Palo Alto – June 6, 2021 – Cooley
advised Lux Capital on the closing of two new funds at a total of
$1.5 billion, bringing Lux's total capital under management to
more than $4 billion. Partner Shane Goudey led the Cooley team
advising Lux, a premier venture capital firm based in New York City
and Silicon Valley investing in companies on the edge of scientific
and technological breakthroughs.
The new capital will be deployed in two new funds: Lux Ventures
VII, a $675 million early-stage venture fund, and Lux Total
Opportunities, an $800 million fund to help support, grow and
propel the most promising companies both within and outside
Lux's portfolio.
In a post about the
closings, Lux Capital said, "The new funds are vehicles to
reinforce our commitment to our rapidly growing Lux family of
companies and expand the boundaries of what's possible, to
deepen our investment in those inventing our future and taking us
all across new frontiers."
