H/L Ventures wraps up second early-stage fund at $24m

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  • CityRock Fund II’s core investments will begin in Series A
  • The fund also features a seed program to support the pre-Series A portfolio companies of the H/L Studios
  • CityRock Fund II’s investments include Automotus, Glacier Grid, Meroxa, Monument, Sealed, and Sorcero

H/L Ventures has closed its second early-stage venture capital fund at $24 million.

CityRock Fund II will invest in early-stage startups focused on solving challenges in areas such as climate and energy, healthcare, fintech, protective industries, and the future of work and workplace.

CityRock Fund II’s core investments will begin in Series A. The fund also features a seed program to support the pre-Series A portfolio companies of the H/L Studios.

“The combination of investment in high growth companies with positive impact and diverse leadership teams, along with our Daily Active Engagement model, is purpose-built for this era,” said Oliver Libby, managing partner at H/L Ventures and CityRock Ventures in a statement. “The world needs solutions more than ever, and the founders we are proud to invest in and support so staunchly strive both to solve global challenges for people and the planet, and to build valuable companies with strong economic outcomes. These goals are not only not mutually exclusive; they are complementary in our experience.”

CityRock Fund II’s investments include Automotus, Glacier Grid, Meroxa, Monument, Sealed, and Sorcero.

Based in New York City, H/L Ventures was founded in 2009.

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