Unshackled Ventures files to raise $25m

The early-stage firm, which backs immigrant founders, raised $20m for its previous fund.

San Francisco-based Unshackled Ventures, an early-stage investor that backs immigrant founders, filed to raise $25 million for its third fund, according to a regulatory filing. The firm raised $20 million for its second fund that closed more than two years ago. The previous fund included such LPs as Bloomberg Beta, Jerry Yang’s AME Cloud Ventures and Emerson Collective, among others.