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The Chainsmokers' Mantis Ventures closes $100M third fund
The Chainsmokers' Mantis Ventures closes $100M third fund

Yahoo

time16-07-2025

  • Business
  • Yahoo

The Chainsmokers' Mantis Ventures closes $100M third fund

Mantis Ventures, the venture capital firm co-founded by Alex Pall and Drew Taggart of the electronic DJ group The Chainsmokers, has raised $100 million in commitments for its third fund. At $100 million, the firm's newest fund is 25% larger than Mantis' previous $80 million fund, a notable achievement at a time when many venture firms are struggling to maintain their existing fund sizes or secure new capital. Mantis has invested in B2B companies, such as cybersecurity firm Chainguard and AI financial analyst startup Rogo, where the value of their celebrity status may not be immediately apparent. While most celebrity VCs focus on consumer companies, Pall and Taggart told TechCrunch last fall that their primary interest lies in B2B startups, where they see significant opportunities. The duo has found a way to use their fame to help their portfolio companies, nonetheless. The Chainsmokers have played private shows for nearly every Fortune 500 company, Pall said, and that experience has helped build a network that the firm is leveraging for customer introductions. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Chainsmokers' Mantis Ventures closes $100M third fund
The Chainsmokers' Mantis Ventures closes $100M third fund

TechCrunch

time15-07-2025

  • Business
  • TechCrunch

The Chainsmokers' Mantis Ventures closes $100M third fund

In Brief Mantis Ventures, the venture capital firm co-founded by Alex Pall and Drew Taggart of the electronic DJ group The Chainsmokers, has raised $100 million in commitments for its third fund. At $100 million, the firm's newest fund is 20% larger than Mantis's previous $80 million fund, a notable achievement at a time when many venture firms are struggling to maintain their existing fund sizes or secure new capital. Mantis has invested in B2B companies, such as cybersecurity firm Chainguard and AI financial analyst startup Rogo, where the value of their celebrity status may not be immediately apparent. While most celebrity VCs focus on consumer companies, Pall and Taggart told TechCrunch last fall that their primary interest lies in B2B startups, where they see significant opportunities. The duo has found a way to use their fame to help their portfolio companies, nonetheless. The Chainsmokers have played private shows for nearly every Fortune 500 company, Pall said, and that experience has helped build a network that the firm is leveraging for customer introductions.

The Chainsmokers' VC Firm Mantis Raises $100 Million in Fresh Funding
The Chainsmokers' VC Firm Mantis Raises $100 Million in Fresh Funding

Bloomberg

time15-07-2025

  • Business
  • Bloomberg

The Chainsmokers' VC Firm Mantis Raises $100 Million in Fresh Funding

Mantis, the venture capital firm co-founded by members of the band the Chainsmokers, has raised $100 million for its latest fund — a cash haul that demonstrates unusual longevity for celebrity investors. This is the third fund for the venture firm, which was founded in 2019, and brings its assets under management to $225 million. The musical duo Alex Pall and Drew Taggart are general partners at Mantis, investing alongside Jeffrey Evans and Milan Koch.

The Chainsmokers is bringing their concert to Macau in June
The Chainsmokers is bringing their concert to Macau in June

Time Out

time30-04-2025

  • Entertainment
  • Time Out

The Chainsmokers is bringing their concert to Macau in June

The Grammy Award-winning duo The Chainsmokers is set to bring their thumping beats to Macau this summer. Fans of EDM can catch Drew Taggart and Alex Pall at The Venetian Macao on Saturday, June 28. Blending pop, dance, indie, electronic, and alt-rock, these two DJs and producers have been known to create chart-topping bangers over the years, such as Don't Let Me Down featuring Daya, Closer featuring Halsey, Something Just Like This with Coldplay, Takeaway with Illenium and Lennon Stella, and many more. Concert-goers can most likely expect a mix of these iconic hits and newer tracks from The Chainsmokers' more recent EPs 'No Hard Feelings' and 'Summertime Friends'. The pair has also recently been going back to their progressive house roots, releasing remixes only on their Soundcloud

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