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Penny Jar Capital , the former - stage house plant by Bryant Barr and Richard Scudellari and where hoops genius Stephen Curry serve as a particular adviser , has file to stir a Fund II with no target amount , according toan SEC conformation file in October .
The firm also filed in October to raise what seems to be a separate entity call Fund II Collective , which also does n’t have a target amount .
Penny Jar did not straight off respond to TechCrunch ’s asking for comment .
The firm antecedently file to raise a Fund I in June of 2021 , accord to an SEC filing . That filinghas not been updated yet , though PitchBook account the Fund conclude for an undisclosed amount that September . The firm has made around 18 investment , according to PitchBook — althoughits web site names 14 — in companies such as the cyberspace security company Upwind , the work - automatize platform Ducky , and the online employeelearning weapons platform Praxis Labs .
Penny Jar Capital launched in 2021 and with it , Curry became part of the increasing issue of athletes regard themselves in tech and the world of venture capital . Kevin Durant launch 35V , Serena Williams has Serena Ventures , and Milwaukee Bucks role player Giannis Antetokounmporecently announcedhe would launch a venture firm .
Barr was previously Curry ’s business manager and president of SC360 , the entity plunge to manage Curry ’s sword ecosystem . Scudellari , meanwhile , was an investing pardner at SC360 . Curry helps the unfluctuating rootage investing opportunities and “ works behind - the - scenes [ sic ] to drive encroachment for the portfolio company , ” according to Penny Jar ’s website .
