Every public signal F4 has attached to this firm, with sources and cross-entity links.
Milestone
Stoke Space raised $1B Series E to accelerate development of Nova family of fully reusable launch vehicles. Tango.vc is an early investor with Fund I stake now worth 15X.
Ivan Kirigin published an essay analyzing the economics of $1B 'seed rounds' in AI, explaining why traditional seed investors can't participate and the implications for founders on board control and exit expectations.
Ivan Kirigin published a detailed LP update covering Fund I (2.2X TVPI, 18.2% net IRR, 80th percentile) and Fund II (outlier above 90th percentile), announced the Tango Opportunity Fund for late-stage investments, and shared portfolio news on Stoke Space, Coram, Hydra Host, and Ultra Robotics.
Tango.vc announced the first Tango Opportunity Fund, a late-stage vehicle investing $5M average per deal in 8-12 portfolio companies, targeting later-stage rounds from seed fund winners.
Ivan Kirigin published a public LP update showing Fund I at ~80th percentile and Fund II off the chart above 90th percentile on net IRR by vintage year, and announced the new Opportunity Fund vehicle.
Ivan Kirigin announced the first Tango Opportunity Fund, a concentrated late-stage follow-on vehicle targeting 8-12 investments at an average of $5M each, focused on clear winners from the seed portfolio.
Hydra Host, a Tango.vc portfolio company (top Fund I performer via SPV), raised $100M Series A led by Kindred Ventures with NVIDIA, ARK Invest, and others for GPU-as-a-Service AI infrastructure.
Coram, a Tango.vc portfolio company in AI-powered physical security, raised $35M Series B co-led by Ansa Capital and Battery Ventures. Tango.vc is an investor.