Investor Type | Firm |
Industries | IT (& TMT) |
Stages | Early,Seed |
Investing | United States |
Investment Range | $12,150,000 - $12,150,000 |
Founded 1982, Falcon Fund is a small, private venture capital fund specializing in seed and very-early-stage investments. The Fund invests primarily in young companies in the telecommunications, software and specialty aerospace industries. The firm is willing to invest in ventures without complete management teams, and with very rudimentary business plans. If appropriate, the Fund will provide housing and basic services for new companies in their first months at cost. Falcon prefers to invest in companies located or willing to locate in Southern California. Falcon Fund's principal, Edward F. Tuck, has managed venture capital funds since 1986. He founded or participated in founding several companies including Teledesic Corporation, Magellan Corporation, Applied Digital Access, and Endgate Corporation (now Endwave, NASDAQ: ENWV). Falcon has a relationship with Hallador Partners III, a seed and early-stage fund, in which Hallador may co-invest in situations which fit their criteria.