Ex-Putin acolyte launches early-stage VC firm Day One Ventures

Author: Bérénice Magistretti / Source: VentureBeat

Masha Drokova has had a busy year, tapping into her PR network and sourcing limited partners (LPs) to back her first venture capital firm. Today, the 28-year-old angel investor announced the launch of Day One Ventures, an early-stage VC firm that funds startups and spearheads their PR and marketing campaigns.

The San Francisco-based firm will focus on eight areas: AI, AR/VR, quantum, financial tech (including blockchain), education tech, health care, marketplaces, and self-driving cars. It plans on investing between $100,000 and $1 million in each startup.

Although Drokova declined to comment on the firm’s target fund size, The Wall Street Journal reported her saying last May that it will not be more than $50 million.

So far, Day One Ventures has invested in 14 startups, including Lvl5, a Y Combinator alumnus founded by former Tesla and iRobot engineers; DigitalGenius, provider of machine learning technology for customer service; and Piper, an education…

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