Solari Capital Emerges from Stealth with $350M Deployed in High-Growth Ventures
What happened
Anthony Scaramucci’s venture firm, Solari Capital, has emerged from stealth, announcing it has deployed $350 million since its founding across early-stage deals, late-stage growth, and in-house incubation projects. Solari Capital’s backers include Ron Conway, Jim Breyer, Stephen Pagliuca, Eric Schmidt, and Peter Diamandis. Scaramucci also used his collectibles company to purchase a $2 million first-appearance Iron Man comic and a record-setting Pokémon card.
From fortune.com
Why it matters
The investment activity highlights the deployment of significant capital into high-growth and early-stage technology, which Scaramucci terms 'programmable reality.' The firm's structure demonstrates how venture capital is being deployed in markets ranging from specialized collectibles to advanced technology.
From fortune.com
Who's involved
- Anthony ScaramucciFounder of SkyBridge Capital and Solari Capital
- Eric SchmidtFormer CEO of Google and reported backer of Solari Capital
- Bain CapitalBain Capital co-chairman and reported backer of Solari Capital
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The entities involved
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Anthony Scaramucci
American financier and political figure (born 1964)
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Eric Schmidt
software engineer, businessman, former Google CEO
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Bain Capital
American alternative investment firm specialized in private equity, venture capital and credit products