Massive VC Adds Partners To Raise Fund

Massive VC, founded in 2020 by David Mandell and Ari Newman, has promoted Maggie Rodney to partner and added Matthew Klein as it seeks to raise an eight-figure inaugural fund. The firm, with $25 million in assets under management and $10 million invested across 16 companies, plans six-to-eight annual investments of $750,000-$3 million focused on deep-tech sectors like quantum, space and AI infrastructure. The fund aims to speed deal execution and support later-stage regional companies.
Key Points
- 1Adds two partners: Maggie Rodney promoted and Matthew Klein joins to expand leadership and deal capacity
- 2Prioritizes deep-tech: focuses on quantum, space, energy and AI infrastructure to capture long-term sector growth
- 3Plans fund: pursuing an eight-figure first fund to enable six–eight investments annually with $750,000-$3 million checks
Scoring Rationale
Firm-level fundraising and partner hires signal meaningful deep-tech intent, limited by regional focus and limited new data.
Sources
Public references used for this report.
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