Y Combinator Alum Launches $34M Fund to Back YC Startups

Phosphor Capital launches $34M fund to support Y Combinator startups, led by YC alum Kulveer Taggar and backed by Garry Tan.
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Y Combinator Alum Launches $34M Fund to Back YC Startups
Phosphor Capital’s $34M Commitment to Y Combinator Startups Y Combinator startups are becoming increasingly attractive investment opportunities, especially given their growing track record of producing unicorns and even decacorns. Recognizing this momentum, Y Combinator alum Kulveer Taggar has launched Phosphor Capital—a $34 million fund dedicated exclusively to investing in YC companies. The fund has quickly captured attention thanks to Taggar's strong network, prior startup success, and backing from notable names like Garry Tan, the CEO of Y Combinator. Image Credits:Phosphor Capital Taggar, a two-time YC graduate, believes the accelerator’s alumni represent some of the most promising early-stage ventures in the tech ecosystem. Phosphor Capital differentiates itself as the only solo GP-led fund focusing solely on YC startups. While other funds like Pioneer Fund and Rebel Fund also prioritize YC-backed ventures, Taggar’s deep ties to the accelerator and his vision for supporting the…