Lucas Venture Group
Overview
Lucas Venture Group is a Palo Alto, California-based early-stage investor focused on human health, infrastructure and intelligence.[1]
Contents6 sections
Key facts
1993–2007Founding Background
Donald Alexander Lucas, son of Donald L. LucasDonald L. LucasDonald L. Lucas was an American venture capitalist who backed companies including National Semiconductor and Oracle and served as an early Theranos chairman.Open the full entry, founded RWI Group in 1993 and Lucas Venture Group in 2007.[2]
Theranos Investment Vehicles
The 2023 federal restitution order identified Lucas Venture Group as a victim of Theranos investor fraud, specifying Lucas Venture Group IV, LP and Lucas Venture Group XI. The firm, fund vehicles and individual family members are distinct legal subjects.[3]
May 2023Restitution Order
The court awarded Lucas Venture Group $7,570,005, jointly and severally payable by Holmes and Balwani. This was a restitution obligation, not proof of money recovered.[3]
Subsequent Leadership and Investment Focus
Santa Clara University identifies Sarah Lucas and Jack Lucas as LVG general partners, with Jack representing the third generation.[2]