Penny Jar Capital

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Penny Jar Capital, co-founded by Bryant Barr and Richard Scudellari with basketball star Stephen Curry as a special adviser, has filed to raise a Fund II without a specified target amount, according to an SEC filing in October. Additionally, the firm filed to raise a separate entity called Fund II Collective, also without a target amount. Penny Jar Capital, which launched in 2021, has made approximately 18 investments in companies like Upwind, Ducky, and Praxis Labs. The firm is part of a trend where athletes like Stephen Curry, Kevin Durant, and Serena Williams are increasingly engaging in the tech and venture capital sectors. Curry plays a role in sourcing investment opportunities and supporting portfolio companies.