Investing
Billionaire Family-Backed Firm Raises $100 Million Venture Fund
- HighPost Capital founders are Mark Bezos and David Moross
- Their HIPstr venture arm owns stakes in half-a-dozen startups
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An investment firm founded by Jeff Bezos’ younger brother and a US private equity veteran that focuses on consumer bets has raised its first venture fund.
HIPstr, the venture arm of Mark Bezos and David Moross’ HighPost Capital, raised $100 million from investors including rich individuals and institutional firms for early-stage deals outside its traditional buyout focus, the West Palm Beach, Florida-based firm said Thursday in a statement.