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Eva Ho plans to step away from her position as general partner at Fika Ventures , the Los Angeles - based seminal fluid business firm she co - founded in 2016 .
Fika tell LPs of Ho ’s intention to maltreat back after Fund III , the firm ’s current fund , in an email , according to multiple sources familiar with the matter . Fika confirmed the conversion to TechCrunch sooner this week and released ablog postmentioning the conversion this dawning . Fika ’s other founding general partner TX Zhuo will remain with the fund .
“ Eva is step back for personal reasons . She trusts the existing squad to take it forward , ” a fund representative tell TechCrunch .
Ho is known in Silicon Valley circles as one of the founding VCs at All Raise , a internet of adult female investors that aims to meliorate deal stream for fair sex and memory access to upper-case letter for female and underrepresented founder .
Ho will maintain control over her existing investments and gameboard tail end and will continue active at the firm while it deploy the rest of Fund III , which still has capital leave to endue .
Ho sits on more than several inauguration boards , include Elementary , a humanoid robotics company ; FairClaims , a legal tech startup focus on dispute ; and Upwards , an low-priced child care platform , among others . During her time at Fika , the firm evoke more than $ 300 million across three flagships fund and one opportunity investment firm .
Prior to Fika , Ho was plant general partner at seed - focused Susa Ventures . She was at the house from 2013 through 2017 and helped invest Susa ’s first two store , which raised a collective $ 75 million .
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Ho also sit on the display board of several nonprofit organization , including Common Crawl , an organization focused on keeping internet front crawl data point public , and California Community Foundation , which give Ulysses Grant to local organizations in Los Angeles .
Ho joins an more and more growing list of venture capitalist who are leaving their current firms through contrive and unplanned exits this year . So far in 2024,TechCrunch has countedmore than 11 moves in VC , the majority of which were at the spouse or general cooperator level .
This small-arm has been update to better reflect Ho ’s current board position .
