MaC Venture Capital Boosts Early Investments with New Fund
Funding | Mar 25, 2025 | MaC Venture Capital
MaC Venture Capital, formed from the merger of two firms in 2019, has successfully accumulated $600 million in assets under management in just six years. Recently, the firm raised its third fund, securing $150 million, to continue its investment strategy focused on supporting companies in their early stages of development. Based in Hollywood, and led by Michael Palank, the firm leverages his extensive experience in the media and tech sectors. This new funding will bolster its efforts to target high-potential startups seeking early-stage capital.
Sectors
- Venture Capital
- Media and Technology
Geography
- United States – MaC Venture Capital is headquartered in Hollywood, USA, indicating a primary geographical focus in the US market.
Industry
- Venture Capital – The article is centered on MaC Venture Capital, a firm specializing in early-stage startup investments.
- Media and Technology – Michael Palank has a background in media and technology sectors, influencing the firm's investment decisions.
Financials
- $600 million – Total assets under management by MaC Venture Capital.
- $150 million – Amount raised in MaC Venture Capital's third fund to continue early-stage investments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MaC Venture Capital | Investor | Company | A venture capital firm specializing in early-stage investments, with $600 million AUM. |
| Michael Palank | Partner | Person | Michael Palank is a partner at MaC Venture Capital, with a background in media and tech sectors. |