Consumer tech-focused Binary Capital seeks second fund

San Francisco-based Binary Capital, which raised $125 million for its debut fund in 2014, is seeking a second fund. No target is listed on the firm’s regulatory document. The firm, led by Justin Caldbeck and Jonathan Teo, focuses on early-stage consumer tech and has backed gaming platform Unikrn, the artificial intelligence bot platform Assist and the moving services provider Bellhops, among others. Binary Capital’s staff also includes Tiffany Zhong, now 19, who was featured in the New York Times last year. Interested in emerging managers? Check out Emerging Manager Connect on July 19 at the Harvard Club in New York.


Link to Full Article: Consumer tech-focused Binary Capital seeks second fund