BRONCO VENTURE FUND i limited partner overview

fund target

Early stage growth ventures originating from Santa Clara University’s Bronco Venture Accelerator and Sobrato Center for Discovery and Innovation

Fund Size

$10 million
Over 90% committed

investment period

Five years with life of fund ten years

typical deal size

Pre-seed : $50K-$100K
Seed and Series A (follow ons and co-investments with leading Silicon Valley VC's): $100K to $500K

initial deals

Wificoin $3.5 million Series A round led by Coinfund for DeFi offering enabling bandwidth to be tokenized and traded on smartphones
Robotire $7 million Series A round led by Discount Tire for robotics systems providing tire changes and vehicle maintenance
OnePointOne $25 million Series A round for automated indoor vertical aeroponics
Breinify $6 million Seed for AI-driven B2B platform personalizing customer experience
Sturdy $4 million Seed round for music industry NFT exchange; co-investors include Coinbase and Dapper Labs (NBA Top Shot)

general partners

Morgan Slain (GP): Director, SCU Bronco Venture Accelerator; Venture Partner, UP2398 (Pierre Omidyar’s VC fund); 3-time founder/CEO with exits including Google
Alexi Sevastopoulos (Operating Partner): co-founder, Armature Systems

limited partners

By invitation or referral only
$50K minimum commitment; $2 million maximum commitment
20% of capital called each year over five years
Current LP’s include Canyon Oak Ventures, H3 Funds, Santa Clara University Endowment Fund, family offices, and individual accredited investors

fee structure

Two and a half percent management fee, 20% carried interest