Iris Dorbian

Enlightened Hospitality Investments led the round.

Kennet focuses on high-growth SaaS technology companies.

Lapam Capital led the round with participation from other backers that included CDH Investments, 5Y Capital, and Yael Capital.

The target is $150 million.

CityRock Fund II will invest in early-stage startups focused on solving challenges in areas such as climate and energy, healthcare, fintech, protective industries, and the future of work and workplace.

In his new role, Robey will play a pivotal part in raising capital, managing investor relationships, expanding the fund's network of limited partners, and spearheading business development initiatives.

In this role, Hourdajian will help lead and accelerate Montauk Climate's investment efforts.

The fund will focus on making early-stage investments in insurance products and services.

In this role, Geehan will oversee Techstars’ finance department, including all of accounting, data and valuations, financial planning and analysis, treasury, and tax.

She will be based in the firm's Redwood City, California office.