Geoffrey Woo and Jake Paul, managing partners of Anti Fund, just announced the closing of their oversubscribed $100 million Anti Fund Growth I.
Growth I already includes investments in OpenAI, Anduril, SpaceX, Cognition, Saronic, Etched, Helion, Erebor, and Modal, among other companies across artificial intelligence, frontier infrastructure, pre-IPO technology and more.
With the new close, Anti Fund’s assets under management have grown to more than $180 million, the partners say.
The Miami-based Anti Fund’s second fund expands the firm’s barbell investment strategy across both venture and growth-stage companies. “Anti Fund was built to back exceptional founders before the market fully understands them,” said Woo, Anti Fund’s founder.
The firm’s first fund, Venture I, is focused on the earliest stages, and closed at $30 million in December. Now, Growth I concentrates capital behind companies where technical edge, product judgment, customer urgency, and market timing are turning into institutional-scale value, Anti Fund’s partners said.
“Venture I lets us invest at the earliest stages, when taste and conviction matter most. Growth I lets us keep backing and turbocharging the same kind of founders later, when they are running the companies that define our generation,” said Woo.
Founded in 2021, Anti Fund concentrates its investments in AI, robotics, defense, energy, frontier infrastructure and select consumer technology. The fund is backed by a global base of limited partners, including Aquarian Holdings, an anchor investor across both Anti Fund Venture I and Growth I through its investment advisory platform, which manages roughly $27.1 billion in AUM. Also among the LPs of Growth I are FocusPoint Private Capital Group; investor and former partner at D.E. Shaw, Daniel Michalow; Matt Holt, founder of Thoreau Group and former managing director and president of private equity at New Mountain Capital; Athanor Capital; and Hut 8 Corp CEO Asher Genoot.
As operators backing operators, Woo, Paul and General Partner Logan Paul [all pictured above] have built and scaled companies across industries.
“At the earliest stages, founders need believers. As companies scale, the most successful founders look for partners who can both support and challenge them to go further. Anti Fund is built for both,” said Jake Paul, the influencer, boxer and co-founder of Miami-based Betr.
READ MORE IN REFRESH MIAMI:
- Anti Fund closes $30M Fund I, adds Logan Paul as general partner
- Lightning Capital launches $100M fund as Miami’s venture scene enters a new phase
- Govo Venture Partners doubles down on GovTech with launch of $100M Fund 2
- Saxon Baum on Miami’s reset, Florida Funders’ next phase, and the work still left to do
