Pre-seed investment firm Groove Capital has launched its second fund, totaling $15 million.
Not yet closed, the new fund will begin making investments into early-stage companies starting the first quarter of 2023, Reed Robinson, founder and partner of Groove Capital, said in an interview. Along with the fund announcement, Mickayla Rosard, who has served as the head of platform for Groove since last year and leads the firm's angel-investing network, has joined Robinson as a partner at the firm.
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