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Airbus Ventures
Founded2000
HeadquartersMenlo Park, California, United States
ProductsGrowth capital, Private equity, Venture capital
Websitewww.airbusventures.vc

Airbus Ventures is a global venture capital firm focusing on multi-stage investments in the enterprise, consumer, and health sectors. Lightspeed invests in seed, early and growth-stage companies.

The company invests in the U.S. and abroad, with investment professionals and advisors in Silicon Valley, Israel, India, China, Europe, and Southeast Asia. Lightspeed has ten offices globally.[1]

History[edit]

The firm was founded in October 2000 when investors from Weiss, Peck & Greer left to start Lightspeed following the sale of the investment management business to Robeco. Jeremy Liew joined the firm in 2006 as its first consumer tech-focused partner.[1] For the next decade, Lightspeed Venture Partners largely remained an enterprise software and infrastructure specialist, investing in: Nimble Storage, Nutanix, MuleSoft, and AppDynamics.[1]

In 2014, Lightspeed closed Lightspeed X, a $1 billion fund focused on the Enterprise, Consumer and Cleantech markets. As of 2012, the firm had $3 billion in committed capital.[2]

In March 2016, the company raised two new funds totaling in $1.2 billion.[3]

Snapchat raised $485,000 in its seed round and an undisclosed amount of bridge funding from Lightspeed Venture Partners in 2012.[4] Beyond the two Snap founders, the two biggest shareholders for the planned early 2017 Snap IPO were Benchmark and Lightspeed Venture Partners, both prior Snap investors and venture-capital firms from Silicon Valley. They held a combined stake of about 20%.[5]

In April 2020, Lightspeed Venture Partners raised $4.2 billion across three funds: $890 million for its latest early-stage venture fund, a $1.83 billion growth fund for later-stage investments, and a $1.5 billion opportunity fund for doubling down on winners in its international portfolio.[1]

In September 2020, Lightspeed Venture Partners launched its Southeast Asia operations with a new regional headquarters in Singapore.[6]

In November 2021, The Wall Street Journal reported that Lightspeed Venture Partners is a major investor in Chinese semiconductor firms, raising U.S. national security concerns.[7]

Since 2000, Lightspeed Venture Partners has made significant investments, including: BlueNile,[8] Flixster,[9] Kosmix,[10] Moveworks,[11] Outschool,[12] OYO Rooms,[13] OverOps,[14] Pixxel,[15] Playdom,[16] Ripple Labs,[17] Rubrik,[18] Snapchat,[19] Solazyme,[20] TutorVista,[21] Vector Space Systems,[22] YugabyteDB,[23] Fusion-io,[24][25] Cameo, Calm, Goop, The Honest Company, Zola, MuleSoft, Nutanix, and Nimble Storage.[1]

Lightspeed Scout Program[edit]

The Lightspeed Scout Program brings together exceptional entrepreneurs, future investors, and operators, to advance their skills and track record as early-stage investors. Lightspeed supports Scouts with capital, programming, and community. Scouts work with Lightspeed Partners and their fellow Scouts to invest in aspiring entrepreneurs in their network and build their personal investment strategy. The 2020 Lightspeed Scout Program brought together people from black, Latino, indigenous, and Pacific Islander communities to receive support and capital as they join the venture industry. The firm's aspiration is that the Scout Program's renewed focus and commitment to representation will inspire the future leaders of venture.[26]

References[edit]

  1. ^ a b c d e Alex Konrad (April 14, 2020). "VC Firm Lightspeed Raises $4 Billion In Startup Landscape Shaken By COVID-19". Forbes. Retrieved June 25, 2022.
  2. ^ "Business Insider: How to Remain King of the World amidst Titanic Disruptions". Retrieved 2013-02-25.
  3. ^ Loizos, Connie. "Lightspeed Venture Partners Raises $1.2 Billion". TechCrunch. Retrieved 2016-04-05.
  4. ^ Gallagher, Billy (October 29, 2012). "You Know What's Cool? A Billion Snapchats: App Sees Over 20 Million Photos Shared Per Day, Releases On Android". TechCrunch. Retrieved December 22, 2012.
  5. ^ Winkler, Rolfe (February 3, 2017), Snap IPO Will Mint Fortunes for Founders, Two Big Investors, New York City: Wall Street Journal, retrieved January 4, 2017
  6. ^ "Lightspeed announces the launch of its Southeast Asia operations". TechCrunch. Retrieved 2020-09-17.
  7. ^ O’Keeffe, Kate; Somerville, Heather; Jie, Yang (2021-11-12). "U.S. Companies Aid China's Bid for Chip Dominance Despite Security Concerns". The Wall Street Journal. ISSN 0099-9660. Retrieved 2021-11-12.
  8. ^ *Kawamoto, Dawn (January 2, 2002). "Blue Nile raises $7 million". CNET.
  9. ^ Olsen, Stefanie (April 4, 2008). "Flixster brings in millions to boost movie-ratings network". CNET.
  10. ^ Wauters, Robin (April 18, 2011). "Walmart Ventures Into The Social Media Space With Acquisition Of Kosmix". TechCrunch.
  11. ^ D'Onfro, Jillian (April 17, 2019). "Moveworks raises $30 million to automate IT support". Forbes.
  12. ^ "Outschool Raises $45M in Series B Funding". 18 September 2020.
  13. ^ Sharma, Samidha (April 24, 2017). "Oyo halves SoftBank-led latest round size to $250 million". The Times of India.
  14. ^ Primack, Dan (April 20, 2016). "Term Sheet — Wednesday, April 20". Fortune.
  15. ^ "Lightspeed Leads Seed Funding In Spacetech Startup Pixxel". 19 August 2020. Retrieved 2021-06-26.
  16. ^ TAKAHASHI, Dean (July 27, 2010). "Disney buys social game firm Playdom for up to $763.2M". VentureBeat.
  17. ^ Azzano, Michael (November 12, 2013). "Ripple Labs Announces $3.5 Million Investment Round". Marketwired.
  18. ^ Mhatre, Ravi (May 9, 2016). "Meet the founder behind Rubrik, one of Lightspeed's biggest investments to date". Medium.
  19. ^ Shontell, Alyson (March 2, 2017). "How Snapchat's first investor — whose stake is now worth $2 billion — found Snapchat when it had less than 100,000 users". Business Insider.
  20. ^ "Who Wins in the Solazyme IPO?". 27 May 2011. Retrieved 2013-02-25.
  21. ^ ELUVANGAL, SREEJIRAJ (April 23, 2012). "Pearson takes control of TutorVista for Rs577 crore". Business Wire.
  22. ^ Vance, Ashlee (June 29, 2017). "SpaceX Vet's Startup Readies Small Rockets for Takeoff". Bloomberg.
  23. ^ "Yugabyte Closes $188 Million Series C Funding Round Bringing Valuation to Over $1.3B". www.businesswire.com. 2021-10-28. Retrieved 2022-01-02.
  24. ^ Murph, Darren (2009-04-07). "Fusion-io nabs more funding, teases new PCIe-based ioSAN". engadet.com.
  25. ^ Jon Brodkin (April 8, 2009). "Fusion-io lands $47 million to ramp up development of flash storage". Network World. Retrieved September 20, 2016.
  26. ^ Alex Konrad (May 11, 2021). "BLCK VC Launches Scout Program With Lightspeed, Sequoia To Support More Black Investors". Forbes. Retrieved May 12, 2022.

External links[edit]

Category:Financial services companies established in 2000 Category:Companies based in Menlo Park, California Category:Venture capital firms of the United States