USA – Flying Fish Partners, a Seattle, WA-based artificial intelligence and machine learning focused venture firm, closed its second venture fund, Flying Fish Partners II, L.P., at $70 million.
Led by Geoff Harris, Heather Redman and Frank Chang, Flying Fish invests in the artificial intelligence (AI) and machine learning (ML) sector. The firm makes seed-stage investments in software and mixed hardware and software companies that use AI or ML as foundations to their businesses, provide AI and ML products and services, or provide tools to AI and ML practitioners. In Fund II, the team adds Adriane Brown as managing director. Brown is an accomplished executive and board member of Fortune 100 companies and previously served as a venture partner in Fund I. Vanessa Pegueros, a cybersecurity expert and seasoned executive who served as a venture partner in Fund I, continues to serve as a venture partner in Fund II. Flying Fish also adds Lisa Nelson, co-founder of M12 and an active advisor and independent board member, as a new venture partner in Fund II. Flying Fish has already made 10 investments in Fund II. Notable companies in the firm’s Fund I include Picnic, Symbl.ai, Reclaim and Phaidra. Portland-based standout Streem (sold to Frontdoor) was also an early investment in Fund I.19/05/2022
