Read on Twitter
0/ We are excited to start talking more publicly about our fund, @UNIONLabs and what we’ve been building for the last 24 months. Shoutouts to @Samirkaji @firstrepublic, @jshieber @TechCrunch, and @mattybcohen @TankTalkPodcast for some of the early support in getting the word out!
1/ Here’s a quick look at us (will pin this to our profile for future reference) with some detail about who we are, how we invest, and where we aspire to be different.
2/ UNION Labs is an early-stage #DeepTech venture firm based in San Francisco ( @foundersden). We both back and build companies, either through venture capital investment or a structured EIR program with corporate connections. https://unionlabs.com/
3/ Founded by @naywilliams (fmr @kleinerperkins EIR, @AugustHomeInc alum, angel investor) & @chrisbkim ( @AugustHomeInc cofounder/CTO, experienced Product Mgr + advisor), we help solve real-world problems with Applied DeepTech.
4/ Our core focus is on the commercial application of #IoT, #AI, #robotics, #automation where the need is clear, and significant scale is achievable. We also help build companies as an active partner to our #EIRs at the intersection of vertical industries and the physical world.
5/ BTW, @naywilliams wrote about some of our early thesis around verticalization during his @kleinerperkins EIR in @TechCrunch. https://techcrunch.com/2017/09/28/keep-calm-and-automate-to-unlock-the-opportunity-in-the-vertical-internet-of-things/
6/ We invest in core technologies and understand product development from the ground up, but also bring unique experience in sales & marketing to help our founders scale smart, build strong cultures, and (seek to) straighten the path to product/market fit.
7/ We pride ourselves on bringing together Fortune 500 companies, VCs, and strategic advisors to support our portfolio companies. We provide access to early corporate customers, follow-on investors, and large tech communities including @iotconsortium + @foundersden + @techstars.
8/ We target $500K - $1.0M of initial invested capital at the pre-seed/seed stage, and approach every deal as a lead. We are looking for North American #DeepTech #startup teams with diverse skill sets, unique technical insights and grit. If that’s you - let’s talk. Build with us!
9/ PS - Union is more than a 2 GP fund and we want to shine a light on the larger team.
10/ @thomastlee (Stanford PhD, 10+ years #ClimateTech) and @AnnieLeChelman (fmr. Clarium, Juicero, Ops wizard) are fulltime and 2 current EIRs - @krioukov (fmr. @comfyapp Founder/CEO) and @tunadkat (fmr. @Motiv CEO, @AugustHomeInc VP, Basis VP Product).
