Nebular Doubles Down With Fund II
Nebular, led by Michael Bervell, held its first close of Fund II at $32.3 million. The raise marks a significant step up for the emerging manager, who has built a reputation for identifying deep-tech opportunities at the earliest stages of company formation.
Deep-Tech Investment Focus
Nebular's thesis centers on backing founders building at the intersection of frontier science and scalable technology. The fund targets companies in sectors where deep technical differentiation creates durable competitive advantages, including areas like advanced materials, computational biology, and novel hardware architectures. Fund II's successful first close reflects growing LP confidence in this approach.
Michael Bervell's Rising Profile
Bervell has emerged as one of the most recognized next-generation venture capitalists, combining technical fluency with a disciplined investment framework. His ability to evaluate complex technology stacks and identify commercially viable applications gives Nebular an edge in sourcing and winning competitive deep-tech deals.

