The Pioneer Square Labs leadership team, from left to right: Palvi Mehta, Mike Galgon, Greg Gottesman, T.A. McCann, Julie Sandler, Ben Gilbert, David Zager, and Geoff Entress. (PSL Photo)
Seattle-based Pioneer Square Labs has raised $100 million for its second fund. It marks a key milestone for the 5-year-old firm and shows investor confidence in its unique model that combines a startup studio with a venture capital fund.
Fund II: PSL planned to raise $80 million but had more demand from existing institutional investors. It also added new backers and deliberately aimed to diversify its limited partner base for