306m

For the firm that calls itself “the first check in deep tech,” the last check for SOSV’s latest $306 million fund took a bit longer than founder Sean O’Sullivan would have liked. “We’re concentrating and double doubling down on deep tech,” O’Sullivan said. We’re doing a fewer number of companies, more like 80 deep tech companies per year. O’Sullivan said that SOSV intends to invest about 70% of the funds in climate tech companies, 25% in health tech, and the remaining 5% will be reserved for opportunistic investments. “We have a special place to serve because we do deep tech, because we do get into the biology, we do get into the chemistry, the physics and the electronics.