\n<\/p>\n
After a surge of VC investments from the 2021 bubble failed to yield strong returns<\/a> from many venture firms, limited partners, such as endowments, pension plans, and sovereign wealth funds began to funnel a greater share<\/a> of their capital into a select group of established firms with proven track records.<\/p>\n The latest huge capital haul has come to Lightspeed Venture Partners. The 25-year-old venture firm announced Monday that it raised a total of $9 billion<\/a> in fresh funds, the largest fundraise in firm\u2019s history.<\/p>\n At a time when very few companies have managed to IPO, Lightspeed was an early investor in Rubrik<\/a>, Netskope<\/a>, and Navan<\/a>, all of which have recently made their public market debuts.<\/p>\n The firm has also positioned itself as a predominantly AI-focused investor. Lightspeed claims to have backed 165 AI-native companies, including Anthropic, xAI, Databricks, Mistral, Glean, Abridge, and Skild AI.<\/p>\n Armed with its giant new fund, the firm can continue to make massive investments into capital-intensive AI companies. For instance, Lightspeed reportedly wrote a $1 billion check to Anthropic when it co-led the LLM-maker\u2019s $13 billion<\/a> investment in September.<\/p>\n Lightspeed\u2019s new capital is spread across six funds, including a $3.3 billion opportunity fund dedicated to follow-on investments in its fastest-growing portfolio companies.<\/p>\n Other large VC firms that have recently raised enormous capital pools include Founders Fund, which earlier this year amassed $4.6 billion<\/a> for a growth fund, as well as General Catalyst\u2019s $8 billion<\/a> capital haul and Andreessen Horowitz\u2019s $7.2 billion<\/a>, both secured in 2024.<\/p>\n Techcrunch event<\/p>\n \n\t\t\t\t\t\t\t\t\tSan Francisco<\/span> Meanwhile, younger and smaller VC firms are struggling<\/a> to attract fresh funds. According to PitchBook data, 2025 is on pace to record the fewest VC fund closings in the past 10 years.<\/p>\n<\/div>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t|<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n