Mento VC, a San Francisco, California-based venture capital firm, is seeking to raise $55 million for its second investment fund, according to a regulatory filing with the US Securities and Exchange Commission (SEC).
The fund, operating under the name Mento VC Fund II LLC, has so far secured $3 million from a single investor.
SEC Filing Identifies Fundraising Details
Details of the fundraising were disclosed in a Form D filing submitted to the SEC.
The regulatory document confirms the fund’s $55 million target and reports that $3 million has already been raised.
Alexander Zhuravlev and Dmitrii Golomidov are listed as individuals associated with the fundraising.
Mento VC Focuses on Early-Stage AI Startups
Mento VC describes itself as a data-driven, early-stage venture capital fund focused on founders building artificial intelligence-native companies.
The firm uses an internally developed model that monitors more than one billion signals to identify promising founders at an early stage and support them in building their businesses.
Its second fund is expected to continue the firm’s investment focus on AI-native founders and emerging companies.
