May 20, 2022

Flying Fish Partners

Seattle-based Flying Fish Partners announced the final closing of its second venture fund, Flying Fish Partners II, (Fund II) with $70 million in committed capital. Flying Fish invests in the artificial intelligence (AI) and machine learning (ML) sector. Flying Fish makes seed-stage investments in software and mixed hardware and software companies that use AI or ML as foundations to their businesses, provide AI and ML products and services, or provide tools to AI and ML practitioners. Flying Fish has already made 10 investments in Fund II. Flying Fish's three founders – Geoff Harris, Heather Redman and Frank Chang – have complementary technical, operating and investing expertise. In Fund II, the company adds Adriane Brown as managing director. Brown is an accomplished executive and board member of Fortune 100 companies and previously served as a venture partner in Fund I. Vanessa Pegueros, a cybersecurity expert who served as a venture partner in Fund I, continues to serve as a venture partner in Fund II. Flying Fish also adds Lisa Nelson, co-founder of M12 and an active advisor and independent board member, as a new venture partner in Fund II. Notable companies in the firm's Fund I include Picnic, Symbl.ai, Reclaim and Phaidra. Portland-based Streem (sold to Frontdoor) was also an early investment in Fund I. While Flying Fish has invested in startup companies in the Pacific Northwest and Western Canada, its reach has expanded geographically. Several of its initial investments in Fund II are located along the East Coast of the United States and Canada.