike Jones, Science's funds have seen mid-20-30% IRRs with $1.3 billion in exits including Dollar Shave Club (acquired by Unilever). It built two of the first & largest influencer networks on YouTube and Pinterest: FameBit (acquired by Google) and HelloSociety (acquired by New York Times). Today, Science’s portfolio includes notable companies such as Rover.com, PlayVS, MeUndies, Grove Collaborative, Mammoth Media, Liquid Death, Empirical Spirits, and more.