Streamlined Ventures, led by Ullas Naik, secured $140 million in new capital commitments for its two newest funds. This brings the total funds managed to eight with the assets under management reaching about $325 million. Institutional investors, family offices and high net worth individuals pumped $102 million into the firm's fifth seed fund, which targets startups focused on data science, AI, software automation, APIs and Web 2.5. The second is $36 million into a third opportunity fund that invests in mid-stage financings of seed-stage companies from prior seed funds. Naik is a solo general partner who started Streamlined Ventures in 2011, but prior to starting his own firm, had been in both angel investing and venture capital for more than 25 years.