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Almost a year ago, three top investors at Lux Capital and Obvious Ventures announced they were leaving the firms, teasing on Twitter that they were starting “something new.”

That something is a new venture capital firm, which launched Wednesday with $350 million for its first fund.


The trio plans to start companies and invest in seed, Series A, and Series B rounds, giving out anywhere between $1 million and $20 million at a time.

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