Penny Jar Capital, the early-stage agency based by Bryant Barr and Richard Scudellari and the place basketball star Stephen Curry serves as a particular advisor, has filed to boost a Fund II with no goal quantity, in response to an SEC type filed in October.
The agency additionally filed in October to boost what seems to be a separate entity known as Fund II Collective, which additionally doesn’t have a goal quantity.
Penny Jar didn’t instantly reply to TechCrunch’s request for remark.
The agency beforehand filed to boost a Fund I in June of 2021, in response to an SEC submitting. That submitting has not been up to date but, although Pitchbook reviews the Fund closed for an undisclosed quantity that September. The agency has made round 18 investments, in response to Pitchbook — though its web site names 14 — in firms such because the web safety firm Upwind, the work-automated platform Ducky, and the net worker studying platform Praxis Labs.
Penny Jar Capital launched in 2021 and with it, Curry grew to become a part of the rising variety of athletes involving themselves in tech and the world of enterprise capital. Kevin Durant launched 35V, Serena Williams has Serena Ventures, whereas Milwaukee Bucks participant Giannis Antetokounmpo lately introduced he would launch a enterprise agency.
Barr was beforehand Curry’s enterprise supervisor and president of SC360, the entity launched to handle Curry’s model ecosystem. Scudellari, in the meantime, was an an funding accomplice at SC360. Curry helps the agency supply funding alternatives and “works behind-the-scenes [sic] to drive influence for the portfolio firms,” in response to Penny Jar’s web site.
