Investor Type | Firm |
Industries | IT (& TMT) |
Stages | Early,Seed |
Investing | United States |
Investment Range | $12,150,000 - $12,150,000 |
Falcon Fund, established in 1982, is a modest-sized private venture capital firm with a focus on seed and very-early-stage investments, emphasizing the telecommunications, software, and specialty aerospace sectors. They actively engage with young companies, often extending their support to ventures that are in their infancy, featuring incomplete management teams and barely developed business plans. Their investment strategy is distinctive as they are open to providing not only financial backing but also housing and fundamental services to nascent companies during their initial months at subsidized rates. Falcon Fund holds a strong preference for investing in companies that are based or ready to set up operations in Southern California, demonstrating a commitment to fostering regional business growth. The principal of Falcon Fund, Edward F. Tuck, brings to the firm an extensive background in venture capital management dating back to 1986. His experience is augmented by his instrumental role in the inception or development of several prominent companies including Teledesic Corporation, Magellan Corporation, Applied Digital Access, and Endgate Corporation, which is currently recognized as Endwave and trades on NASDAQ under the ticker ENWV. Furthermore, Falcon Fund maintains a collaborative alliance with Hallador Partners III, another seed and early-stage fund. This relationship potentially allows for co-investment opportunities in projects that align with Hallador's investment criteria. Falcon Fund's investment range is very specific, offering a maximum and minimum of $12,150,000, focusing on ventures that align with their specialities in the seed and early-stage segments of business development.