MaC Venture Capital (VC) has closed its third fund, raising $150 million to invest in seed-stage technology companies, now managing $600 million in assets. Founded in 2019 by Marlon Nichols, Adrian Fenty, and Mike Palank, MaC VC aims to support innovative startups with investments ranging from $2 million to $3 million. The firm has notable investments in diverse sectors and is expanding its reach into Africa. Despite challenges in fundraising for Black founders, MaC VC has achieved impressive returns, exemplified by the acquisition of Wonder Dynamics. The firm emphasizes strategic guidance and seeks talent beyond traditional boundaries.

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