The Yard Ventures Community Newsletter — June 2022

Content at the intersection of entrepreneurship, venture capital, and our Harvard community.

Bridge over the Charles River
Written by

Michael Madden

Published on

IN THIS ISSUE: Fund 7 open now, upcoming live discussion with The Yard’s team, our investment in skincare device Droplette, and more.

The Yard Ventures Fund 7 Open Now

Interested investors should click below to create an account and login to our data room to access all fund materials. If you have any investing questions, connect with us for a short 1×1 call.

An Overview of The Yard Ventures and Fund 7

Wednesday, June 8, 1:00 PM ET

Join Managing Partner Michael Madden and our team for an overview of The Yard Ventures, AV’s fund for the Harvard community. Partner Lee Rawlings (HBS ’01) and Principal Alex Attard-Manché (HBS ’20) will introduce themselves and share their outlook for Fund 7. We will record the session and share with all who register.

The Yard Portfolio Update

Droplette (YV5) has developed a hand-held facial skincare device that generates a powerful yet gentle nano-mist to infuse scientifically proven active ingredients deep into the skin — delivering 10x the outcomes of topical creams and serums. The Yard participated in Droplette’s $15.4 million Series B co-led by Victress Capital and Spark Capital, with additional participation from Bolt and Amplifyher Ventures.

FOR CURRENT INVESTORS

Thinking of becoming an investor? Access Materials »

A Deep Dive Into Valuations

Our latest eGuide discusses how early-stage companies are valued, methods venture capitalists use to assess a company’s worth, how these numbers change across different fundraising stages, and more. Visit our Club portal to read the piece and other exclusive content from Managing Partner Michael Madden and our team. Visit Club Portal »

Campus and Community Update

Seven alumni have been elected as new members of Harvard’s Board of Overseers, the university’s senior governing board. Additionally, six alumni were elected as directors of the Harvard Alumni Association. Read More »

What’s New at Alumni Ventures

Our Perspective on the Growth of ClimateTech Investing

According to a PitchBook report, global investors closed as many climate-focused funds in 2021 as were raised during the previous five years combined. Alumni Ventures Managing Partner Matt Caspari and Partner Erik Hammer spoke with Venture Capital Journal to discuss the influx of capital VCs are deploying into ClimateTech. Read More »

AV Talent Referrals

Interested in joining a cutting-edge startup or know someone who might be? Our portfolio companies are growing and always looking for high-caliber talent. Check out their open positions on our job board. If you find a match, fill out this short form, and we will try to make a personal referral. Visit Job Board »

Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.