Streamlined Ventures, led by Ullas Naik, secured $140 million in new capital commitments for its two newest funds. This brings the total funds managed to eight with the assets under management reaching about $325 million.
Institutional investors, family offices and high net worth individuals pumped $102 million into the firm’s fifth seed fund, which targets startups focused on data science, AI, software automation, APIs and Web 2.5. The second is $36 million into a third opportunity fund that invests in mid-stage financings of seed-stage companies from prior seed funds.
Naik is a solo general
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