Lux Capital Targets $300 Million for New Compute Leaders Fund as Venture Firm Expands Investment Strategy

Adeayo Oluwasewa Badewo
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Lux Capital, a New York City-based venture capital firm, is seeking to raise up to $300 million for a new investment fund called Lux Compute Leaders, L.P.

Details of the fundraising were disclosed in a filing submitted to the US Securities and Exchange Commission (SEC).

Peter Hebert and Josh Wolfe Named in Filing

The SEC document identifies Peter Hebert and Josh Wolfe as individuals involved in the fundraising effort for Lux Compute Leaders, L.P.

The filing provides details of the new fund and its fundraising target.

Lux Capital Manages More Than $5 Billion in Assets

Lux Capital invests in emerging science and technology companies operating at the forefront of innovation.

Over the past two decades, the firm has expanded beyond its New York City origins to establish a presence in Silicon Valley.

It has grown into a venture capital business with more than $5 billion in assets under management and a team of over 30 full-time professionals.

Firm Invests Across Different Stages

Lux Capital’s investment team comprises professionals with a broad range of technical backgrounds.

The firm invests across various stages of company development, with investment amounts ranging from $100,000 to $100 million.

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About Adeayo Oluwasewa Badewo

A performance driven and goal oriented young lady with excellent verbal and non-verbal communication skills. She is experienced in creative writing, editing, proofreading, and administration. Oluwasewa Badewo is also skilled in Customer Service and Relationship Management, Project Management, Human Resource Management, Team work, and Leadership with a Master's degree in Communication and Language Arts (Applied Communication).