Y Combinator submitted a regulatory filing yesterday for a new venture fund named "Y Combinator Continuity Fund I LP." YC has yet to comment, but it looks like they'll soon be doing more investing at later stages. Kleiner Perkins announced the launch of Edge Fund, a new seed-stage investment initiative. KPCB will write $250,000 checks as uncapped convertible notes, and provide a suite of additional services including helping founders design and engineer code. Sketchfab, a marketplace for 3D files based in New York, announced a $7M Series A yesterday led by FirstMark Capital (details below). Matt Turck, who led the round for FirstMark, says we're in the midst of an evolution in 3D -- as the ways of consuming 3D content are broadening, it's being rapidly democratized.
Out of the 733 companies it has backed, Y Combinator has seen 106 exits. See the full list.
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