Bucher, who started her first company at 18, has a background in PR and became an angel investor in 2017 before starting Day One Ventures. The firm focuses on areas like AI, fintech, climate, future of work, and web3. With Fund III, Day One Ventures is adding a focus on "Future of Human," which Bucher describes as a category that intersects history and technology to unlock possibilities for human progress. Recent investments include Rainmaker, a cloud seeding startup, and Cradle Healthcare, which is developing technology to cryogenically freeze bodies.
Key takeaways:
- Masha Bucher, founder and general partner of Day One Ventures, has grown the firm from $11 million under management to over $450 million in five years. The firm has backed eight unicorns and had 22 exits, including an IPO with Terran Orbital.
- Day One Ventures announced its Fund III of $150 million to back early-stage founders addressing major global issues such as wealth disparities, climate change, and social isolation.
- Bucher, originally from Russia, started her first company at 18, a social media agency, before moving into public relations and venture capitalism. She cannot return to Russia due to her political stance.
- Day One Ventures is focusing on areas like AI, fintech, climate, future of work and web3. The firm's recent investments include Rainmaker, a cloud seeding startup, and Cradle Healthcare, which is developing technology to cryogenically freeze bodies.