Penny Jar Capital, the early-stage agency based by Bryant Barr and Richard Scudellari and the place basketball star Stephen Curry serves as a particular adviser, has filed to boost a Fund II with no goal quantity, in accordance with an SEC type filed in October.
The agency additionally filed in October to boost what seems to be a separate entity known as Fund II Collective, which additionally doesn’t have a goal quantity.
Penny Jar didn’t instantly reply to TechCrunch’s request for remark.
The agency beforehand filed to boost a Fund I in June of 2021, in accordance with an SEC submitting. That submitting has not been up to date but, although PitchBook reviews the Fund closed for an undisclosed quantity that September. The agency has made round 18 investments, in accordance with PitchBook — though its web site names 14 — in corporations such because the web safety firm Upwind, the work-automated platform Ducky, and the web worker studying platform Praxis Labs.
Penny Jar Capital launched in 2021 and with it, Curry grew to become a part of the growing variety of athletes involving themselves in tech and the world of enterprise capital. Kevin Durant launched 35V, Serena Williams has Serena Ventures, and Milwaukee Bucks participant Giannis Antetokounmpo just lately introduced he would launch a enterprise agency.
Barr was beforehand Curry’s enterprise supervisor and president of SC360, the entity launched to handle Curry’s model ecosystem. Scudellari, in the meantime, was an funding associate at SC360. Curry helps the agency supply funding alternatives and “works behind-the-scenes [sic] to drive influence for the portfolio corporations,” in accordance with Penny Jar’s web site.
