8VC Announces $998M Fund, 8VC Fund VI
Gunderson Dettmer represented long-time client 8VC in the formation of its $998 million 8VC Fund VI. The new fund will be invested across market sectors that will help “lead society forward,” such as life sciences, healthcare, defense, logistics, enterprise and education. 8VC raised its last fund, 8VC Fund V, in March 2023.
In the announcement of the fund formation, 8VC said, “We announced Fund V at a comparatively tentative time for America, and for venture capital – and were often lambasted for refusing to virtue signal or proceed cautiously in deference to that mindset. Fund VI launches at a time of revolution – peaceful, but nonetheless transformative, and more aligned with how 8VC does things.”
The Gunderson deal team was led by Andrew Thornborrow and Olga Zolotnik and included Laura O’Leary, Sara Gerdes, Daryl Dietsche, Aimee Li and Dale Burma.
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