Recent Fund Formations Represented by Gunderson Dettmer*
Gunderson Dettmer is the recognized leader in the venture capital and growth equity fund formation marketplace. We routinely negotiate close to one-third of every venture capital dollar raised worldwide. Clients rely on our market knowledge and counsel to help balance the competing interests of limited partners, general partners, employees and portfolio companies, optimizing results for prevailing market trends.
*This fund formations list is exclusive to firms that have made public announcements and is not comprehensive of all work completed recently.
8VC Announces $880M Fund, 8VC Fund V
Gunderson Dettmer represented client 8VC in the formation of its $880 million 8VC Fund V to invest in companies that aim to “fix the world.”
Brewer Lane Ventures Announces New $203M Fund
Brewer Lane Ventures announced Brewer Lane Ventures Fund II, a $203 million fund focused on investing in fintech and insurance companies.
Correlation Ventures Announces $130M Fund Formation
The U.S. venture industry's analytics-based investing pioneer, Correlation Ventures, announced Correlation III, a $130 million US venture capital fund.
Cowboy Ventures Announces Cowboy Fund IV and Mustang Fund
Cowboy Ventures Fund IV and Cowboy Mustang Fund I have committed capital totaling $260 million to invest in pre-product startups and follow-on opportunities in Cowboy’s breakout winners.
Greycroft Closes More Than $1B of Capital Commitments
Greycroft's two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, enable the firm to continue to invest in early and growth-stage enterprise and consumer businesses.
Gunderson Dettmer Represents Yosemite in Fund Formation
Yosemite, a newly formed VC firm announces its inaugural fund, Yosemite Fund I. The firm is a spinoff of Emerson Collective and was founded by Reed Jobs.
Eclipse Raises $1.23B Across Two New Funds
Gunderson Dettmer represented client Eclipse in the formation of its $720 million Eclipse Fund V and $510 million Eclipse Early Growth Fund II. The two vehicles bring the firm’s AUM to $4 billion.
Latin America-Based Kaszek Ventures Announces Nearly $1B for New Funds
Kaszek Ventures announced the formation of two new funds, Kaszek Ventures VI, a $540 million early-stage fund, and Kaszek Ventures Opportunity III, a $435 million vehicle for later-stage investments.
OpenView Announces $570M Fund VII
OpenView formed a $570 million fund, Fund VII. The company will use its seventh fund to partner with high-growth software startups.
Questa Capital Announces $397M Fund Formation
Questa Capital formed Questa Capital Partners III, a $397 million venture growth equity fund.
Suffolk Technologies Announces the Closing of a $110M Venture Fund
Venture capital platform affiliated with Suffolk Construction, Suffolk Technologies, announced the formation of Suffolk Technologies Fund 1, its inaugural $110 million venture fund.
Volition Capital Announces its $675M Fund, Volition Capital Fund V
Volition Capital Fund V totals over $675 million in aggregate capital commitments and assets under management totaling over $1.7 billion.
Wing Announces New $600M Pool of Capital
Wing announced Wing Four, its new $600 million pool of capital, which will focus on early-stage investing and long-term company building in B2B technology, to include in emerging AI-first technology stacks.