Bonfire Ventures Extends Network With Angel, Seed Investment Effort

Los Angeles-based venture capital investment fund Bonfire Ventures is looking to extend its network--and make more angel, pre-seed, and seed investments--through a new program is is calling Bonfire Firestarters. According to Bonfire, it has partnered with six individuals and five early-stage fund managers who the firm will be using to make investments for the fund. The fund said that it's currently an "incredibly active" fund-raising environment, with seven of the companies in its portfolio raising Series A financings in just the last 45 days, with none of those financings yet announced.