According to reports, Olaf Sakkers, founder of RedBlue Capital, has completed the first close for the fund’s second stage, with a target raising of at least $50 million. The firm closed its first fund in 2023, securing commitments of approximately $5 million, primarily investing in real economy sectors such as robotics, logistics, manufacturing, and energy, with individual investments typically ranging from $50,000 to $100,000, mostly co-investing in deals led by other institutional investors.

Sakkers stated that the fund has invested in 28 companies, 15 of which have seen valuation increases, achieving a net internal rate of return significantly exceeding 50%; however, there has been only one exit so far, which was a talent acquisition, and the majority of gains remain unrealized. Reports indicate that in the U.S. fundraising during the first three quarters, funds at the fourth round or beyond accounted for 88.2%, while first-time funds represented only 4.5%. RedBlue also invested in AI firms HappyRobot and Flai; Sakkers noted that the fund leverages a database he built via Claude Code to track relationships and meeting notes, enabling asynchronous team collaboration.