INSUBCONTINENT EXCLUSIVE:
Primary Venture Partners, a seed firm that invests exclusively in New York City startups, has raised a second fund of $100 million.That
Primary is able to offer that level of support with a team of 13 people, Sun said, by leveraging local connections and expertise.The
has resulted in some big successes already, like Jet.com (acquired by Walmart for $3.3 billion) and Coupang (valued at $5 billion)
Even beyond the most attention-grabbing deals, Sun pointed to the fact that of the 15 companies in the Primary portfolio that have tried to
raise Series A rounds, 13 of them have succeeded.As part of this announcement, VCs that Primary has worked with in the past also offered
It will, however, be able to write slightly larger checks, say in the $1.5 million to $2 million range, with additional funding reserved for
