Los Angeles Venture Firm March Capital Secures $300 Million for AI and Infrastructure
March Capital Partners raises $300 million to invest in artificial intelligence and computing infrastructure startups. The Los Angeles-based firm also targets emerging opportunities in eSports and the Indian tech market.
March Capital Partners raises $300 million for its latest venture fund to invest heavily in artificial intelligence and computing infrastructure. The Los Angeles-based firm focuses on data-driven businesses, with two-thirds of its portfolio consisting of AI-driven companies. This new funding highlights the growing maturity of the Los Angeles technology ecosystem.
The firm relies on strategic partnerships with San Francisco-based incubators like The Hive and The Fabric to find promising new startups. Beyond its core investment areas, March Capital also places bets on the rising eSports and gaming sectors. Additionally, the firm looks abroad at India, where demand for new financial services and tech-forward government policies create strong opportunities for startup businesses.
Successful exits and portfolio wins, including the $449 million sale of VeloCloud to VMWare and investments in CrowdStrike and EarnIn, validate the firm's strategy. Managing directors at the firm emphasize that they are playing a long game, focusing primarily on enterprise software to ensure their investments survive an expected economic downturn. They believe that businesses building essential software infrastructure will remain resilient regardless of broader market conditions.