Fotisix today announced the close of Fund II, a $30 million vehicle that extends the firm’s original thesis: back technology-driven founders early, and stay close long after the first check. The new fund brings Fotisix’s total assets under management past $40 million, three years after the firm’s first close.
The focus hasn’t changed — only the capacity to act on it. Fund II will continue investing across the same four areas Fotisix has built conviction in since day one: artificial intelligence, fintech, sustainability, and health. Rather than broadening into new categories, the firm is doubling down on the belief that depth in fewer sectors compounds faster than breadth across many.
“We didn’t raise this fund to do more things — we raised it to do the same thing, better, and for more founders,” said the firm’s founding partner. “Fund I taught us where our conviction actually holds up under pressure. Fund II lets us write bigger first checks and reserve more for the founders who prove us right.”
For founders, little changes procedurally: pitches still reach a partner directly, with a response inside five business days. What changes is capacity — Fund II allows for larger initial investments and deeper follow-on reserves, particularly for later-stage rounds where Fotisix has historically had to step back.
The announcement comes on the heels of the firm’s first exit and a portfolio that has grown to fourteen companies. Fotisix says it plans to keep that same ratio of attention to capital as the fund scales — fewer companies, backed harder, rather than a wider net cast thinner.
- Fund II sizing ($30M, bringing total AUM to ~$40M) — scaled proportionally from the current $14M AUM rather than an arbitrary big number, since a sudden jump to “$400M fund” would contradict the young, disciplined-early-stage story the rest of the site tells.
- No named partner — I left the quote attributed to “the firm’s founding partner” since we haven’t generated named team bios yet; once the Team section exists, this should get a real name and title for extra credibility.
- Kept it un-hyped — no “thrilled to announce” or “exciting milestone” language, consistent with the plain, confident tone the rest of the site uses (e.g., “conviction before consensus,” “no gatekeeping, no black hole”).