Thread by @yoheinakajima

announcing untapped capital fund II

pre-seed, generalist, ~$250k checks

untapped capital started in 2020 with the focus on investing in founders outside of typical networks - this is still very much core to who we are

(we do a lot of outbound sourcing)

through fund 2, we became increasingly top-down (vs being reactive)

we identify trends early, dig into niches, build unique and early conviction, then proactively market or reach out to relevant startups

our build-in-public strategy is what we've become well known for

building and playing with the latest technologies in a public manner helps us better understand the tech, meet founders, and in some cases contribute to the ecosystem

we're best known for babyagi (first open source autonomous agent with task planning capability), but we've shipped many other early prototypes sharing ideas that we've seen become popularized later

my full build list: yohei.me

we're grateful for support from our incredible LPs, including @close_first, @reidhoffman, @sevensevensix, @osventuresllc, The EdgeOf, Motley Fool Ventures, 922 Capital, @dharmesh, @rrhoover, @kunoag, @michaeldtam, Max Dama, Eric Sprunk, and many more 🙏

@close_first @reidhoffman @sevensevensix @osventuresllc @dharmesh @rrhoover @kunoag @MichaelDTam our early fund II portfolio ranges across industries, heavily in ai:

Avol Aerospace, @DocDraftai, Olive, Basil Systems, @IllusionofLife, @PaymanAI, @FalkorDB, Anyreach, Salmon, @uselayers, @withneo, and a handful more we haven't announced yet :)

@close_first @reidhoffman @sevensevensix @osventuresllc @dharmesh @rrhoover @kunoag @MichaelDTam @DocDraftai @IllusionOfLife @PaymanAI @falkordb @uselayers @withneo we're excited to continue doing our part in the larger innovation ecosystem, building and playing with technologies, investing in amazing founders, collaborating with friends, and seeking ways to better the world through technology

appreciate you all 😆