Penny Jar Capital, co-founded by Bryant Barr and Richard Scudellari with Stephen Curry as special advisor, is raising Fund II without a target amount.
The firm has made around 18 investments in multiple sectors including internet security and online education, showcasing its diverse portfolio since its launch in 2021.
Curry's involvement highlights a growing trend where athletes are stepping into venture capital, following peers like Kevin Durant and Serena Williams.
Penny Jar's founders have strong ties to Curry's brand management, with Barr being his former business manager, indicating a close alignment between Curry's brand and investment efforts.
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