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Alternative Assets  + VC  |  June 14, 2023
Kyber Knight Capital Debuts with $120M Fund Backed by All-Star Lineup
By: Joe Palmisano

Kyber Knight Capital Debuts with $120M Fund Backed by All-Star Lineup

Kyber Knight Capital, a venture capital firm co-founded by former Signia Venture Partners veterans Sunny Dhillon and Linus Liang, launched with a $120 million inaugural fund focused on pre-seed and seed investments in early-stage tech startups across commerce, AI, and labor.

The funding was backed by some high-profile investors, including Alphabet, Inc. Chairman John Hennessy; former Dreamworks Animation President Chris DeFaria; former President and CEO of eBay and Hewlett Packard Meg Whitman; previous Warner Brothers Chairman and CEO Kevin Tsujihara; and former Chairman and CEO of The Walt Disney Company Michael Eisner, among other big names.

Kyber Knight is also supported by institutional investors including McKinsey, the Smithsonian Museum Endowment and an unnamed major California pension fund, among others.

“Knowing the right people and getting in with quality customers early is essential to startup growth, especially at the pre-seed and seed stage. It can make or break a company,” said Dhillon.

The firm has already invested in 12 soon-to-launch companies. Investments range from robotics and automation in manufacturing and construction to sales enablement, e-commerce and AI technology.

San Francisco-based Kyber Knight plans to invest in approximately 40 to 50 companies with its debut fund.

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Kyber Knight Capital

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.