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Fortune
Fortune
Allie Garfinkle

Exclusive: Emergence Capital raises $1 billion seventh fund

The Emergence Capital team (Credit: Emergence Capital)

The son of a mechanic, Santi Subotovsky has thought a lot about cars. 

"The most surprising thing is how much you can do yourself," said Subotovsky. "Here in the U.S., we take that for granted. We buy a car and, when it gets old, we return it and get a new one. Actually, you can build a car. The car you build is going to be different from any other car out there. But it’s still a great car that gets a lot of attention."

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