NEWS: OC Could See $100 Million Fund Close by Mid-Year. Visionary Ventures Fund II Would be the First $100M Fund in OC….
The Visionary Ventures Fund II LP has set its sights on being the first $100 million venture fund in OC.
Octane — the multi-faceted organization and event presenter with a tech and life sciences accelerator in Aliso Viejo — created the fund and remains a general partner in it (as it did with the first fund).
The second fund focuses on ophthalmology and medical aesthetics.
Octane CEO Bill Carpou told OC Startups Now that the second fund is in the process of raising $100 million and could reach that target by the middle of the year.
Jeffrey Weinhuff is the managing partner of both funds.
See recent article about the funds here.