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June 9, 2016 04:06 pm GMT

Sherpa Capital raises $470 million in new capital and launches two new funds

Shervin Pishevar and Scott Stanford, SherpaSherpa Capital, the private capital fund run by Scott Stanford and Shervin Pishevar, has closed on $470 million and launched two new funds:SherpaVentures II, an early stage venture fund and a mid-stage fund called SherpaEverest, bringing the total now raised up to $630 million.The three-year-old venture firm backing startups like Uber, SpaceX and Hyperloop One (where Pishevar is a… Read More

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