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Foundry Group is a venture capital firm focused on making investments in early-stage Internet and software startups. The firm launched its sixth fund in September of 2016, Foundry Group Next, with $500M. The firm's fifth fund of $225 million, was launched in July of 2015. Since its inception, Foundry Group has 70 active investments and 45 partner funds. The firm prefers to make small seed investments of $250,000 to $500,000 to help promising entrepreneurs across North America. Investment themes Foundry is currently pursuing include adhesive tech, distribution, human computer interaction, marketplace, and protocol. Except for Foundry's late stage fund, each fund has 30 investments (+/- 2) in it. Each is roughly invested 1/3rd into companies in Colorado, 1/3rd into companies in the Bay area, and 1/3rd into companies in the rest of the U.S. (Boston, NY, Seattle, LA, Portland, Austin, Minneapolis, Washington D.C., Burlington, and Phoenix).
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