The Navigation Fund (Jed McCaleb’s nonprofit)

Tracked participation in 1 Atlas company, with 1 explicitly attributed lead.

1portfolio companies

1round participations

1lead positions

$500Mled round total

Conviction

Most recent leads

The latest rounds this investor is sourced as leading, newest first.

Oct 2023Voltage ParkInitial funding / Strategic capitalization (GPU purchase by parent nonprofit)$500M

Capital activity

Portfolio

CompanyLatest valuationFirst → latestRoundsRoleAttributed partner

VPVoltage ParkNeocloudsVoltage Park (voltagepark.com) is a GPU infrastructure provider positioning itself as a “neocloud” and “AI Factory”…$1.9BraisedRecent roundsInitial capital / GPU chip purchase (seed by Navigation Fund) · Oct 2023$500M · Navigation FundInitial funding / Strategic capitalization (GPU purchase by parent nonprofit) · Oct 2023$500M · led by The Navigation Fund (Jed McCaleb’s nonprofit)Additional strategic grant (GPU capital)$900M · led by The Navigation Fund (Jed McCaleb’s nonprofit)Voltage Park—Oct 2023 → Oct 20231 round1 led—

DateCompanyRoundRaisedValuationRoleEvidence

Oct 30, 2023VPVoltage ParkNeocloudsVoltage Park (voltagepark.com) is a GPU infrastructure provider positioning itself as a “neocloud” and “AI Factory”…$1.9BraisedRecent roundsInitial capital / GPU chip purchase (seed by Navigation Fund) · Oct 2023$500M · Navigation FundInitial funding / Strategic capitalization (GPU purchase by parent nonprofit) · Oct 2023$500M · led by The Navigation Fund (Jed McCaleb’s nonprofit)Additional strategic grant (GPU capital)$900M · led by The Navigation Fund (Jed McCaleb’s nonprofit)Voltage ParkInitial funding / Strategic capitalization (GPU purchase by parent nonprofit)$500M—Lead

Source ↗

DateCompanyRoundRaisedValuationRoleEvidence

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