Refactor

Happy to share Refactor's $50M Fund 4 is online! 🙌 I’m grateful to our existing investors who contributed 90% of the capital 💰. With this fund - entirely raised from US 🇺🇸 investors, I plan to continue writing lead pre-seed and seed checks into bio 💊 , climate 🌲 , and other hard tech 🏗 startups. Being a solo GP allows me to move fast, build trust quickly, and work closely with founders reshaping industries. I enjoy being super responsive, whether it’s minor questions or major fire drills. As some have amusingly said, #BetterCallZal ☎ #VC #SeedInvestment #SoloGP #Startup Thank you TechCrunch and Christine Hall for covering our news:

Massive congrats to Solugen for securing a nearly $214M💰💰loan commitment from the DOE to onshore critical chemicals manufacturing using corn 🌽 and biology ☘ here in the US! 🇺🇸 This is the same group at DOE (LPO = Loan Programs Office) that awarded Tesla 🚗 a loan in 2010 to help launch their first mass market product, the Model S. This loan will be used to build the next Bioforge in Minnesota. Only a handful of startups have ever received a loan from the LPO!! Special shout out to Solugen's founders Gaurab Chakrabarti, MD, PhD and Sean Hunt for leading the charge! 😃 💪🏽

Thanks, Nina Bilimoria Angelo!

Starting this week, I’m excited to be hosting small Refactor founder dinners🍲 at Burlingame’s new awesome vegan🥗 restaurant Twelve Month. It’s a beautiful space, one block from my office 🏢. Tomorrow’s group includes a handful of our bio founders building in therapeutics 🧬, devices❤️🩹, and diagnostics🔬. In a few weeks, we’ll have a climate founders dinner during SF Climate Week! 🌎 Future dinners will include both Refactor founders and those from the wider community. Building seed 🌱 stage companies can be lonely endeavors, so these events are a small way to bring these intrepid people together! 😀

Refactor had one of the busiest months ever in March! I invested💰in startups building cancer therapeutics 🧬, underwater data centers 🌊, novel biomaterials for faster healing ❤️🩹, and soil remediation 🌎. We also backed up the truck 🚛 in a few high-performing co’s. 🚀 Love this job!! 😀💪🏽