Morrison Foerster advised KDX, an early-stage venture capital firm focused on investment and capital markets technology, on the final closing of its inaugural fund, KDX Fund I. The fund targets early-stage startups that digitize investment and capital allocation processes, with a focus on systems and information management, financial software, and business/productivity software. KDX Fund I supports companies from inception through their Series A rounds.
The MoFo team was led by San Francisco corporate partner Susan Mac Cormac and Palo Alto private funds partner Stephanie Thomas, together with Palo Alto private funds of counsel Aron Estaver, San Francisco corporate associate Mingqian Li, and Washington, D.C. tax partner Jaclyn Goldberg.